COMPANIES

Only Shanghai gained 0.17 per cent or 3.48 points to 2,059.07 over the weekend at the close of bourses in the Asian market, while most of the major stock exchange in the region logged losses after the Malaysia Airlines Flight 17 was hit by a missile and crashed on Thursday.

Almost $1.5 million would be deducted from Malaysian Airlines shaky finances as the embattled air carrier announced on Monday that it would grant $5,000 assistance to each of the families of the 298 victims of MH 17

The two houses of Australia's Parliament have passed on Friday legislation that would ease foreign ownership restrictions on flag carrier Qantas. However, the airline would still remain 51 per cent or majority owned by Australia.

Even before Malaysian Airlines Flight 370 disappeared mysteriously on March 8, 2014, the embattled air carrier was already struggling financially. The incident worsened the airline's financial standing as passengers, scared by what happened, cancelled bookings, while the company had to shoulder a lot of extra expenses related to the search and tending to the needs of the relatives of the 239 people aboard the ill-fated plane.

Line App - a leading messaging app filed for an Initial Public Offering two weeks ago in Tokyo Stock Exchange and valued at $9.85 billion.

The Sydney Federal Court approved on Thursday the $2.2 billion sale of Australian department store David Jones to Woolworths Holdings of South Africa. The go signal came after shareholders of the second-largest department store in the country approved the sale on Monday.

A computer glitch hit Australian grocery giant Woolworths on Thursday afternoon, causing scanners to charge as free items with price tags below $10.

Cleveland Clinic has secured the number one position in hospitals for cardiology and heart surgery for the twentieth time in a row.

According to a report by CNN, Disney theme park employees were arrested for alleged kiddie-sex crimes.

Sydney business leaders sought freer trader to boost growth in trade and capital and to create jobs. However, they stayed away from the issue of profit-sharing and climate change, which are considered vital issues by many G20 nations.

Finance experts have reiterated time and again that relying on savings to fund one's retirement is not advisable because inflation eats up the actual value of a person's retirement nest.

Porn producers are complaining that companies are keeping away from them, noting the change in tolerance for the X-rated industry especially after several HIV scares as some actors tested positive for the disease.

It is a sad day for the mainstream radio industry in Australia on Monday, July 14, as Radio Australia anticipates major job cuts. However, this fact-of-life among employees of being axed during hard times could be an opportunity for broadcasters to try new platforms to continue with their careers.

Charges of sexual harassment have been slapped against a top female executive of Yahoo! in California by one of her former female employees.

Japanese Prime Minister Shinzo Abe capped his three-day visit to Australia by signing a free trade agreement (FTA) with Australia, which opens Japan's $5 trillion market to the Land Down Under.

After an erratic night of trading in Europe and the US the Aussie market started weaker but within the first 2 hours of trade managed to rally out of the red.

Because of the uncertainty surrounding Singapore's property sector, over 68,000 new Central Depository Accounts were opened in 2013. It is the largest number of new retail investors in the prosperous Southeast Asian nation in the past five years.

Air New Zealand has received a new plane on Friday, and it's no less than the first ever Boeing Dreamliner 787-9.

Addiction treatment and rehabilitation programs leader BioCorRx Inc. (OTCMKTS: BICX) has announced a series of transactions that strengthens the company's balance sheet and offers future, income-producing upside through the elimination of all convertible debt.

If all pilots were as considerate and as caring as Frontier Airlines pilot Gerhard Bradner, flying passengers surely won't mind flight delays. Armed with 50 boxes of pizza, Bradner diverted what could have been a total PR disaster for the airline company, no thanks to bad weather.

Suppliers of Apple Inc. had a strong June quarter which analysts believe is a positive sign for the company too. According to reports, analysts continue to look ahead for Apple's expected product releases in the fall.

Japan's capital of Tokyo is now on high alert in anticipation of Typhoon Neoguri which is expected to reach areas near the tsunami-crippled Fukushima nuclear power plant on Friday.

Portugal saw one of its largest banks exhibiting signs of financial stress overnight, as Banco Espirito Santo missed a debt repayment.

British Web site Daily Mail has issued an apology statement to American Actor George Clooney after he slammed the tabloid for false fiancée story via an op-ed.

Apple Inc hired engineers from Nike FuelBand to join its iWatch team

Apple Inc.'s iPhone 5S is the world's number 1 smartphone in the first quarter of 2014, beating Samsung in the latest report of ABI Research. According to the research firm, Apple and Samsung dominated the rankings for the Top 5 which comes as no surprise since both companies take a bigger piece of pie in terms of market share.

The stocks of major supplier for Apple are moving faster that the stock of Apple itself as iPhone 6 release date nears

Enterprises are excited at the advent of Internet of Things (IoT) as a big business opportunity. This is amid concerns about devices proliferating and network capacity and security becoming unwieldy in matching the growing number of end points from connectedness.

New real estate social marketing site Nestbuilder.com has surpassed Zillow's total number of listings within half a year of its launch.