BUSINESS

Effective November, China will cease harvesting the internal organs of its executed prisoners which has supported the requirements of its national organ donation system for years.

The Australian share market has come under selling pressure at lunchtime in the East, after Wall Street recorded another session of losses overnight and insurer QBE Insurance (QBE) missed expectations with its earnings result.

Tropical storm Maring (international name: Trami) may already be pressing the panic buttons of most residents in the Philippine capital of Metro Manila, but state weather forecasters continued to pacify the Filipino populace that the rains it dumped was still far off compared from those dumped by the fatal 2009 typhoon Ondoy (international name: Ketsana).

Apple Inc. (NASDAQ:AAPL) Budget iPhone, the iPhone 5C, replaces iPhone 5 but not iPhone 4S

By Greg PeelIt is not always easy to push a large order through an actively traded, exchange-listed market without having an influence on the price in that market.

Complex things are more fragile, says Nassim Taleb, author of the books The Black Swan and Antifragile. Your computer and its misbehaviours are daily proof. You can click on the same button as yesterday only to get completely different results. And encoded error messages are absolutely no help.

With the string of vehicular accidents in Canada caused by distracted driving, citizens believed it is about time to consider the behaviour liable for a criminal offense charge complete with stiffer penalties.

By Greg PeelThe Dow fell 70 points or 0.5% while the S&P lost 0.6% to 1646 and the Nasdaq dropped 0.2%.

The flat result for local stocks appears unflattering, although it was a solid result considering that Telstra and the CBA went ex-dividend , which took 20 points off the market.

Apple (NASDAQ:AAPPL) might have other motives for releasing it budget iPhone, the iPhone 5C.

The Australian sharemarket is up by around 0.2 per cent at lunch, after a relatively flat few hours of trade.

Equity markets have survived the last few years on the mantra that 'bad news is good news'. Each time GDP slowed, unemployment rose or confidence crumbled, stocks surged.

The Philippine government was forced to suspend offices and classes in 14 provinces, including in the capital Metro Manila, as tropical storm Maring (international name: Trami) maintained its strength and continued to enhance the southwest monsoon early Monday. The state forecasting weather agency has advised the 14 provinces to brace for severe flooding.

WeWi Telecommunications, a Canadian company based in Ontario, will release on the last week of August a solar-powered laptop priced at $350. However, the device may also land in North America as a Chromebook, reported Computerworld.

The flagship device of the Taiwanese tech firm, HTC One, is coming to carrier Verizon on Aug 22, ending the long wait of techies wanting to own the device under better terms.

The uptrend has broken out but gains were not maintained. The uptrend enters its 9th week with resistance for the first time.

Samsung will unveil its smart watch, the Galaxy Gear, on Sept 4. The event will be held two days before the IFA Consumer Electronics Show in Berlin and six days ahead of the expected roll out on Sept 10 of the iPhone 5C and 5S, according to Bloomberg.

Another abusive boss who uses his position and power to force his employees to have sex with him in exchange for choice work assignment has been unmasked. The New York Post identified him as 45-year-old Nesim Zuberi, a banquet supervisor at the New York Athletic Club.

Are we getting closer to the end of QE? The US bond market certainly thinks so. Overnight, the benchmark 10-year Treasury yield rose 14 basis points, to 2.72%. Market interest rates are now hovering around their highest levels in years.

Australian stocks came under selling pressure on Friday, despite a strong rise on the Chinese share market. Another triple digit loss on Wall Street overnight impacted sentiment, while profit taking also seemed to be in vogue.

Chinese Kiwis in New Zealand are concerned about the country’s image in China in the wake of the recent botulism contamination scare. An analysis of social media in both countries has found an emerging group of Chinese residents in New Zealand vigorously defending the island nation from their fellow Chinese.

The Australian share market is under heavy selling pressure at lunchtime on Friday, after Wall Street suffered another triple digit loss overnight.

The Volkswagen Golf GTI is the stuff of legend as the benchmark hot-hatch, but does the all-new Mark VII carry the torch and live up to its predecessor?

US Airways and American Airlines, which have been planning to combine the two airlines by the end of September, hit a major merger roadblock. The Justice Department filed a lawsuit on Tuesday to block the proposed $11 billion merger between American Airlines and US Airways, which would create the world's largest airline.

Organisers of the Vancouver Science World Exhibit banned two print ads that they deemed too sexy for public exhibition, specifically in outdoor space such as bus shelters. The decision what to place in such locations is in the hands of municipalities and display companies.

About 1,700 local workers employed by mining giant Rio Tinto (ASX: RIO) will lose their jobs at the Oyu Tolgoi copper mine in Mongolia. Rio blamed the lay-offs to the stop in the $5 billion expansion plan ordered by the Mongolian government.

By Greg PeelThe Dow fell 225 points or 1.5% while the S&P lost 1.4% to 1661 and the Nasdaq dropped 1.7%.

The flip phone is back, and behind its return is not Google's Motorola which was famous for its Razr line of flip phones, but South Korean tech giant Samsung.

The Labor Ministry of Brazil is filing a suit against Samsung, the world’s largest smartphone maker, over poor working conditions of the workers in its factory located in Manaus. The ministry is seeking damages to the tune of about $108 Million.