How Hard Would It Be For Avian Flu To Spread?
Current reports indicate that two groups of scientists were paid to genetically change a lethal virus into something more infectious. It has triggered fear, even rage, in a few quarters.
India’s Reliance Power, Shell Mull to Put Up $560M LNG Terminal
Reliance Power Ltd. by Indian billionaire Anil Ambani and global energy giant Royal Dutch Shell Plc are reportedly mulling to put up what could become India's first east-coast liquefied natural gas (LNG) terminal.
Gladstone Harbour to be Removed from World Heritage List?
The Gladstone Ports Corporation is exerting efforts to have its harbour removed from the World Heritage List so that it could continue with its dredging operations sans international scrutiny, according to the Greens.
China’s Continued Restrictions Prompts Decline in Home Sales
China's continued tightening of regulation policies on its property market has affected sales of both new and existing homes in Beijing.Latest data by Centaline China Property Research, the city's housing regulator, showed sales of new home in Beijing fell 18.4 per cent to only 90,605 units in 2011 compared from a year ago, the Beijing News reported Monday.
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Gold One Miner Now Majority Owned by China
Gold One International is now 89.17 percent owned by BCX Gold Investment Holdings, a consortium of Chinese investors, after the latter had successfully completed the required A$150 million subscription investment to gain majority ownership of the dual-listed South African and Australian gold producer.
Israel to Alert Citizens Against Incoming Missiles Via SMS
Israel's military will soon warn citizens in real time and in multiple languages of incoming missiles that are not intercepted via SMS.
Australian Stock Market Report - Midday 1/3/2012
Today is the first day of trading for the 2012 calendar year, The Australian Stock market ended the last day of 2011, 19 points lower. But today, after higher commodity prices and light trading in Europe the market opened stronger.
India's Q1 2012 Gold Imports Seen Dropping 50%
Global record high prices of gold as well as high domestic interest rates have affected imports of the yellow metal by the world's largest buyer, India, falling 9.11% in 2011 compared a year ago, the Bombay Bullion Association said on Monday.
Australian Dollar Outlook - 3 January 2012
Bell FX Currency Outlook:
With the majority of offshore equity markets and commodity markets in the US closed for the New Year's holiday, the AUD is remaining steady around
USD1.0200 level in thinly traded markets.
Australian Stock Market Report - 3 January 2012
MORNING REPORT(8.00am AEDT)The euro zone purchasing managers index rose from 46.4 to 46.9 in December. The French index rose from 47.3 to 48.9 and the German index lifted from 47.9 to 48.4. In figures released on Sunday the official Chinese manufacturing index rose from 49.0 to 50.3 in December.
Global Markets Overview - 3 January 2012
From Morrison Securities Pty Ltd.:
The final Labor Department jobs report for 2011 will punctuate another holiday shortened week. In addition to the figures on joblessness some of the most closely watched indicators markets will mull over monthly sales figures from retailers for the key holiday-shopping month of December.
Indian Lawmakers Fail to Pass Anticorruption Bill
New Delhi, India was unsuccessful to obtain critical anticorruption law through its Parliament in a confrontational late-night conference Thursday.
Watch:Cool Fireworks All Over The World (PHOTOS and VIDEO)
It's raining fireworks! New Year may be regarded as the world's firework festival. Most countries worldwide welcome the new chapter with a big bang of pyrotechnics.
Global Economist Stephen S. Roach: Time for Asia to Reinvent, Be Less Dependent on EU, U.S.
Expect the economies of China and India in a more languid pace in 2012, according to leading Yale University lecturer and global economist Dr. Stephen S. Roach.
Are the New Tax Benefits for Aussie Families for Real?
Prime Minister Julia Gillard fulfilled her earlier pledge of pushing up the benefits contained in the Family Tax Benefits, picking the first day of the year to mark the realisation of an electoral promise.
Secret Files: Fraser Okayed U.S.-Australia MX Missile Test
Former Prime Minister Malcolm Fraser and his Cabinet had agreed with former U.S. President Ronald Reagan's proposal to test fire an intercontinental ballistic missile called MX from California to the Tasman Sea in 1981, according to secret files released by the National Archives of Australia on Sunday. The test firing never pushed through.
Same-Sex Union Group Urges Labor Not to Play Politics
Gay union advocates have called on the Australian Labor Party on Monday to consider right timing before any member of the ruling party officially introduces private member's bill supporting same-sex marriage.
Iran Tests New Missile, Nuclear Fuel Rod After Fresh U.S. Sanctions
Iran test-fired a new missile that can hit radar-evading missiles during a naval drill in the Strait of Hormuz on Sunday. It also announced the successful test of locally-made nuclear fuel rods for powering nuclear reactors.
Queen Bestows Order of Merit on Former PM John Howard
Former Australian Prime Minister John Howard was appointed by the Queen to the Order of Merit. The order is bestowed on individuals who have achieved exceptional distinction in the arts, learning, sciences and other areas such as public service.
Welcoming 2012 [PHOTOS]
Welcoming 2012 may be varied in different areas around the world, but such a celebration holds one common practice - to party and make noise! It's the time to be happy and cheerful.
India Unveils Opening of Bourse to Individual Foreign Investors
India has decided to further open up the country's stock market as part of its efforts to attract more investments and reignite growth of its domestic economy.
Hackers Say to Publish Emails Stolen from Stratfor
Hackers have stolen emails from the Strategic Forecasting Inc., a private analysis company serving for clients such as the Wall Street banks, U.S. military, and other big corporations. Hackers are associated with an Anonymous group and have indicated that they are prepared to publicize what they have taken from the firm.
Kim Jong-il: A Lavish North Korean Funeral Beneath a Leaden Sky
The great leader of North Korea, Kim Jong-il, received a copious memorial service under a gloomy sky on Dec. 28 during the time his administration combined traditional-style militarism together with a noble procession in honor of its ruler.
Spanish Royal Salaries Revealed for the First Time
Royals have finally disclosed their earnings for this year. King Juan Carlos on Wednesday revealed that he got 292,752 euros, which is equivalent to $382,600 in 2011.
Treasurer Swan: Australia in Stronger Position to Handle Global Slowdown
Australia is in a stronger position than most to handle the expected global slowdown to come from the European debt problem, Treasurer Wayne Swan said. In fact, the country can maximise the opportunities that will come from the Asia-Pacific, now the strongest part of the global economy.
Burma Warehouse Explosion Kills at Least 17
A warehouse located in the largest city of Burma has exploded. The incident has resulted death to no less than 17 people and injuries to over 100.
U.S. to Push $30B Combat Plane Sales to Saudi Arabia
U.S. President Barack Obama confirmed on Thursday the sale of new F-15SA combat planes to the Kingdom of Saudi Arabia, amounting some $30 billion will push through.
U.S. Warns Tehran: Think Twice Before Blocking Gulf Strait
U.S military officials hinted strongly on Wednesday that Tehran courts possible military response if it makes good its threat of sealing the strategic Strait of Hormuz, the major passageway of oil shipments to and from the Persian Gulf.
Former Iraqi PM Allawi: U.S. should Intervene to Avert Iraq Civil War
Iraq is on the brink of collapse, according to the country's former Prime Minister Iyad Allawi, no thanks to bold political maneuvring being implemented by present Prime Minister Nouri al-Maliki.
JP Morgan Cuts Molycorp Price Target, Shares Fall
Shares of US rare earths producer Molycorp Inc. plummeted 13% on Wednesday, trading for as low as $24.52 per share, after analyst JP Morgan slashed its price target on the stock to $39 from $57.
Australian Stock Market Report - Afternoon 12/30/2011
Yesterday, The Australian Stock market closed 19points lower. But today, after a negative week of trading, the market turned higher at the open up 10points, boosted by strong gains on overseas markets.
Peak Resources Raises $2.24M for Tanzania Rare Earth Project
Australian miner Peak Resources has announced it will place 8 million new ordinary shares at $0.28 per share to be able to raise A$2.24 million to complete the initial works on the Ngualla Rare Earth Project in southern Tanzania.
Chopper Drone To Spy With 1.8-Gigapixel Camera
The U.S. Army is developing a helicopter drone equipped with a 1.8 gigapixel camera that can provide high resolution ground images or video from an altitude of 20,000 feet and over an area of 65 square miles.
Papua New Guinea’s InterOil Close to Finalizing $6 Billion LNG Project, Secures Preliminary Sales Deal with Chinese Firm
InterOil Corporation of Papua New Guinea had secured a preliminary sales deal with Chinese company ENN for its first natural gas output, in what could be a thrust for InterOil to finally push its planned $6 Billion liquefied natural gas (LNG) project.
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