1. In markets overnight, the pound has rallied after a day of chaos in British politics saw Prime Minister Theresa May survive a vote of no confidence. US stocks and bond yields are both higher on the prospect of improving US-China relations, although stocks saw some small pre-close clips to the gains of the day. Predictions of a 20% drop in Sydney housing prices is a bleak scenario laid out by Capital Economics.
2. The Aussie dollar is benefiting from the more positive outlook on US-China trade negotiations. The AUD/USD rose to .7238, the highest point this week, before settling at 0.7216. David Scutt has more.
3. The crime we can’t report on. A prominent Australian has been convicted of a serious crime, with a Victorian jury finding the person guilty of the charges this week. Publishing any details in Australia could lead to charges of contempt of court against any publication and journalists responsible. However, in the global internet era, what has occurred is being widely reported globally.
4. Theresa May is still in power after a no-confidence vote on Wednesday evening, local time. The vote was forced after 48 MPs sent a letter of no-confidence. While May won by a comfortable margin, she still has to govern knowing that more than a third of her MPs don’t support her leadership.
5. The fate of Huawei’s CFO could lie in Trump’s hands after the US President told Reuters that he would intervene in her case if it would mean a favourable outcome for security and for “the largest trade deal ever made”. Meng has not yet been extradited to the US. She was released on bail in Canada yesterday.
6. Why does England lose the soccer? What’s shaping the greening of capitalism in Asia? Or perhaps you’d like to know what really matters in life when you’re faced with mortality? We’ve put together a list of top reads of Australian CEOs for this summer.
7. The RAM on your smartphone keeps your phone going harder, better, faster and stronger. It’s more than storage, it is about how efficiently your smartphone is able to multitask and this can be make or break on how fast your phone feels. The reasons you want more RAM and what it can do for you are all here.
8. The economy in 2019 already has a bumpy road ahead. From climate change to rate hikes, this list looks at all the potential risks for the year ahead and what it means for investors.
9. The manhunt continues for Christmas Markets killer. The shooter who murdered at least two people and left 13 injured at Strasbourg has evaded French authorities over the past 24 hours. The Strasbourg-born man has been previously flagged for radical extremism by French Intelligence and the shooting is being treated as an act of terrorism.
10. What have you been Googling lately? Google has revealed its top searches of 2018. It’s no surprise that Meghan Markle is high ranking with the royal wedding, international roadshow and new baby bump. Read our top 10 list here.
BONUS ITEM: It’s summer time and there’s no better time to be knocking back a crisp white with a seafood platter fit for a king. Brokenwood Winery has just opened the doors on its $8 million makeover, including a complete remake of the 1975 cellar door, a new contemporary restaurant called The Wood, and the more casual Cru Bar + Pantry.
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