POLITICS & POLICY

China Manufacturing Data Boosts Australia Shares

Australia's benchmark S&P/ASX 200 inched 0.5 per cent at 0347 GMT at 4813.1, boosted by news from its major trading partner China which was reported to have yielded a growth in its purchasing managers index for the month of January.

Australian Consumer Groups Call for Change in Food Labelling

"Made in Australia." "Australia made." "Manufactured in Australia." "Australian owned." Just some of the food labels Aussies routinely encounter in the groceries and supermarkets. While some people may not even give a damn on these labels, but to Australian consumer group Choice, it is important that Aussies know exactly from where the food they just picked and will eat later, came from.

Australia Seeks Partners to Develop Massive Trillions Worth Oil Find

Australia, known for its huge minerals and metals resources, is seeking partners to develop the massive shale oil, believed to be worth more than $20 trillion, that one of its miners discovered in South Australia, which could essentially propel the country Down Under to become one of the most important global players in the oil sector.
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Prince Harry Prefers a Soldier's Life Than a Royal Heir

If Prince Harry would have his way, assuming he had the tremendous freedom to go with it, he would always choose life as that of being an army soldier over that of being a British royal.

Global Markets Overview - 23 January 2012

Stocks reversed earlier losses and looked to extend last week's multiyear highs, as investors monitored corporate earnings and the White House said President Barack Obama won't block a debt-ceiling extension. The Dow Jones Industrial Average rose 43 points, or 0.3%, to 13693 in midafternoon trading Tuesday, recovering from a morning drop of as much as 27 points

Bill Clinton Photobomb of Kelly Clarkson and Other ‘Ruined Moments’ [PHOTOS]

The Bill Clinton photobomb of Kelly Clarkson has gone viral across social networks. But there has been no proof of intention, or lack thereof, to ruin "a moment like this." The still image was grabbed from a video footage of President Barack Obama's inauguration on Monday. Meanwhile, the Obama couple and kids also have their own photobomb on Reddit.

Australian Dollar Outlook - 23 January 2013

Bell FX Currency Outlook: The Australian Dollar has moved higher after the Bank of Japan announced further stimulus measures designed to further weaken the JPY in the future.

U.S. Ought to Pay for Damage Caused by Navy Ship to Philippines’ Tubbataha Reef

Whether the crew onboard the USS Guardian deliberately ignored the "no navigation" warnings surrounding the area of the Philippines' Tubbataha Reef or it relied on wrong map navigational data, what's certain is that the U.S. government still ought to pay for the damages its Navy minesweeper caused on the World Heritage-listed coral reef.

US First Lady Michelle Obama Rolls Her Eyes at House Speaker John Boehner [VIDEO]

A video quickly went viral that shows US First Lady Michelle Obama rolling her eyes at something that House Speaker John Boehner said to President Barack Obama during the inaugural luncheon on Monday. The audio could not be clearly heard to determine whether Michelle Obama’s eye roll was only a reaction to John Boehner’s joke.

10 Obama Memes, 3 Parodies to Mark U.S. President’s 2nd Term Inaugural

Like his first term inauguration rite in 2009, the Monday public oath of office swearing ceremony by U.S. President Barack Obama attracted hundreds of thousands of Americans. The timing and location of the second-term inaugural rite was not lost on meme makers.

Global Markets Overview - 22 January 2013

U.S. markets were closed Monday for Martin Luther King Jr. day. European stocks nudged higher after Germany's central bank delivered an upbeat assessment of the country's economic outlook, but moves were muted with Wall Street closed for a public holiday.

Australian Dollar Outlook - 22 January 2013

Bell FX Currency Outlook: The Australian Dollar has traded in a very narrow range overnight as US markets were closed for the Martin Luther King Jr. holiday.

China Races to Control Smog Pollution

In a race to control and manage its worst yet smog pollution for the year 2013, China's lawmakers have targeted to slash the number of vehicles and close down factories during polluted days, as well as bar outdoor barbecue rituals. Residents, however, remain indifferent to the measures.

Online Predators Warned with Tougher Laws

Nick Xenophon, independent Senator for South Australia, is bent to make online predators not only stopped in their tracks in luring young women into their traps, but also to be meted the full penalty of the law.

Global Markets Overview - 21 January 2013

A broad rise in U.S. stocks revved up in afternoon trading Thursday, following talk of additional central-bank stimulus from Japan and a pair of encouraging U.S. economic reports. The Dow Jones Industrial Average rose 94 points, or 0.7%, to 13605. The Standard & Poor's 500-stock index added nine points, or 0.6%, to 1482.

Australian Dollar Outlook - 21 January 2013

Bell FX Currency Outlook: The Australian Dollar has weakened slightly in Friday's night trade and opens up this morning around the 1.0500 level.

10 Years After the 2003 Canberra Fires

As fires continued to burn to the north and south of the capital of Australia on Friday, those who lived through the horrors of the 2003 firestorm which killed four and destroyed 500 homes as well as injured hundreds of people in Canberra paused to remember the fear and lessons of survival and love that poured in 10 years ago.

Australian Dollar Outlook - 18 January 2013

Bell FX Currency Outlook: The resilient Australian Dollar has opened the day's trade in the mid-1.0500's once again after poorer jobs data yesterday in Australia pushed the AUD below 1.0500 overnight. A higher Chinese GDP set to be out today is deemed to push the AUD higher.

Russia Firms Up into Law Prohibiting Americans from Adopting Russian Children

Angered by President Obama's actions when he signed into law a decree that punishes Russian human rights violators, Russian President Vladimir Putin retaliated by signing a bill that bars Americans from adopting Russian children. The tirade has left caught in the middle some more than 50 Russian children who were about to go on adoption by American families.

Global Markets Overview - 17 January 2013

A drop at Boeing weighed on the Dow Jones Industrial Average, while strength in Apple and the technology sector lifted the other major U.S. indexes into positive territory. The Standard & Poor's 500-stock index gained one point, or 0.1%, to 1473, while the Nasdaq Composite added 10 points, or 0.3%, to 3120. The Dow Jones Industrial Average declined 25 points, or 0.2%, to 13510 in Wednesday afternoon trading, following five days of gains that pushed the index to within 1% of its highs from la...

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