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10 things you need to know this morning in Australia

Monday 15 August 2016

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10 things you need to know this morning in Australia

Australia's best IPOs and worst excuses for not passing on rate cuts in full. Our Olympians could have been better overnight. And why you should eat more olives and less Panadol.
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A giant hedge fund could be about to shake up Morgan Stanley

Morgan Stanley may be about to get the activist investor treatment. ValueAct, the activist hedge fund run by Jeff Ubben, disclosed a chunky position in the stock in the fund's 13F filing.
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It looks like the headphone jack dilemma will be pretty messy to start

Apart from forcing some people to buy new wired (or wireless) headphones, it's likely to raise the cost of the average headphone, and make many learn to live with dongles.
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6 things Australian traders will be talking about this morning

Stocks in the US rallied again with the big three indexes hitting new record highs overnight.
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Snapchat is buying a search startup for over $100 million

Vurb bills itself as an "experience" search engine that helps people "easily find, save, and do the best things by connecting community recommendations, rich content, and useful services."
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Leaked ISIS documents: The majority of recruits knew nothing about Islam

A recent series of leaked Islamic State documents have revealed that most of ISIS' recruits had a rudimentary knowledge of Shariah law -- the legal system that governs people of the Islamic faith.
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I spent 37 consecutive days playing 'Pokémon GO' -- here's what I did to catch 'em all

It was no walk in the park, but I sure spent a lot of time there.
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'There's a Venezuela happening in capital markets'

This may be the darkest thing we've read about the market in a while. 
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An expert says we won't have to wait until October for an election-changing surprise

A well-respected author who has been called the "premier futurist in the national security environment" thinks we won't have to wait too much longer for an "October Surprise" that could have major implications for the presidential election.

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