BUSINESS

Toyota Motor Corp announced on Wednesday of a massive recall involving 6.4 million vehicles worldwide after at least five defects were found, ranging from faulty airbags and seat rails to defective windshield wipers.

Esther Tanquintic-Misa Apr 10, 2014

Veet has pulled out the series of ads that were called “sexist” by disgruntled viewers. The hair removal brand’s newest campaign, “Don’t Risk Dudeness,” has outraged women around the world for implying women who have hairy legs and armpits can be mistaken for men.

Anne Lu Apr 10, 2014

The Australian sharemarket is continuing to improve, with the All Ordinaries Index (XAO) 0.5 per cent firmer and near a six-year high. No sectors are escaping the gains, with at least modest improvements felt across the board. So far this month, local stocks have improved by 1.65 per cent.

Vittorio Hernandez Apr 10, 2014

The World Health Organization (WHO) on Wednesday urged global governments as well as the world's numerous pharmaceuticals to lower down and make affordable the prices of cure pills for the hepatitis C virus (HCV) as the agency released its first ever global Hepatitis C treatment guidelines.

Esther Tanquintic-Misa Apr 10, 2014

KGI analysts Ming-Chi Kuo notes Apple Inc’s Q3 product launch

Athena Yenko Apr 10, 2014

Tokyo Electric Power has started pumping radioactive groundwater from the crippled Fukushima Dai-Ichi nuclear power plant as a preventive measure to curb further leaks in the facility.

Esther Tanquintic-Misa Apr 10, 2014

We witnessed more green on screen for the US equity markets overnight as the FOMC minutes beat down any thought of an early rates rise in the Fed funds rate.

Vittorio Hernandez Apr 10, 2014

In US economic data, wholesale sales rose by 0.7% in February with inventories up 0.5%. The sales data was short of forecasts centred on a 1.0% increase. The weekly index of mortgage activity fell 1.6% with purchases up and refinancing down.

Vittorio Hernandez Apr 10, 2014

Interest in the medical marijuana business continues to grow after two U.S. states and a few countries had legalised the trade. Also expected to expand as a result of that development is the physical space to legally cultivate cannabis.

Vittorio Hernandez Apr 10, 2014

The resumption of pings received by the Australian ship Ocean Shield has provided a ray of hope in the month-long search for the missing Malaysian Airline Boeing 777 jet which mysteriously disappeared on March 8 with 239 people aboard while on its way to Beijing from Kuala Lumpur.

Vittorio Hernandez Apr 10, 2014

Did Australian voters made a mistake when they elected the Coalition to power in September 2013? Aussies who found themselves jobless the past six months since Tony Abbott became prime minister are probably asking that question as the jobs market became tighter.

Vittorio Hernandez Apr 10, 2014

The Australian sharemarket had its best day in two months, with the All Ordinaries Index (XAO) ending 1 per cent firmer by the close. The ASX200 Index finished not too far off a six-year high and is 75 per cent higher than the lows hit in March 2009. At its best, local stocks were up 1.2 per cent today and the low was hit on the open, with the XAO up 0.6 per cent. All sectors improved, with some solid gains from the miners and banks helping most.

Vittorio Hernandez Apr 09, 2014

Australian retailer David Jones Ltd has agreed to be bought by South Africa's Woolworths Holdings Ltd. for A$2.15 billion ($2 billion), ditching a way higher offer lodged earlier by rival Myer Holdings Ltd at A$3.4-billion ($3.09-billion).

Esther Tanquintic-Misa Apr 09, 2014

Exactly a month after it went missing, Malaysia Airlines MH370 still has yet to be found. The combined forces of 26 nations still have yet to find definite pieces of evidence leading to its possible wreckage site. All that remains conclusive is the millions of dollars thrown into the search and retrieval operations.

Esther Tanquintic-Misa Apr 09, 2014

Finnish security experts, with Google researchers, warn netizens of a bug exposing users’ passwords

Athena Yenko Apr 09, 2014

The Ebola virus outbreak now enveloping West Africa could take months before it gets totally eradicated, the World Health Organization (WHO) said on Tuesday.

Esther Tanquintic-Misa Apr 09, 2014

Hair removal brand Veet’s newest campaign, “Don’t risk dudeness,” has sparked outrage for apparently being sexist.

Anne Lu Apr 09, 2014

With the growing popularity of anonymous social apps like "Secret" and "Whisper," Facebook seeks to provide anonymity to its users.

Pavithra Rathinavel Apr 09, 2014

A Forbes contributor suggested for investors to avoid Apple Inc (NASDAQ:AAPL) stock

Athena Yenko Apr 09, 2014

Windows 8.1 users will be able to migrate to 'Windows 8.1 Update' starting 08th April 2014. According to Microsoft, this is a mandatory and recommended update for Windows 8.1. Failure to install this Update will prevent Windows from patching the system with any future updates from May 2014. Although the Windows 8.1 Update is set out to be a security update, it packs a lot of new features. This update is available for both MSDN and TechNet subscribers.

Pavithra Rathinavel Apr 09, 2014

Financially strapped Tokyo Electric Power Co, operator of the crippled Fukushima Dai-ichi nuclear power plant, has been slapped a US$1 billion lawsuit by the 79 US sailors who were the first respondents to the crisis three years ago. The sailors claimed the operator lied about the high level of radiation in the area as they carried out their humanitarian mission.

Esther Tanquintic-Misa Apr 09, 2014

The local share market has tested five year highs in early trade, with every sector well supported.

Vittorio Hernandez Apr 09, 2014

After McDonald’s outlets were blacklisted in Canada for violating the Temporary Foreign Worker programme, it has been argued that Canadian workers have worse work ethics than their foreign counterparts.

Sounak Mukhopadhyay Apr 09, 2014

Apple Inc (NASDAQ:AAPL) dropped 1.7 per cent at $522.66 as of April 7 as U.S. tech stocks continued to slide in the stock market. Despite the continued fall, options traders still expects the iPhone maker to bounce back as indicated weekly call options, according to analyst reports.Options traders are positive that the new products of Apple Inc will drive the world's most valuable company after it bounced back from its worst monthly loss in 12 months.

Reissa Su Apr 09, 2014

New Developments on Xbox One (Direct YouTube Upload) and Amazon Fire TV (Beats Google Chromecast to Top Spot).

Pavithra Rathinavel Apr 09, 2014

The NASDAQ broke its three-day rout with a 0.9% rise as Google, Facebook and eBay added 2%. The S&P and the Dow also broke its four-day downtrend, which will see support for the broader market, particularly the information technology space. However, this does not mean that after this slight pull back the tech space would make the sector fundamentally cheap; it is likely that the market direction in these stocks over the coming week will be downward as they return to fair value.

Vittorio Hernandez Apr 09, 2014

In US economic data, weekly chain store sales were up by 2.9% in the latest week compared with a year earlier, up from the 2.3% annualised gain in the previous week.

Vittorio Hernandez Apr 09, 2014

In yet another sign of how Australian banks and consumers are adapting to new technology, Westpac announced on Tuesday that beginning next week, its millions of customers could use the bank's tap-and-go app when shopping.

Vittorio Hernandez Apr 09, 2014

To approve or reject - those are the options suggested by the Queensland Land Court to the state government on the planned $6.2-billion Alpha Coal Mine in Galilee Basin. The project is a joint venture between Australia's richest person Gina Rinehart and GVK, an Indian conglomerate.

Vittorio Hernandez Apr 09, 2014