BUSINESS

Pollution, Smog Mar China Week-long Holiday

What could have been a peaceful and relaxing week-long holiday for residents turned otherwise when northern China was again surrounded by fog and pollution on Sunday. The situation was so extreme that authorities had to suspend air flight operations as well as closed at least six expressways.

More Financial Woes for BlackBerry As Shareholder Files Class Action Lawsuit

More woes continue to hound the Waterloo, Ontario-based BlackBerry after a shareholder filed over the weekend a class action lawsuit against the troubled tech firm and two executives. The shareholder charged them with inflating the stock price by providing misleading financial information of prospects of the firm's BlackBerry 10 smartphone line.

Would You Buy HTC & Other Android Phones with Windows OS?

Reports said that Microsoft Operating Systems Chief Terry Myerson asked HTC in September the possibility of adding the option, with possibly an offer or cutting or removing the patent licensing fees that HTC pays Microsoft for every Android phone it sells.

Petronas Invests $36B in an LNG Plant, Pipelines in Canada

Petronas, the state-owned oil and gas company in Malaysia, said on Monday that it will invest $36 billion in Canada. The announcement came at the same time that Canadian Prime Minister Stephen Harper was attending in Bali, Indonesia a gathering of Asian leaders.
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Australian Stock Market Report – Afternoon 10/4/13

The impasse over US budget talks continues in the U.S. Democrats and Republicans appear no closer to a budget deal on the third day of the federal government shutdown. Up to 800,000 federal workers have been sent home without pay. As a result the Aussie dollar traded at its highest level in a week on Friday on the back of a weakening US dollar.

Australian Stock Market Report – Midday 10/4/13

The Australian stock market has seen selling from the outset, in line with most global stock indices in the last day. Investors continue to give US politician the benefit of the doubt, expecting a timely resolution to the budget impasse. However, if there are no meaningful signs of progress over the weekend market sentiment will likely shift next week. Funding the government's activities is a sideshow compared to the extension debt ceiling. If US lawmakers fail on this count, a debt default w...

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

What Makes Australian Property a Smart Investment?

Australia remains one of the most sought-after countries on international property portal TheMoveChannel.com. Sydney, Perth and Melbourne are all high on the wish list of Down Under destinations. But what makes Australian real estate a smart investment?

Australian Stock Market Report – Midday 10/3/13

The Australian share market is moving higher for a second straight session, despite weakness on Wall Street overnight as the US government shutdown entered its second day. This morning our time, US President Obama and Congress have been holding talks in an effort to reach agreement over the budget impasse.

Made by China for China – A Travel Guidebook on How to Behave in Other Countries; No Nose Picking, No Urinating in Public and Most Importantly, Behave!

They may be becoming one of the world's richest dominions, but the Chinese are a known sloppy pack when touring other countries. Yes it is a fact. Otherwise, China's very own National Tourism Administration won't be publishing a 64-page Guidelines On Civilised Travel Abroad if the Chinese were behaving civilly and properly outside of their home turf.

86% of Aussies Don’t Pay in Cash

Eighty-six per cent of consumer payments by Australians are done in other ways except cash, indicating how far ahead if the country in terms of becoming a cashless society.

Reforming Visa Regime Can Bring 57 Million More Tourists to APEC Region and Create 2.6 Million Jobs by 2016, Says UN Report

The Asia-Pacific Economic Cooperation (APEC) region stands to gain between 38 and 57 million additional international tourist arrivals by 2016 from visa facilitation and could lead to 2.6 million more jobs in APEC economies. These are the findings of a research report released by the United Nations World Tourism Organisation (UNWTO). The findings of the report were presented at the APEC High Level Policy Dialogue held in Bali, Indonesia on Tuesday.

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