BUSINESS

Expect the buzz about the Samsung Galaxy S4 to be louder as another U.S. carrier announced the availability of the best-selling smartphone of the South Korean tech giant and amid a new TV advert that will surely catch the attention of young people.

Monstrous and never-ending gridlock like the video shown above is the bane of both Metro manila residents and foreign visitors alike. Throw in garbage and flooded streets during the monsoon season, and it is no wonder that Metro Manila despite the Philippines being a beautiful country is low in quality-of-life indices of different agencies.

The Australian sharemarket had its worst day in two months, pushed lower by Ben Bernanke's much anticipated testimony before congress last night. The All Ordinaries index (XAO) slumped by 2 per cent, adding to yesterday's 0.27 per cent losses.

Hundreds of Ford workers in Australia were in shock as the company announced its plan to shut down operations by October 2016. As the news broke out, hundreds of workers were devastated. It did not matter whether they worked there since three decades back – people will lose their jobs in three years time.

The telltale signs have already been there as early as 2012. It was just a matter of when will Ford Australia finally collect its guts to formally announce the closure of its manufacturing plants in Australia. That time came on Thursday as Ford Australia finally confirmed it is closing down and letting go 1200 jobs in the process.

The upcoming Galaxy Tab 3 7.0 is going to be sold in affordable price once it is released according to the South Korean tech giant, Samsung. However, the said device appeared on Adorama, a New-York based retailer selling the device for $199.99.

China on Wednesday announced it has discovered a gold mine in the Ili Valley in the country's Xinjiang Uygur Autonomous Region. With reserves estimated to be at 53 tonnes, the said discovery could translate to an economic value of $3.2 billion.

Joseph and Keana, an interracial couple from Virginia, are already used to getting stares from other people. However, they were shocked and outraged when a police officer suddenly appeared at their doorstep to investigate if the three biracial children were theirs as a response to Walmart security’s concern that they may have been kidnapped.

The Australian share market is being heavily sold off in early trade, following a volatile night on Wall Street.

Being a country's topmost political leader does not necessarily equate to being most powerful. In Australia, Julia Gillard may be the Prime Minister, but is it Gina Rinehart who is the most powerful woman of Australia, according to Forbes magazine's annual list of 100 most powerful women around the world.

Sony agrees to a revamp and puts spin-off proposal under evaluation.

By Tim Price"The first panacea for a mismanaged nation is inflation of the currency; the second is war.

Japan's exports sadden as they increased less than expected in April while the country's trade deficit expanded significantly in the month. The Japan's economy has a long way ahead to finally revive, but it seems that the weaker yen has not started bearing fruits yet. The disappointing results for April were mainly driven by weak demand from key trading partners, including the European Union and China.

Ford Motor Co. is having its good days and it simply wants to take advantage of growing demand for cars in North America. Thus the US-based automaker informed that it decided to increase production at its car plants located in North America, thereby cutting the summer shutdown.

America’s Lost Reputation & South Asia’s Shift towards China: Dan Steinbock

By Jonathan BarrattWe have been talking about gold consolidation for sometime, and the price action over the last few trading sessions has been supportive of a low.

By Greg PeelThe Dow closed down 80 points, or 0.5%, while the S&P lost 0.8% to 1655 and the Nasdaq fell 1.

Now's not the time to buy, but it's certainly a time to do your research and work out who will continue to perform well in a more subdued spending environment. The question is though, just how subdued will the spending environment become as the China rebalancing story plays out over the next few years?

A Steady State Economy is one that seeks to balance growth with environmental integrity by maintaining stable or mildly fluctuating levels in population and consumption of energy and materials. In our current global scenario - with population and demand for resources rising - what would it take to achieve a steady state economy?

Even though a Walton took her crown away as the richest woman in the world, Australian mining magnate Gina Rinehart is still the country's richest person, the BRW magazine confirmed on Wednesday.

With the exception of the first half hour of trade, sellers dominated the session on Wednesday. The news pulse in corporate and economic terms provided further encouragement.

The New Xbox One was released today but investors were not impressed as stocks of Microsoft and AMD remains the same while Sony enjoys a 9^*1 increase in stocks.

Despite continuing reports of slipping demand and dropping stock prices, Apple (AAPL) continues to reign as the world's most valuable brand according to Millward Brown's BrandZ study.

A Tunisian man who contracted the SARS-like novel coronavirus during a pilgrimage to the holy city of Mecca in Saudi Arabia has died.

Although plus size models have been around the global fashion industry the past few decades, large mannequins both in catwalks and photoshoots are still relatively few compared to thin models.

After it had allowed its girls to engage in sports in their private schools, oil-rich nation Saudi Arabia is now divided whether to extend such empowerment privilege to allow its women to watch sports in a stadium due to be completed in 2014.

The Australian share market is trading slightly lower in the early session, despite record highs being reached on Wall Street overnight. The US Dow Jones Index made it 19 consecutive Tuesday wins, while the broader share market and NASDAQ Indices were higher for the 9th consecutive Tuesday.

Weather experts said on Wednesday that the tornado that hit Oklahoma on May 21, Tuesday, was stronger than the atomic bomb that hit the Japanese city of Hiroshima during World War II.

By Peter Switzer, Switzer Super ReportBy Peter Switzer founder and publisher of the Switzer Super ReportFor those caught in a "will I or won't I go long BHP Billiton" at these levels, the tennis tournament between Roger Montgomery and my fanatical BHP Billiton supporter, who I nicknamed the BHP...