10 things you need to know this morning in Australia

Dinendra Haria/SOPA Images/LightRocket via Getty ImagesAnti-Brexit and Pro-Brexit demonstators are seen holding placards and flags during a protest.

Good morning!

1. BREXIT DEFEAT: British Prime Minister Theresa May’s Brexit deal has been voted down -this morning 202 – 432. The result will likely mean Brexit will be delayed. Labour Party leader Jeremy Corbyn made immediate moves for a vote of no-confidence in May — a move likely to fail. Follow our live blog here.

2. The British pound rallied towards the close, following a sharp pre-vote drop off. The recovery was taken as a sign of optimism around the stability of the UK’s position in the EU.

3. The Aussie dollar also showed some signs of optimism, making gains against the greenback. It continues to track Chinese yuan fluctuations and recent reports of Chinese stimulus has strengthened both. David Scutt has more.

Thomson ReutersAUD/USD (RHS, orange) v USD/CNH (LHS, inverted, purple) 5-Minute Chart.

4. Tick tock: The US-China trade deal deadline is fast approaching. The two countries have until March 1 to come to an understanding, or the US has threatened to raise tariffs on all Chinese imports — a move that could severely impact China’s wider economy. This expert weighed in on the likelihood of an extension.

5. The Chinese economy has had another key indicator of a slowdown with the latest shipping data trending downward. But is the damage structural, or is the US-China trade war to blame? A senior analyst has their 5-second indicator on the Chinese economy.

6. The hunt for new president of the World Bank is underway and former Pepsi CEO Indra Nooyi is standing out from the crowd as a likely candidate. The role needs to be filled after the unexpected resignation of current president Jim Yong Kim. Ivanka Trump is said to be playing a key role in the nomination process.

7. First plants on the moon. China has become the first nation to successfully grow plants on the moon with sprouts from cotton seeds popping up from inside the lunar lander. It is hoped that, in the long term, the seed would provide oxygen and food for other living things to consume.

8. Tensions continue to rise between Canada and China with retaliatory travel warnings being issued from both sides following the high profile arrest of Huawei CFO Meng Wengzhou and the sentencing to death of a Canadian national.

9. Thinking of undertaking postgrad study? This Aussie entrepreneur says the degree will take its toll but the rewards are there if you’re willing to work for them. More here.

10. Success doesn’t come easy. Nor should it. But often unfounded doubts that rise up can inhibit your goals and ambitions. We’ve collated some of the best ways to overcome Impostor Syndrome from top CEOs, leading psychologists and entrepreneurs who have struck out on their own.


An egg is now more famous than, well, everyone. A movement to dethrone Kylie Jenner as the queen of Instagram has succeeded, and a picture of a humble chicken egg now has 43 million likes.

Behold, the most-liked Instagram post ever:

You can get 10 things direct to your inbox each morning by punching your details into the form below.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.