Erik Pineda

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Iran Intends to Keep the US Spy Drone Captured

It is unlikely that the United States will recover the spy drone it lost to Iran as the Islamic Republic declared on Sunday that it does intend to give up the 'trophy' it painstakingly won last week.

PM Gillard Set to Implement Cabinet Shake-up

Not-so-new and old faces are expected to fill the new composition of Prime Minister Julia Gillard's Cabinet on Monday as reports emerged that the Australian Labor Party leadership plans to implement a reshuffling that would consolidate its position in the immediate months ahead.

Android Breaches 10 Billion App Download Mark

Google is fast catching up with Apple as the tech giant marked this week the 10 billionth download form its Android Market, signalling the dwindling gap between the current dominant App Store and its closest rival.

U.S. Downplays Remarks on China's Rise in Asia-Pacific

The United States has declared that its planned stationing of U.S. Marines in Australian territory was to be taken as its exclusive ties with a long-time ally and not meant to antagonise any country in the Asia Pacific region.

ABARES Forecasts Bumper Yields for Key Australian Crops

It will be an abundant harvest season for Australia, thanks much to perfect weather conditions that the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said should lead to more than 43 million tonnes of yield from most of the country's farming regions.

Will the New RBA Rate Cut Save the Aussie Christmas?

The cash rate push back decided by the central bank on Tuesday would certainly lift some pressures off consumers' shoulders, possibly fueling more shopping activities but not enough for retailers to celebrate a glorious Christmas season.

Swan Appoints New Members to RBA Board

Federal Treasurer Wayne Swan has filled up the upcoming board vacancies in the Reserve Bank of Australia (RBA), naming personalities that experts said know their way on the ins and outs of the financial world.

Qantas to Collect Windfall on Sydney Airport Facelift

Major structural and operational overhauls planned at Sydney Airport stand to deliver much needed cash to Qantas Airways, analysts said, as the airline is set to negotiate for the possible termination of its lease contracts at the terminal premises.

Report: Wireless Net Surfing Reduces Men's Sterility

Too much of cigarette smoking and alcohol intake, according to health experts, reduce men's ability to reproduce and now, gadget usage has been recently identified as another factor in damaging sperm's quality.

Economists Flag New Rate Cut Backs for December

Australian indicators point to a stable economy yet the pressures emitted from Europe may convince the Reserve Bank of Australia (RBA) to implement another rate reduction when its board reconvenes today.

Vintage WWII Bomb Found in West Germany Safely Defused

German authorities announced on Sunday that bomb experts safely defused a huge vintage bomb unearthed last month in Koblenz, a city located west of Germany, as the Rhine River dried up due to the extended dry period that had hit the country.

Rising Tax Cheats Alarm Australia

Despite the tax authorities' high-profile campaign against tax evasion, the country has recorded a 20 percent spike on tax offenses, according to the latest report issued by the Australian Taxation Office (ATO).

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