BUSINESS

Take It Or Leave It, Victorian State Teachers Told on Final Pay Offer

The state government of Victoria has appealed to its Victorian teachers to accept its latest and final counteroffer of 2.5 per cent a year pay rise over three years plus extra for productivity gains if only to put an end to their long-running industrial dispute as well as to avert the planned mass work stoppage by the teachers on April 30.

Australian Stock Market Report – Midday 3-26-13

Global markets have seen volatile trade in the last 24 hours. European stock indices rose in the early part of their session as investors celebrate the announcement of a Cypriot bailout. The celebrations were short lived. Market turned south after Eurogroup Chairman Dijsselbloem suggested that the Cypriot deal should be used as a template for future Eurozone bank "bail-ins". Previously rhetoric from officials had made the point that the Cypriot measures, particularly around depositors, wer...
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Too Early To Give Up On Big Asia

By Andrew NelsonThe focus has started to shift from Asia to the US as the hoped for driver of economic momentum, but Asia is by no means dead yet.

Uranium Steady But Subdued

By Greg PeelThe only nuclear reactors operating in Japan today are units 3 and 4 at Ohi. They restarted generation in June last year a following the government's reassessment of its nuclear power industry but preceding the establishment of a new Nuclear Regulatory Authority in the country.

Australian Stock Market Report – Afternoon 3-25-13

The tiny island nation of Cyprus appears to have secured a bailout, reaching a deal with its international creditors. It means Cyprus won't have to leave the Eurozone which has alleviated some contagion fears. As part of the deal, - Cyprus's second largest bank will be closed and the government will receive €10 billion in financing from the Eurozone. Today's breakthrough saw the Euro rise, along with Asian markets today.

Australian Stock Market Report – Midday 3-25-13

The Australian sharemarket is off to a positive start, with the All Ordinaries Index (XAO) up 0.6 per cent. We're coming off the back of the biggest weekly fall for the local market since May last year.

HTC M7 One Updating to Android 4.2 Jelly Bean Within 2 Months

HTC One was released running Android 4.1.2 Jelly Bean and the smartphone unveiled in the recent Mobile World Congress became the greatest competitor of Samsung Galaxy S4. On May, HTC One will possibly receive an Android 4.2 Jelly Bean, according to HTC.

"Got Milk" Campaign a Fraud - 10 Better Sources of Calcium

The dairy industry advertises pasteurized milk as the giver of strong bones and teeth. This can be observed by watching the numerous "Got Milk" commercials on the television. As celebrities show off their white mustaches, parents and their children are led to believe that pasteurized milk makes them strong and athletic.

Japan Discovers Rare Earths Deposits at Minami Tori Shima Island 20 Times More Concentrated than China’s

The Japan Agency for Marine-Earth Science and Technology and the University of Tokyo reported over the weekend the discovery of a large deposit of rare earths at the Minami Tori Shima Island on the easternmost part of the country. The deposit is reportedly 20 to 30 times more concentrated than rare earths deposits in China, which has the potential of breaking Beijing's monopoly of those types of resources.

Australian Stock Market Report – Afternoon 3-22-13

The Australian sharemarket managed to improve modestly for the first time this week, with the All Ordinaries Index (XAO) rising by just 0.1 per cent. Despite the gains, local shares slumped by 2.9 per cent over the past five sessions. Weakness from the miners continues to be a drag on trade, with iron ore prices slumping by around 15 per cent in just a month. The moves by BHP Billiton, Rio Tinto and Fortescue are quite closely correlated to iron ore price moves in general.

Jobs Lost Because of Apps

As the world shifts more toward a global economy, information technology plays a bigger role in making things easier for people, from communicating with people on the other continents to more complex tasks such as preparing reports.

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