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Easy credit gives surprise boost to China

China's official Purchasing Managers Index jumped to 50.2 points in March, well ahead of market expectations.

A surge in new credit pushed China's giant manufacturing sector to its highest level in nine months, a move likely to help underpin the recent rally in commodity prices.

ENN Group chairman Wang Yusuo started out as a gas bottle salesman, sometimes cycling 70 kilometres to make a delivery.

The rise and rise of Santos' new backer

1 hr ago
Lisa Murray

Wang Yusuo started out selling gas bottles before becoming one of China's hot entrepreneurs.

No more money for public schools says Prime Minister Malcolm Turnbull. So you'll have to think of another way to improve.

How to improve schools at low cost

47 mins ago
Tim Dodd

Public schools are not getting money from a tight-fisted federal government. But there are low-cost ways they can improve.

Refinancing is when a customer takes out a new loan to pay off their existing mortgage.

Refinancing puts pressure on bank margins

1 hr ago
Clancy Yeates

There is a boom in the number of mortgage customers taking out new loans to pay off their existing debt at lower rates.

Contains:
Video

"Everyone kisses my arse ... because I'm the CEO," says Stewart Butterfield, founder of Slack. But he says a large part ...

Slack CEO's journey began in a log cabin

John McDuling

Not many CEOs grow up in a hippie commune. Not many completely change their entire business model and succeed. Stewart Butterfield isn't like many other CEOs.