1. Brexit chaos looms. While British Prime Minister Theresa May is now focused on finding a way to force Brexit through parliament after her government survived a no-confidence vote on Wednesday, MPs are demanding that she makes significant concessions, which she appears unwilling to do.
2. The Australian dollar has been on a roller coaster ride following conflicting reports on US-Sino trade negotiations. The WSJ reported that US officials were considering watering down US tariffs on Chinese imports. However a treasury spokesperson subsequently denied the claims. At 8.05am in Sydney, the Aussie was up 0.32% to 0.7189.
3. ICYMI: Elon Musk could build a $1 billion high speed tunnel to help ease Sydney traffic congestion. People, including Atlassian co-founder and co-CEO Mike Cannon-Brookes, think the cost is a bargain. See the plans for the tunnel here.
4. A bunch of stocks in Hong Kong crashed 70% without warning — and no one really knows why. Jiayuan, a property developer, was the worst impacted by the crash, dropping as much as 81%, and seeing more than $HKD25 billion ($3.2 billion) wiped from its market capitalisation in a single afternoon.
5. The Trump administration is reportedly considering lifting some tariffs on China to help get a trade deal done. US Treasury Secretary Steven Mnuchin is said to be pushing for tariffs on $US250 billion worth of Chinese goods to be stopped, arguing that such a move would help the two sides toward a trade deal. More here.
6. The US government shutdown has shattered the record for the longest shutdown in history. Now in its 27th day the current, drawn-out shutdown fight shows no signs of ending and some experts say it could speed up the next recession.
7. Collection #1: Nearly 773 million email accounts have been exposed in a massive data breach. It appears the data didn’t come from a single source, site, or company but is an aggregation that includes cracked passwords. Here’s how to check if you were affected.
8. RIP Jack Bogle. The founder of investing firm Vanguard Group, died on Wednesday at age 89. Bogle pioneered low-cost index funds and was lauded by fellow investor Warren Buffett as “a hero” who “has probably done more for the average investor than any man in the country.” Read more about Bogle’s life and career here.
9. Seagulls have run amok at the Australian Open. A match was delayed for three and a half hours because there weren’t enough staff to clean all of the seagull poo off the court. The delay meant Garbiñe Muguruza and Johanna Konta didn’t finish their match until the ungodly hour of 3:12am.
10. The mystery of why Trump wears his ties so low has been solved: He thinks it has a “slenderising” effect. Style experts disagree (along with everyone else).
BONUS ITEM: New Zealand has deported a family of “unruly” British tourists who are accused of littering and stealing. Bottom line: Don’t be a tosser.
Have a great day.
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.