Result Page 22 for Latest Economy News & Archive

Philip Morris Ceases Operation in Australia, Production Shifts to South Korea

Philip Morris announced it will stop its production in Melbourne by the end of 2014

Apple Advisory: iTunes, App Prices in Australia, 4 Other Countries to Increase

The email, first published by Apple news website MacRumors, also said apps sold meantime in Israel, as well as some price tiers for apps in New Zealand, will decrease.

Noting changes in currency exchange rates, Apple on Monday disclosed App Store prices in Australia and four other countries stand to rise.

Measles Cases in Canada Growing, Health Officials Urge National Vaccine Registry

The number of measles virus infections in Canada has risen and had infected not only children but also a number of adults, prompting health officials to call for a national vaccine registry.

Japan Fukushima Disaster ‘Hot Zone’ Reopens to Residents – Report

Japan has reopened the Miyakoji area of Tamura and has called on its former 357 residents to come back to the place which three years ago underwent evacuation because of the Fukushima nuclear power plant meltdown.

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New Zealand Guns for 'Breakthrough' European Union Free Trade Deal

New Zealand Prime Minister John Key has announced that the European Union has agreed to consider a free trade deal with New Zealand. Mr Key said that if the deal will push through, it would be a breakthrough for the country. Mr Key has discussed plans with the presidents of the European Council and the European Commission at the Nuclear Security Summit at Netherlands' The Hague. While attending the summit, Mr Key has been working to secure a free trade deal with EU countries since New Zealan...

Workers from Doctors Without Borders unload emergency medical supplies to deal with Ebola

World Health Organization Rules Out ‘Ebola-like Symptoms’ in Canada, Disease a Threat to National Security

The World Health Organization has ruled out that the Ebola-like symptoms of a Canadian traveler who recently went to Liberia in West Africa.

Fruit Fly Scare in New Zealand Cost Taxpayers $1M

The campaign to establish if the male fruit fly that scared New Zealand in January was part of a breeding population has cost taxpayers a whopping $1 million.

Australia’s Greenland Minerals Enter MOU with China Firm, Shares Up

Australian rare earths miner Greenland Minerals and Energy Limited announced on Monday it has entered into a memorandum of understanding with China Non‐Ferrous Metal Industry to push the development of the Kvanefjeld Project in Greenland.

Asian Economy Bloats vs US and EU Combine – ANZ

ANZ released its new report predicting for the Asian financial system to surpass US and EU by 2030

A train hauling carriages filled with iron ore is seen on the outskirts of Port Hedland in the Pilbara region of Western Australia in this December 3, 2013 file photo. If Australian miners are worried about the dramatic decline in iron ore prices, it does

Roy Hill Iron Ore Project of Australia’s Gina Rinehart Secures US$7.2B Funding

Australia's richest woman Gina Rinehart has secured a $7.2 billion debt deal for the Roy Hill iron ore mine project in West Australia's Pilbara region.

Poverty Levels Rise in Australia as Global Financial Crisis Fallout Continues Worldwide

The fallout of the global financial crisis is far from over as the latest report by the Organisation for Economic Cooperation and Development revealed high unemployment rates and low income have led to the worsening socioeconomic conditions in several countries, including Australia.

New Zealand Economy Outperforms US, UK, Australia with 3.1% GDP Growth

New Zealand's economy grew 0.9 per cent in the fourth quarter of 2013 which indicates the programs of the government are working, according to Finance Minister Bill English. New figures released on March 19 showed that the country's GDP had increased to 0.9 per cent in December which total growth in a year to 3.1 per cent. Compared to the same quarter in 2012 which had an annual average growth of 2.7 per cent, New Zealand's GDP was 3.1per cent higher in the recent December quarter in 20...

People pray for victims of the March 11, 2011 earthquake and tsunami as Tokyo Electric Power Co's (TEPCO) tsunami-crippled Fukushima Daiichi nuclear power plant is seen in the background at Namie town, Fukushima prefecture March 11, 2014. Tuesday mar

Fukushima Suspends Decontamination Process, Water Filtering System Malfunctions Yet Again

A defect in the water filtering system at the crippled Fukushima nuclear plant had forced operator Tokyo Electric Power (TEPCO) to suspend yet again its decontamination process at the facility.

New Zealand and China Launch Direct Currency Trading on First Day of PM John Key's Official Visit

New Zealand has signed a currency exchange deal with China on the first day of Prime Minister John Key's arrival in the world's second largest economy. Together with China's Premier Li Kequiang, Mr Key announced the launch of direct trading between New Zealand's dollar and China's renminbi in the Chinese onshore market.

Malaysia Airlines MH370: Can the Missing Plane be Finally Found Somewhere Over at the Maldives? Nuclear Test Body Did Not Detect Any Land, Sea Explosion Anywhere Around the World

Residents of Kuda Huvadhoo in Dhaalu Atoll, a remote island in Maldives, have claimed seeing a "low flying jumbo jet" white aircraft with "red stripes" fly across the island on the morning the Malaysia Airlines MH370 was first reported missing.

Residents of Boeung Kak Lake light candles to spell "MH370" during a Buddhist ceremony, praying for the missing Malaysia Airlines MH370, in Phnom Penh March 17, 2014. The ceremony also included prayers for the release of 21 detainees who have be

Malaysia Airlines MH370: 3 Million Join Crowdsourcing to Help Locate Missing Plane

At least three million people from around the world have joined a crowdsourcing project to help locate the week-old missing Malaysia Airlines flight MH370 airliner.

A woman uses a mobile device while walking past a Telus store in Ottawa February 19, 2014. Canadian telecom companies have paid a combined C$5.27 billion ($4.78 billion), a record high amount, to secure licenses for prime airwaves on which they plan to bu

Canadian Wireless Carriers Hike Prices

With nary a competition in sight, Canada's big three wireless carriers have all raised prices for their monthly plans by $5 as well as on their discount brands Koodo, Fido and Virgin. All their base plans now cost the same.

New Zealand Dollar to Increase Weekly Due to Reserve Bank's Interest Rate Hike

The New Zealand dollar is expected to have a weekly gain of 0.9 per cent following the interest rate hike of the Reserve Bank. The Kiwi dollar rose to 85.39 U.S. cents as on March 14 as of 5pm in Wellington from a previous close of 84.55 cents. The Kiwi dollar rose to an 11-month high at 86.06 cents before trading at 85.23 cents by 8am on March 14. According to a BusinessDesk survey of 11 analysts, the Kiwi dollar is predicted to trade between 82.75 and 86.35 U.S. cents by the end of the week.

Scientists Baffled over Fukushima Radiation Found in Park in B.C., Canada

Radioactive activity from Fukushima has reached Fraser River Valley in Vancouver, British Columbia in Canada. Although the scientists uncovered very low levels of cesium-134 in the soil, they remain baffled as to how it arrived in the area.

Highly contaminated water leaked from a large storage tank is seen at the H6 area of the contaminated water storage tanks, at Tokyo Electric Power Co. (TEPCO)'s tsunami-crippled Fukushima Daiichi nuclear power plant in Fukushima prefecture in this Februar

Uncertainty over Future, Depression Prompt Suicide Cases to Rise in Fukushima

Numbers of suicide cases in Fukushima continued to rise since 2011 triggered by depression and uncertainty over the future.

Woolworths to Add 7000 Workers by Opening 108 New Stores Across Australia

Australian supermarket giant Woolworths plans to add another 7,000 employees in 2014 to its current 180,000 workers by opening 108 more new stores across the country.

Bank of New Zealand Lifts 3-Year Freeze on Interest Rate by 0.25% to 2.75%

The Reserve Bank of New Zealand raised on Thursday the official cash rate (OCR) by 0.25 basis points to 2.275 per cent. It ended the three-year freeze on interest rates imposed by the national government after the Christchurch earthquake.

New Zealand's flag-bearer Adam Hallflag (R), leads his country's contingent during the opening ceremony of the 2014 Paralympic Winter Games in Sochi, March 7, 2014. REUTERS/Alexander Demianchuk

Yay or Nay? New Zealand Decides Fate of Redesigning National Flag in 3 Years

To drop the Union Jack or not. New Zealanders have been given three years to decide on the matter concerning their national flag.

New Zealand Economy to Gain from China's Plan to Rebalance Economy

New Zealand's economy is expected to have significant gains due to big changes in China which will have a big impact to the island nation's future. According to reports, the Chinese government is resolving to rebalance its economy. China's Finance Minister Lou Jiwei announced that the country's economic growth target will remain at 7.5 per cent for 2014.Mr Jiwei said hitting the growth target does not matter since the government wants to see more of an increase in jobs growth.

Apple Confirms Availability of iPhone Recycling Program in Canada Retail Stores

Apple's iPhone recycling program has now been made available in Canadian retail stores. Canadians wanting that latest model can now trade in their old iPhones to get a credit of up to $275 in order to purchase the new model.

A woman looks on in front of a giant screen showing the hours since Malaysia Airlines flight MH370 went missing and the number of passengers onboard, including 154 Chinese people, at a shopping mall, in Beijing March 10, 2014. The disappearance of a Malay

Malaysia Airlines Flight MH370: Conspiracy Theories Abound Missing Plane

Mystery continued to deepen surrounding the fate of the missing Malaysia Airlines Flight MH370 four days after it disappeared on the air with nary a hint of anything that could pinpoint to where it can possibly be right now. Sherlock Homes-conspiracy theorists have pounced on the incident.

A map of a flight plan is seen on a computer screen during a meeting before a mission to find the Malaysia Airlines flight MH370 that disappeared from radar screens in the early hours of Saturday, at Phu Quoc Airport on Phu Quoc Island March 10, 2014. The

Malaysian Airlines Flight MH370: New Zealand Joins in Search Operations

New Zealand has joined into the fray of search and rescue operations for the ill-fated Malaysian Airlines flight MH370 that went missing on Saturday early morning.

A military officer takes notes during a search and rescue mission, onboard an aircraft belonging to the Vietnamese airforce

Malaysian Airlines MH370: Families of Passengers Claim Their Mobile Phones Continue to Ring

Families of passengers aboard missing ill-fated Malaysian Airlines flight MH370 have been barraging telecom service providers to look into the mobile accounts of their loved ones. They claim to have been calling their phones and that these were ringing.

Global Warming Strengthens Growing Malaria Cases Worldwide, Africa, Asia, Central & Southern America at Risk

A new study published in the Science journal has advised governments and health authorities as well as travelers wishing to visit Africa, Asia, Central and Southern America to up their proactive measures against the malaria-carrying mosquitoes as cases of the disease will multiply each year due to global warming.

A doctor conducts a thyroid examination on five-year-old girl as her older brother and a nurse take care of her at a clinic in temporary housing complex in Nihonmatsu, west of the tsunami-crippled Fukushima Daiichi nuclear power plant, Fukushima prefectur

Fukushima 3 Years After: Thyroid Cancer Cases Among Children Rising

Cases of thyroid cancer among children residing in Fukushima have grown steadily since the disastrous March 2011 incident. Citizens have all but lost hope and confidence in their government. And three years after, no one has been made accountable for the supposed worst nuclear disaster since the 1986 Chernobyl.

A relative (front) of a passenger of Malaysia Airlines flight MH370 cries as she walks past journalists at a hotel in Beijing March 9, 2014. The Malaysia Airlines Boeing 777-200ER aircraft carrying 227 passengers and 12 crew was presumed to have crashed o

Malaysia Airlines Flight MH370: Wife of Kiwi Passenger Prays for Miracle, Air New Zealand Still Believes in Safety Features of Boeing 777s

Paul Weeks was headed to Mongolia to pursue his "dream job" in what he believed will help him provide comfortably for his family. His wife Danica is praying for a miracle that could still come true. Mr Weeks is one of the 239 passengers now part of the missing Malaysia Airlines Flight MH370 that went out of the radar over the weekend and disappeared over the South China Sea.

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