POLITICS & POLICY

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One Dead in NZ Shark Attack, Police Open Fired

A man aged 40s has died in New Zealand after a shark attacked him while swimming off Muriwai Beach, about 40 kilometres west of Auckland. However, police said they open fired at the shark from a boat and witness accounts said they were actually two sharks hovering at the time. Investigations are now being made if the man was indeed killed by which shark or by the bullets that flew from the cops' guns.

Global Markets Overview - 27 February 2013

The Dow Jones Industrial Average gained 108 points, or 0.8%, to 13893 in afternoon trading, reclaiming about half of Monday's 216-point tumble, which was triggered by Italian election results that ushered in political uncertainty.

Australian Dollar Outlook - 27 February 2013

Bell FX Currency Outlook The Australian Dollar continued its weak tone overnight as no clear result occurred in the Italian election and Fed President Bernanke testified before a US Senate committee.

Gold Up on China Demand

Prices of safe haven yellow metal gold rose to $1,598.55 an ounce, or as much as 0.3 per cent, at 11:25 a.m. in Singapore on increased from China even as the country continued to produce more gold within its confines.

Global Markets Overview - 26 February 2013

Blue-chip stocks headed toward their third decline in four sessions as Italian election exit polls raised fears the country might abandon austerity measures. The Dow Jones Industrial Average lost 64 points, or 0.5%, to 13937 in midafternoon trading Monday.

How Obama Really Got Elected

Prior to the November elections, Republican efforts to overhaul voter identification laws, according to the White House, congressional Democrats and most of the mainstream media, were nothing more than thinly veiled attempts to prevent legal Americans (especially minorities) from voting.

Cyclone Rusty Intensifies: Western Australia Brace for the Worst

Residents in Western Australia have been advised to take cover as Cyclone Rusty intensified on Monday to become a Category 2 storm. The development has forced the closure of major iron ore ports in the region, essentially derailing exports of the steelmaking key ingredient. Iron ore prices are likewise forecast to spike in the world market.

Barbecue Days are Numbered in China

Barbecue-related activities and cooking in open stoves in public, densely-populated places in China would soon be prohibited to limit the smog but could be a bane to street food hawkers and vendors.

Could William Shorten be Australia’s Next Prime Minister?

Majority of Australians believe that the September national election would be a contest between the Coalition and the Australian Labor Party. Which party would get a majority vote would determine who would be Australia's next prime minister.

Global Markets Overview - 23 February 2013

Stocks continued to sink midday, after reports of manufacturing pullbacks in the U.S. and Europe piled on top of investor concerns over the possibility of an earlier-than-expected end to the Federal Reserve's stimulus programs.

Australian Dollar Outlook - 23 February 2013

Bell FX Currency Outlook:The Australian Dollar hit a 4-month low in early morning trade due to a number of issues which has dampened recent market confidence, but did find support at this key level.

NSW Advised to Brace For Wet, Wet Weather and Floods

Residents in towns located across northern NSW have been advised to brace for a wet weather on Thursday evening going towards Friday morning in what could also potentially result to floods, according to the Bureau of Meteorology (BoM).

Australian Dollar Outlook - 21 February 2013

Bell FX Currency Outlook: Australian Dollar tumbles in morning trade as the U.S. established gains with the Federal Reserve minutes showing concern that more quantitative easing might be needed.

If There's Something Weird In Your Neighborhood Who You Gonna Call? Facebook?

Probably nobody by now would question the effectiveness of social media networking site Facebook when it comes to locating missing people or raising charity for people or organisations in need. Yet this proven efficacy took another dimension for a mother who was contacted by local police of her son's death through Facebook.

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