Roy Hill Iron Ore Project of Australia’s Gina Rinehart Secures US$7.2B Funding
Australia's richest woman Gina Rinehart has secured a $7.2 billion debt deal for the Roy Hill iron ore mine project in West Australia's Pilbara region.
Poverty Levels Rise in Australia as Global Financial Crisis Fallout Continues Worldwide
The fallout of the global financial crisis is far from over as the latest report by the Organisation for Economic Cooperation and Development revealed high unemployment rates and low income have led to the worsening socioeconomic conditions in several countries, including Australia.
New Zealand Economy Outperforms US, UK, Australia with 3.1% GDP Growth
New Zealand's economy grew 0.9 per cent in the fourth quarter of 2013 which indicates the programs of the government are working, according to Finance Minister Bill English. New figures released on March 19 showed that the country's GDP had increased to 0.9 per cent in December which total growth in a year to 3.1 per cent. Compared to the same quarter in 2012 which had an annual average growth of 2.7 per cent, New Zealand's GDP was 3.1per cent higher in the recent December quarter in 20...
Fukushima Suspends Decontamination Process, Water Filtering System Malfunctions Yet Again
A defect in the water filtering system at the crippled Fukushima nuclear plant had forced operator Tokyo Electric Power (TEPCO) to suspend yet again its decontamination process at the facility.
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New Zealand and China Launch Direct Currency Trading on First Day of PM John Key's Official Visit
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Malaysia Airlines MH370: Can the Missing Plane be Finally Found Somewhere Over at the Maldives? Nuclear Test Body Did Not Detect Any Land, Sea Explosion Anywhere Around the World
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Malaysia Airlines MH370: 3 Million Join Crowdsourcing to Help Locate Missing Plane
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Canadian Wireless Carriers Hike Prices
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New Zealand Dollar to Increase Weekly Due to Reserve Bank's Interest Rate Hike
The New Zealand dollar is expected to have a weekly gain of 0.9 per cent following the interest rate hike of the Reserve Bank. The Kiwi dollar rose to 85.39 U.S. cents as on March 14 as of 5pm in Wellington from a previous close of 84.55 cents. The Kiwi dollar rose to an 11-month high at 86.06 cents before trading at 85.23 cents by 8am on March 14. According to a BusinessDesk survey of 11 analysts, the Kiwi dollar is predicted to trade between 82.75 and 86.35 U.S. cents by the end of the week.
Reissa Su Mar 14, 2014
Scientists Baffled over Fukushima Radiation Found in Park in B.C., Canada
Radioactive activity from Fukushima has reached Fraser River Valley in Vancouver, British Columbia in Canada. Although the scientists uncovered very low levels of cesium-134 in the soil, they remain baffled as to how it arrived in the area.
Esther Tanquintic-Misa Mar 14, 2014
Uncertainty over Future, Depression Prompt Suicide Cases to Rise in Fukushima
Numbers of suicide cases in Fukushima continued to rise since 2011 triggered by depression and uncertainty over the future.
Esther Tanquintic-Misa Mar 14, 2014
Woolworths to Add 7000 Workers by Opening 108 New Stores Across Australia
Australian supermarket giant Woolworths plans to add another 7,000 employees in 2014 to its current 180,000 workers by opening 108 more new stores across the country.
Vittorio Hernandez Mar 14, 2014
Bank of New Zealand Lifts 3-Year Freeze on Interest Rate by 0.25% to 2.75%
The Reserve Bank of New Zealand raised on Thursday the official cash rate (OCR) by 0.25 basis points to 2.275 per cent. It ended the three-year freeze on interest rates imposed by the national government after the Christchurch earthquake.
Vittorio Hernandez Mar 13, 2014
Yay or Nay? New Zealand Decides Fate of Redesigning National Flag in 3 Years
To drop the Union Jack or not. New Zealanders have been given three years to decide on the matter concerning their national flag.
Esther Tanquintic-Misa Mar 12, 2014
New Zealand Economy to Gain from China's Plan to Rebalance Economy
New Zealand's economy is expected to have significant gains due to big changes in China which will have a big impact to the island nation's future. According to reports, the Chinese government is resolving to rebalance its economy. China's Finance Minister Lou Jiwei announced that the country's economic growth target will remain at 7.5 per cent for 2014.Mr Jiwei said hitting the growth target does not matter since the government wants to see more of an increase in jobs growth.
Reissa Su Mar 11, 2014
Apple Confirms Availability of iPhone Recycling Program in Canada Retail Stores
Apple's iPhone recycling program has now been made available in Canadian retail stores. Canadians wanting that latest model can now trade in their old iPhones to get a credit of up to $275 in order to purchase the new model.
Esther Tanquintic-Misa Mar 11, 2014
Malaysia Airlines Flight MH370: Conspiracy Theories Abound Missing Plane
Mystery continued to deepen surrounding the fate of the missing Malaysia Airlines Flight MH370 four days after it disappeared on the air with nary a hint of anything that could pinpoint to where it can possibly be right now. Sherlock Homes-conspiracy theorists have pounced on the incident.
Esther Tanquintic-Misa Mar 11, 2014
Malaysian Airlines Flight MH370: New Zealand Joins in Search Operations
New Zealand has joined into the fray of search and rescue operations for the ill-fated Malaysian Airlines flight MH370 that went missing on Saturday early morning.
Esther Tanquintic-Misa Mar 11, 2014
Malaysian Airlines MH370: Families of Passengers Claim Their Mobile Phones Continue to Ring
Families of passengers aboard missing ill-fated Malaysian Airlines flight MH370 have been barraging telecom service providers to look into the mobile accounts of their loved ones. They claim to have been calling their phones and that these were ringing.
Esther Tanquintic-Misa Mar 10, 2014
Global Warming Strengthens Growing Malaria Cases Worldwide, Africa, Asia, Central & Southern America at Risk
A new study published in the Science journal has advised governments and health authorities as well as travelers wishing to visit Africa, Asia, Central and Southern America to up their proactive measures against the malaria-carrying mosquitoes as cases of the disease will multiply each year due to global warming.
Esther Tanquintic-Misa Mar 10, 2014
Fukushima 3 Years After: Thyroid Cancer Cases Among Children Rising
Cases of thyroid cancer among children residing in Fukushima have grown steadily since the disastrous March 2011 incident. Citizens have all but lost hope and confidence in their government. And three years after, no one has been made accountable for the supposed worst nuclear disaster since the 1986 Chernobyl.
Esther Tanquintic-Misa Mar 10, 2014
Malaysia Airlines Flight MH370: Wife of Kiwi Passenger Prays for Miracle, Air New Zealand Still Believes in Safety Features of Boeing 777s
Paul Weeks was headed to Mongolia to pursue his "dream job" in what he believed will help him provide comfortably for his family. His wife Danica is praying for a miracle that could still come true. Mr Weeks is one of the 239 passengers now part of the missing Malaysia Airlines Flight MH370 that went out of the radar over the weekend and disappeared over the South China Sea.
Esther Tanquintic-Misa Mar 10, 2014
Aussie Women 5th Noblest Across 29 Countries - OECD
Saturday is International Women's Day. As a means of celebration, Aussie women will be proud to know that they are ranked 5th among the noblest women among 29 countries.
Athena Yenko Mar 07, 2014
Is Australia Living Beyond Its Means, as Claimed by the Country’s Richest Person Gina Rinehart?
Gina Rinehart, Australia's richest person who just added another $700 million to her $17 billion wealth in the last 12 months, warned that Australia is living beyond its means.
Vittorio Hernandez Mar 07, 2014
AU Universities Fall from Top 100 World Reputation Rankings
Five Australian universities fell from top 100 World Reputation Rankings.
Athena Yenko Mar 06, 2014
Sydney 3rd 'Most Expensive City' In the World
Sydney is third most expensive city in the world, according to The Economist's survey titled, "Worldwide Cost of Living 2013."
Athena Yenko Mar 05, 2014
Global Warming, Rising Sea Levels Will Wipe Out Statue of Liberty, Tower of London, Sydney Opera House; 100 Other Cultural Landmarks At Risk
At least 100 world cultural landmarks such as the Statue of Liberty, Tower of London and Sydney Opera House will be wiped out from the face of the earth if ocean waters continue to rise spurred by the burgeoning global warming and climate change.
Esther Tanquintic-Misa Mar 05, 2014
Au Hotels Enjoy Good Economic Year – Hotels.com
Australian hotel industry enjoys a favourable year according to the recently published Hotel Price Index from Hotels.com
Athena Yenko Mar 05, 2014
Royal Trio Visit to New Zealand Cost Taxpayers Whopping $1M Per Day
The royal visit to New Zealand by the trio family of Prince William, Kate and baby Prince George will cost taxpayers a whopping $1 million per day, no less than Prime Minister John Key announced. He was quick to defend however the "tremendous international coverage" the Kiwi country will get in exchange.
Esther Tanquintic-Misa Mar 05, 2014
Climbers Welcome to Mt Everest, But Required to Bring Down 8kg Worth of Thrash – Nepal Gov't
Nepal is again bracing for an influx of visitors wanting to trek up the challenging Mount Everest this spring, with an equal amount of potential thrash going to be left behind by the so-called nature lovers and protectors. To counter this, Nepal authorities on Monday announced adventurous climbers will now be required to bring eight kilograms (18 pounds) of thrash when they come down.
Esther Tanquintic-Misa Mar 05, 2014
Transpacific Sells New Zealand Waste Mgmt Firm to Beijing Capital Group for $NZ950M ($890M)
Chinese state-owned company Beijing Capital Group has agreed to purchase Transpacific New Zealand waste management firm for $NZ950 million ($890 million), in a move seen to help fight off China's burgeoning chronic pollution as it gets to acquire new technology from the Kiwi company.
Esther Tanquintic-Misa Mar 04, 2014
Apple CEO Tim Cook Loses Cool, Blasts at Anti-Climate Change Shareholders to Withdraw Their Stock from the Company
While Apple CEO Tim Cook may just be silently taking blows against the company and its profits, he apparently won't take it just seating down when critics pick on Apple's contributions to help save the environment and ease climate change and global warming.
Esther Tanquintic-Misa Mar 03, 2014
New Zealand Warned of Possible Dengue Fever Outbreak Following Fiji Spate
Health authorities in New Zealand are warning Kiwis of a possible dengue outbreak following the spate of the disease in Fiji which has already killed three people in the island nation in the South Pacific Ocean. Fiji hospitals have been reported to be swamped with more than 2,000 cases.
Esther Tanquintic-Misa Mar 03, 2014
Calgary Drivers Empowered By App on Looming Gas Price Adjustment
Lucky drivers in Calgary, Alberta in Canada. An app informed them about a looming gas price adjustment, essentially empowering them at the right time on Thursday to manage the situation, their gas supplies as well as their expenses.
Esther Tanquintic-Misa Mar 03, 2014
Air New Zealand Lifts 1H14 Net Profit by 40% to NZ$140M
New Zealand's flag carrier is expecting higher earnings for the year ending June as its first quarter 2014 profits lifted 40 per cent to NZ$140 million from a year ago.
Esther Tanquintic-Misa Feb 28, 2014
NZ Post Slashes Jobs, More To Follow
State-owned New Zealand Post has announced it will be axing more jobs in the coming months as it struggles to keep operations alive and well.
Esther Tanquintic-Misa Feb 27, 2014
Global Coffee Shortage in the Offing No Thanks to Climate Change, Prices to Jump
Coffee drinkers seeking to reduce their consumption of the beverage may want to seriously ponder on that plan. Prices of coffee in the world market are expected to increase, spurred by droughts resulting from climate change.
Esther Tanquintic-Misa Feb 27, 2014
Officials Maintain Nuclear Leak from New Mexico Plant Poses No Health Risk Despite Elevated Levels of Radiation in the Air
Officials from the U.S. Department of Energy continued to maintain the nuclear leak that came out from a nuclear waste plant in New Mexico poses no hazards to the health of nearby residents, even as levels of airborne radioactivity had been found to be "slightly elevated."
Esther Tanquintic-Misa Feb 26, 2014
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