Christine Gaylican

The sovereign wealth fund of Australia has sold out its holdings in mine and ammunition makers as the country prepares a treaty that will impose a ban on deadly weapons manufacturing and stockpiling.

Sony has admitted and confirmed that some of the credit and debit card data on its PlayStation Network for videogame players were stolen. Therefore, customers must take action in checking their accounts with their banks.

Business lending is on the rise in Australia, according to figures from the banking regulator, but an industry expert said the data for March is yet to be indicative of the prevailing trend

The death of Al-Qaeda leader Osama bin Laden should also serve as a warning to the United States and its allies as this can open more attacks of terrorism, therefore, more vigilance should be practiced by citizens world-wide, President Barack Obama said in his televised address.

Australia's internet service providers are wary that the planned National Broadband Network (NBN) may push up their prices much to the dismay of customers.

Macquarie Group Ltd. (ASX:MQG) is optimistic that with better market conditions, the second half of the year would bode well for its businesses particularly for Macquarie Securities and Macquarie Capital.

Australia has agreed to intensify military cooperation with China, in a bid to boost ties, Prime Minister Julia Gillard said today.

Apple Inc has denied reports that the company installed a tracking device on its iPhones to know the locations of users.

The higher-than-expected inflation rates in Australia gives the central bank more reason to increase interest rates, analysts said.

Australia's Prime Minister Julia Gillard has remained firm on her North Korean counterpart's military programme especially its nuclear weaponry.

Sony Corp has warned its 75 million PlayStation Network and Qriocity online service customers to check their credit card accounts as some important credit card data such as billing addresses and other personal information may have been stolen by a hacker.

The public is asked to join in the naming of China's first space station set for launch in year 2020.

Australian Prime Minister Julia Gillard is walking on tight rope as she pursue both trade and diplomacy issues in China as she meets her counterparts Prime Minister Wen Jiabiao and President Hu Jintao today.

Beleagured Japanese firm Tokyo Electric Power Co (TEPCO) has announced that it will impose salary cuts of as much as 50 percent on top executives and about 20 percent on staff as it copes with the growing financial woes from its Fukushima Daiichi power plant.

Governments in the Asia-Pacific Region have admitted ballooning problems encountered among its tech savvy citizens.

Singapore commodities giant Olam International Limited has announced that it has notified NZ Farming Systems Uruguay Limited (NZFSU) of its intention to increase its equity in the company with the offer of NZ$0.70 per share for all of the shares in NZFSU totalling 22 percent.

Australia's proposed $230-million rare earths production facility in the Pahang state in Malaysia needs further environmental assessment, the Malaysian government said.

Staying focused on your daily work to meet deadlines is no mean feat for business owner Ms Kellie Hill, owner and principal consultant at Australia's KHC.

Australia is on track of an unprecedented mining boom, the country's Treasurer Wayne Swan in the Mining Weekly publications.

Brazilian steel maker Cia Siderurgica Nacional SA (CSN) has accepted Rio Tinto Ltd's $3.9-billion takeover offer for the Africa-focused coal miner Riversdale Mining Ltd.

Singapore's Tiger Airways' subsidiary in Australia has received a warning from the air safety regulator because of some concerns on its maintenance and flight trainings.

Australia's Jetstar is preparing to file legal action against the Sydney Airport for its security lapse and causing flight delays and thousands of passengers stranded.

Australia's natural gas assets are being targeted by China's national oil companies this year, according to energy consultancy firm Wood Mackenzie.

Google Inc has to deal with the increasing salaries of employees and staff that could further erode strong financials if it does not make the most of advertising revenues from video and display advertising, analysts said.

Renewable energy company CBD Energy Ltd's (ASX: CBD) first joint venture project with its new Chinese partners will finalise its very first 100 megawatt wind farm in Australia this week.

BHP Billiton is seeking government approval for a planned expansion of its Port Hedland operations in the Pilbara Region that would would double its current iron ore output in the medium term.

To revive the sagging Hong Kong pornography industry, a film maker has introduced its first ever erotic film in 3D, hoping that the digital rendition will draw more viewers to the cinemas.

Ford Motors Australia has announced that it would cut down 240 jobs at its Victoria plant as demand for larger oil-guzzling cars had been down.

The global economy would soon be heavily influenced by the movements in the economies of China and India, Reserve Bank of Australia Governor Glenn Stevens said in a speech in New York on Wednesday night.