ECONOMY

Australia Approves Mobile Roaming Rules, Costs

The Australian Communications and Media Authority (ACMA) has released a set of draft rules directing the country's various telcos to inform consumers of exact mobile costs and charges while roaming overseas.
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China’s Trade Disappoints in November as Overseas Demand Drops

China's exports increased in November slower than initially estimated, with growth in imports dropping to zero, the government said on the 10th of December. Data is certainly a cold shower after weekend results which suggested that the world's second economy is recovering from a slowdown.

Australia Police Warns on Using Those iPhone, iPad Apple Maps

So you are a tourist who has an iPhone that is most probably equipped with Apple Maps. And then you got lost somewhere in Australia. Of course your first recourse would be to locate your whereabouts in the resource-rich nation through Apple Maps. But Australian police warned better notdepend on Apple's new iPhone mapping system or risk experiencing the same fate of motorists who got lost after relying on the glitch-filled app.

Apple to "Repatriate" Some Production back to U.S. from China

Tech giant Apple Inc will invest nearly $100 million next year in order to shift a small proportion of its production capabilities back from China to the United States, announced its chief executive Tim Cook on Thursday, in a move widely seen as a high-profile test of American manufacturing competitiveness.

Mastercard Reveals Key to Aussies Retail Patronage

Australians would most likely patronage or buy items sold locally, such as gadgets, if only they were priced cheaper than counterparts sold overseas, a study by MasterCard released on Friday showed.

Capitalist Dystopia in the USA

When investors are fearful, they look to hedge their portfolios by buying 'insurance' that will protect them if the market falls.

ACCC Australia Introduces Receipts App in Time for Holidays

With Christmas Day only two weeks away, all the hype that goes with the season, including retailer selling and shopping, are expected to go all the more excitedly grueling in the coming days. And as Australians try to find that perfect gift either for one's self or for friends and loved ones, they may be too busy to notice purchased items void of receipts.

India Sees GDP Growth Slow to 5.3%

On the 30th of November, the ministry of statistics informed that India saw GDP growth slow to 5.3 percent in the quarter ended in September. The economy of India slowed more than analysts initially expected. It is likely that the Asia's third economy is to see its worst year in a decade as analysts underline the importance of implementing difficult reforms that could revive the economy of India.

Australian Hospitals Now to Use Automated Robots

Australian patients and their caretakers better start getting used to having some of their hospital requirements served by an automatic guided vehicle (AGV), with the Royal North Shore Hospital in New South Wales the very first to engage the modern technology.

Australian Flight Attendants Wants Standardization of Carry-On Luggage Regulations

The Flight Attendants Association of Australia (FAAA) has called on the national government to standardise the prevailing regulations of the airline industry's carry-on luggage to ensure the safety of both flight attendants and airline travellers, as well as prevent undue delays brought about luggage traffic on departing flights.

Queensland Govt Pushes Through Closures of TAFE Campuses

The state government of Queensland has finally approved to push through with the closures and sale of some 13 empty TAFE (Technical and Further Education) Campuses, while another 12 are being planned to be combined the Central Queensland Institute of TAFE and the Central Queensland University.

Secession Fever in the USA

America succeeded largely because it was a single, centralised nation... one of the largest, richest landmasses in the world... populated by one people. No trade barriers kept the Indianans from selling to the Texans.

People Exposed to Bondi Beach Red Bath Could Be At Risk

When the waters of Bondi Beach turned tomato red on Tuesday morning due to some "algal" infection of the waters, it elicited two types of reactions from the people who witnessed it. One was fear. But the others who were more hard-core adventurous, took a dip into the red waters. Now health authorities are worried those who swam in the infected waters could be at risk.

The Thanksgiving Gift from the Feds

No group had more to be grateful for this Thanksgiving in America than the few people at the top of the pile. Over the last four decades, their wealth has soared...thanks largely to the feds.

Australian Dollar Outlook - 28 November 2012

Bell FX Currency Outlook: The Australian Dollar is steady, after markets in the US and Europe cautiously welcomed a bailout deal reached by the ECB/EU/IMF, on Greek loans and some better-than-expected US economic data.

Swiss Economy Most Competitive in the World

The economies of the world’s nations are ranked by the World Economic Forum (WEF) in terms of how competitive they are, releasing the results in a yearly Global Competitiveness Report.

Why the Worst is Not Over For China’s Economy

Yesterday HSBC released its 'flash' PMI estimate of manufacturing activity in China's economy. It rose to 50.4 in November, up from 49.5 in October. For the first time in 12 months, China's manufacturing sector expanded!

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