Apple contractor Foxconn has started instituting precautionary and even bizarre measures to protect its workers and business in the aftermath of reported nine suicides this year at the company’s giant facility in southern China.
Beijing has suddenly become hesitant in buying more Euro reserves and is reportedly set to re-evaluate its holdings of eurozone debt amidst the worsening sovereign debt crisis in Europe as representatives of China’s State Administration of Foreign Exchange (SAFE) met with foreign bankers based in the Chinese capital to shed light on the issue.
A new United Nations (UN) report published on Wednesday said that the world economy is poised to recover from last year’s crunch with up to three percent growth this year and 3.2 percent improvement by next year, while warning at the same time that only a solid recovery could recoup job losses and fill the production backlog created by the deep recession.
The US climate change representative said Wednesday that all countries must adopt transparency and accept external reviews of their greenhouse emissions, leaving note that global cooperation is very important to ensure that the worldwide campaign for carbon intensity reduction is heading to the right direction.
The Australian police has charged a circus acrobat for allegedly knowingly spreading HIV thru unprotected sex with hundreds of women wince contracting the virus in 1997.
The US Senate, voting by 59-39, has approved on Thursday a comprehensive reform bill poised to overhaul financial industry regulations amidst calls from many legislators and economic analysts to check the excesses of Wall Street, which are blamed by many as the biggest contributing factor in the 2008 global financial crisis.
Japan’s finance ministry has expressed concern on Friday that the rise of Yen was beyond the country’s expectations as Finance Minister Naoto Kan admitted that the currency’s seemingly uncontrollable upward spirals are causing worries over the global economy.
Three thugs thought they would have it easy ganging up a hapless young medical student. Until they met a group of crime fighting ninjas.
China maintained its hard-line stand against revaluing the Yuan amidst longstanding pressures from the US and Europe and instead pointed fingers on the soaring American debt levels, which Beijing described as possible source of more and graver economic concerns.
International charity group ARK (Absolute Return for Kids) announced it has raised US$24.4m to finance two new programmes aimed at reducing maternal death in Zimbabwe and infant death in Zambia, and develop new South African education programme with Her Majesty Queen Rania of the Hashemite Kingdom of Jordan
The Australian police has widened its investigation into alleged drug trafficking ring operation involving some personnel of Australia's fourth largest bank, Australia and New Zealand Banking Group (ANZ).
Australians are contributing their share to help in the clean up of the one of the worst oil spill along the U.S. Gulf Coast beaches. Australians are sending their hair, tons of it.
New York Attorney General Andrew Cuomo has launched an investigation on eight Wall Street banks following allegations that they provided misleading information to numerous ratings agencies in order to secure favourable rating on mortgage securities.
The Spanish government said today that budget cut measures will take effect soon in order to cushion the anticipated spill over of Greece’s debt issues across the eurozone as Prime Minister Jose Luis Rodriguez Zapatero revealed that public sector wages will be slashed by five percent and frozen by next year.
Samsung Group announced Tuesday that it is set to invest a total of $US20 billion in healthcare and green energy sectors by 2020, which would create thousands of new jobs as company chairman Lee Kun-Hee hinted that governments around the world are channelling billions to sustainable energy over concerns on the planets dwindling resources.
The State Information Centre, a powerful government think-tank, has called on the Chinese government to consider a more flexible exchange rate in order to eliminate worldwide pressure for a stable currency and discourage the entry of speculative funds on China’s economy, which could encounter a slow down by the year’s second quarter.
An Australian biotechnology company is claiming to have isolated a natural extract from seaweed which has been shown to inhibit the H1N1 virus. The breakthrough offers new home for the containment of influenza outbreaks.
Journalists from across the globe are celebrating World Press Freedom Day Monday. To commemorate the event, the Press Association of Jamaica (PAJ) had called on governments worldwide to remove the barriers to the free flow of information.
The People’s Bank of China has advised local banks on Sunday to increase their money reserves in a bid to rein in waves of fresh lending that could burst the property bubble and eventually lead to economic overheating.
The governments of Australia, the U.S. and the U.K. on Sunday warned of an "imminent' terror attacks in New Delhi targeting public areas, including markets in Connaught Place, Greater Kailash and Chandri Chwok.
The expansive oil spill off the Gulf of Mexico is threatening the way of life of the people in the state of Louisiana, Governor Bobby Jindal warned.
Better hide those bronzed skin when visiting Tehran, Iran. At least if you are a woman. On Thursday, Tehran police chief Brig. Gen. Hossien Sajedinia has warned that all women sporting a tan will be arrested and imprisoned because this violates the "spirit of Islamic law." Thus, any woman that looked like a "walking mannequin" will be punished.
The International Monetary Fund (IMF) has issued warning on Thursday that Asian economies are in danger of overheating as more capital influx could lead to inflationary pressures that could bust the region’s recent gains.
She has been called a medical wonder. 10-year-old girl Rachael Shardlow miraculously survived being stung by a box jellyfish, one of the world's most venomous creatures, in December while swimming 23 kilometres upstream from the ocean mount in Calliope River, near Gladstone in Queensland.
A retired jeweler sorting through items donated to a Pennsylvania charity got the surprise of his life when he discovered an expensive 2.6 carat diamond and platinum ring estimated to be worth $US17,600 ($19,000).
Organisations that apply a "wait and see" approach to thinking about the impacts of climate change on their business might reach a point where it is too late to adapt, according to a University of Queensland (UQ) Business School expert.
China has announced on Tuesday that it is set to require telecom operators and internet service providers to report and cooperate with state security officers on possible leak of state secrets, as the country moves further to tighten its grip on communication facilities and discourage political dissent.
Queensland University of Technology (QUT) scientists will use technologically-advanced automated monitoring equipment to track greenhouse gas emissions and the impact of urbanisation as part of a new national research network.
A US-based environmentalist group has filed charges against Broken Hill Propreity (BHP) Billiton, stating that the company's Mexico operations have polluted its groundwater flowing into the neighboring areas.
The International Monetary Fund hailed Australia as one of the top 10 developed counties as it made a comeback from the global financial crisis.
