After 18 long months, state teachers at Victoria have finally clinched a deal with the government, entitling them to a pay rise of between 16.1 to 20.5 per cent over three years. About 45,000 state teachers are expected to benefit.
Fears further escalated that the new avian influenza A H7N9 may indeed be transmitted through human contact after the World Health Organisation (WHO) declared that some of those currently infected in China did not have had any contact at all with poultry.
The death toll from the new avian influenza A H7N9 in China has now reached 16, with the number of infected people likewise rising to 77 cases, all in just two weeks' time.
The latest data on the China's economy saddened analysts as figures showed that GDP growth in the first quarter of the year was lower than initially anticipated. Economists ask themselves whether that means that global expansion is slowing down.
Pope Francis has made his yet most radical move in his one-month tenure as the 266th supreme spiritual pontiff when he created over the weekend an eight-man advisory panel to check and review the efficiency and perhaps debate the existence of the Roman Curia.
With its booming population as well as thriving economy, China dominates Forbes Magazine's list of top 12 fastest growing cities in the world. However, the city that topped the list was Karachi in Pakistan.
Commuters in New South Wales will soon be able to review their emails and be online their social networking sites while on transit to work or school.
The new avian influenza A H7N9 virus gripping China has spread out to other parts of the country, yet disease experts continued to downplay an outbreak, claiming it still "is nothing out of the ordinary."
Ahh, St Kilda, we're going to miss you. From Monday, Daily Reckoning headquarters moves to salubrious Middle Park. It's a slight shift from the grunge and grime of Fitzroy Street.
Infosys Ltd sadly let down markets and analysts with its forecast for the new fiscal year began April. Concurrently, the India's No. 2 services exporter released its data on the fourth quarter showing that its quarterly profit climbed about 3.4 percent. The news was not welcomed by markets as stock prices drastically dropped after the statement.
The Bank of Japan's pledge to invest in long-term bonds in the next two years is seen by many as a 'new phase of monetary easing.' This policy is in continuation of the Japanese Prime Minister's aim to reverse nearly 15 years of deflation.
The U.N.'s Food and Agriculture Organisation (FAO) has expressed concern the new avian influenza A H7N9 virus could spread outside China and potentially infiltrate the rest of the world.l
After much rumour explosion, Australian tech start-up We Are Hunted has confirmed it had been bought by social media giant Twitter, as the latter prepares to launch its music app this weekend.
China's financial centre Shanghai has confirmed it will start its carbon emissions trading this coming month of June. Although no specific date was provided, it made sure the system will be up and running before the month ends.
For as long as your internet is connected to servers, webcams, printers, routers and all the other stuff, you can pretty well imagine Shodan has seen its content and presumably accessed it. Suffice to say, the Internet technology has gone creepier by the minute.
Cancer has become the leading cause of deaths in China's Beijing, and by 2020, from 2.5 million annually, the cancer-related deaths in the world's second-largest economy will balloon to 3 million per year.
You think you got lucky plucking out those giant, supersized crabs from the ocean. Think again. Those oh-so-delicious crabs didn't get to that size because they were healthy. They got big thanks to the carbon dioxide (CO2) and other toxic emissions that come out of the world's too many power plants, factories and vehicles that settle in the ocean.
They don't make them like they used to. Margaret Thatcher died yesterday aged 87. As Prime Minister of Britain from 1979 to 1990 she transformed the British economy and reasserted her country as a major global power. She did this by loosening the State's grip on the British economy, which by the time she took power had degenerated into the 'Winter of Discontent'.
International transatlantic flights are inclined to face more and nastier experiences of turbulence as carbon dioxide emissions continue to rise and render alterations to the global weather phenomenon.
Australian doctors have advised residents, particularly the very young and the elderly, to already have their shots as they forecast a severe flu season for this winter.
As the number of deaths due to the new avian influenza A (H7N9) reached seven in China, a member of the country's People's Liberation Army (PLA) has said the current health scare now gripping the world's second-largest economy is but a scheme planted by the United States.
Facebook has started rolling out a paid messaging service in UK, charging users from a low 71p to as much as £11 to send messages to people outside their circle of friends. The highest rate is afforded when touching base with celebrities, depending on how famous they are.
Controversial former Prime Minister of Britain, Margaret Thatcher, dies at the age of 87 after a massive stroke.
How much will this deficit numbskullery by the Australian government cost investors? That's the question we left off with in yesterday's Daily Reckoning. Today we provide the answer: about 30%, give or take.
Well here we go. Japan is once again boldly leading the way into the undiscovered monetary country. Desperate to engineer faster economic growth by any means necessary, new Bank of Japan (BoJ) governor Haruhiko Kuroda announced his attention to double Japan's monetary base to around $3 trillion by the end of 2014.
A week after the nation was first reported to be suffering from what could be a pandemic, China's stocks have been hit, slumping 10 per cent versus the high posted in February, as the number of infected rose to 21 on Sunday.
The Australian Securities and Investments Commission (ASIC) has ordered the Bank of Queensland to refund a total of $12 million to some 6,000 customers following the over computation of interest on home loans due to a system error.
Train commuters coming from the northern side of Sydney going into the central district and vice versa have been advised to squeeze in extended time in their travel itineraries after the Newcastle and Central Coast Lines got partially closed due to "urgent overhead wiring repairs."
It takes an economist to say something so stupid that the whole world is dumber for having heard it. Put a group of economists together and ask them what they think about government spending and you get a colossal stupidity that instantly makes the whole nation stupider.
The U.S. Centers for Disease Control and Prevention (CDC) has started working on a vaccine for the avian influenza A (H7N9) now gripping China, which has so far claimed five lives on Thursday. The number of people infected have likewise risen to 14 cases.
