A jump in China’s iron ore demand saw a renewal of risk appetite in the financial markets. This helped ASX rise 0.8% to close at 5476, further boosted by a revenue beat and dividend upgrade from NAB. Meanwhile in Europe ECB President Draghi managed to steal the limelight from Fed Chair Janet Yellen. Mario Draghi […]

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Real Madrid has been named the most valuable football team ahead of Barcelona at $3.44 Billion. The teamposted a revenue of $675 million and operating income of $172m in 2012-13. Other teams in the top ten include Bayer Munich. There was no mention of Sydney United or Dinamo Zagreb in the ranking.

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Alibaba has announce that it will file for an IPO in the US. Alibaba is a large e-commerce company from China. They chose New York over Hong Kong. The IPO is set to raise $1Billion.

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The Australian dollar is up by over $0.0080 in later trade. The 1% rise comes after the RBA kept interest rates on hold. Whilst the Reserve Bank indicated stability in the AUD the general sentiment is that interest rates will rise by the end of the year. The ABS also reported a continuing trade surplus […]

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There are only two more weeks to go for our 40mm jigsaw mats to arrive. We currently have over 600 mats on the high seas. They will be allocated on a first come first serve basis. So be sure to reserve your mats. Not to fear though. If you miss out on these we will […]

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