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The 10 most important things in the world right now Hello! Here's what's happening on Wednesday.

MORGAN STANLEY: 7 reasons Amazon Prime is a serious threat to Australia's retail industry Amazon made its presence felt in Australia last month with an aggressive launch of its Prime subscription delivery service.

Australian home prices have fallen for 10 months, but this economist warns the worst is yet to come The worst of the declines are still to come.

'GRIM': Demand for Chinese manufactured goods just took a turn for the worse Activity levels across China's manufacturing sector in July grew at the slowest pace in eight months.

Australia's housing downturn is getting larger and faster Prices fell in a majority of capitals, and in regional centres.

Cryptos are sinking as Bitcoin's latest rally runs out of steam It's a decline of around 12% from last week's highs.

This AI startup may have cracked the code for an affordable, good-looking smartwatch. And it even works Not even laggy.

Huawei has surpassed Apple as the world's second largest smartphone maker It's the first time since 2010 that Apple has not been ranked number one or two.

The best Australian Christmas casual jobs Start applying now.

Wynns has a wine 'day' that's actually worth celebrating Wednesday = Wynnsday.

5 essential things to see in Switzerland Put these on your list.

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