Price of palladium falls 1.75% and is below the $1400 level but is still more valuable than gold which it overtook for the first time in 16 years in early December. Palladium’s bull-run is due to demand outstripping supply as the metal is mainly used for catalytic converters in petrol-powered motor vehicles. Furthermore, with European…

Depending where you live, that cup of coffee could be costing you a small fortune. Based on recent data, drinking a cup of java in the Middle East can set you back US$6.00. Denmark (Copenhagen) is home to the Europe’s most expensive coffee (excluding coffee at Venice’s ‘rip-off central’ St. Mark’s Square. China’s two largest…

Chinese authorities have launched an investigation into a vaccination scandal that is sending shockwaves through the country. There is no indication anyone has been harmed by the vaccines, but the widening scandal has frightened people. It has also brought renewed criticism of the government after a string of food and drug safety scandals over the past decade….

Say goodbye to the rooster. This Lunar New Year, or Spring Festival which runs from February 15th to 21st, will ring in the Year of the Dog and millions of people in communities all around the world will be celebrating. Before festivities begin, people clean their homes really well to make them ready for celebrations….

  January 1st, brought in new rules to make choosing baby formula simpler and to return trust to the marketplace. About 1,400 baby formula products have been removed from shelves across the country as the China’s Food and Drug Administration introduced new regulations requiring factories making formula to register and pass safety inspections. Companies are…

Bitcoin has fallen by more than 20% during U.S. trade and is at risk of going through the key $12,000 level again and may even test $10,000. It ended the week at $14,303 taking weekly losses to 33%. It reached a high of $19,511 on earlier this month. Other cryptocurrencies have also plunged including ethereum…

HXL have previously called bitcoin a speculative bubble as we compare the rise in the cryptocurrency to the Dutch tulip mania that occurred in the Netherlands in the 17th century that ultimately resulted in the crash of the market in 1637. Even with the introduction of bitcoin futures, this still does not legitimise bitcoin. Until…

For people from china, it is so convenient to use mobile payment such as Alipay,Wechat pay etc. However, due to third-party payment is a bank direct-connect transaction, it is hard for central government to monitor. Therefore, on October 15, all third-party payment platforms such as Alipay, TenPay, WeChat Pay, etc. were required to be relocated…

© 2017 HXL PARTNERS - A business Unit of Systematrix Pty Ltd

logo-footer