Jamelle Agbuis

The food labelling star health rating system endorsed today by Australia's food regulation ministers has the potential to dramatically improve the nation's food supply as well as helping consumers make healthier choices, said the National Heart Foundation of Australia.

Before we launch into today's episode of the Daily Reckoning, a correction from yesterday. In our table of the seven largest Japanese stocks, we incorrectly labelled the share price (in Yen) as market capitalisation. Apologies. It doesn't change the point, though. The point was that in a price-weighted index, a small handful of shares can account for the performance of the index.

Your editor continues to gently pound the table in favour of an Australian energy revolution. Technological advances have made enhanced oil and gas extraction possible all over the world. In practical terms, it means countries that don't have a lot of high-quality easy-to-produce hydrocarbons can still become more energy self-sufficient, if they're willing to embrace the technology.

It is now the turn of the three internet technology giants - Microsoft Corp., Google Inc., Facebook Inc. to go on the offensive against the relentless criticism that they have been facing for being willing partners in providing personal information to the National Security Agency.

At WWDC 2013, Apple Inc. CEO Tim Cook did what this technology giant has always been famous for- setting the industry standards - from presentation to the slew of software updates and revamps, new service products for their top of the line desktop and mobile operating systems.

You might expect to hear from Dan Denning today. So you may be surprised to see me (Kris Sayce) and Nick Hubble manning the stall. I usually spend my time at the Daily Reckoning's sister publication, Money Morning.

In celebration of Superman's 75th anniversary and in time for the next Silver Screen blockbuster Man of Steel, check out this infographic that pays homage to the original son of kyrpton and how much it has grown as a business franchise though the years.

Following on from the opening round in Kuala Lumpur last weekend, Australia's track sprinters continued their success at the second leg of UCI Category 2 South-East Asian Grand Prix Series.

You have to give it to those Japanese. They know how to put on a show. The Nikkei 225 had a lazy 636 point gain on Monday while most Australians enjoyed a public holiday. The gain was good enough for a 4.94% rise in the index. It just goes to show you that those who are determined to ruin the world's financial system have a nearly inexhaustible arsenal of bad ideas.

How about that? The Dow rose 207 points on Friday. Gold down $32 per ounce.

Fidelity analyst Heather Hagerty says a lower Australian dollar is beneficial but the speed of the currency's decline 'is the real problem'. Translation: the lower dollar will be good for mining businesses, industrial stocks, and exporters. But if the currency falls too far too fast, it could accelerate the flight of foreign capital from the country.

If you are still struggling with losing weight while craving the enjoyment of great tasting foods, you may be pleasantly surprised and encouraged by this article.

Though, there remains no ambiguity about Google Inc's acquisition of the navigation tool- Waze App, which is owned by Noam Bardin, the CEO and developer of the navigation app, it may unsuspectingly put Google Inc into some legal trouble.

Sudan on Sunday threatened to put on hold nine security and economic pacts with South Sudan, including one on vital oil shipments, if its neighbour continues its alleged support for rebel groups.

Mr. Bernanke's price-fixing scheme ran over a speed bump. The Dow dropped 216 points. Just a jolt, for now. The brick wall is still ahead.

That's how Fortune's Andy Serwer described Wall Street analyst turned venture capitalist Mary Meeker, in a profile back in 2006.

A growing body of research suggests that not only may vitamin D deficiency be a risk factor for rheumatoid arthritis, it may also make rheumatoid arthritis patients significantly more susceptible to cardiovascular disease.

Several large shipments of genetically-modified (GM) corn and corn seeds originating from the U.S. have been destroyed by the Chinese government after being discovered by import officials at numerous locations across the country.

About 150 years ago, no one did imagine cars. These days no one imagines lives without them. But with omnipresent cars, we have to face the growing number of accidents. Truth be told, accident statistics are inexorable. And if you think that fatal accidents are caused only by drunk or drugged drivers, you are simply mistaken.

As news of the US government premier security agency National Security Agency (NSA) broke, public criticism and resentment against Obama Administration has become more vocal across platforms. Public outrage against the privacy intrusion by Obama Administration has compelled the President, Barack Obama, to defend the surveillance program that was leaked by a government contractor, turned whistleblower Edward Snowden.

It seems that after all US households are getting stronger as newest findings indicated that they got out of the financial crisis woods. As total net worth of US households for the first quarter pleasantly surprised, we should remember that this positive trend was driven by a stronger real estate segment and improving stock market as well. Yet analysts note that many low and middle class households do not feel any improvement at all, facing increasing problems.

The report of the parliament's intelligence and security committee was surely not a thing that was expected by the UK government which will certainly have to excuse its oversights regarding the Huawei-BT deal. Moreover, the report clearly underlined that there were many procedural mistakes while granting the access to British communications network to the Chinese company, including not providing ministers with necessary information about the plans.

Apple Inc. has begun a new program in continuation to its earlier programs to offer latest models to loyal users. Most analysts believe it is also a step to counter the Samsung Electronics Co.'s deluge of latest smartphones and devices.

Tom Lewis signalled a welcome return to form by firing a sparkling 63 in the first round of the Lyoness Open.

It is nothing new that Apple Inc. and Samsung Electronics Co. have been at war with each other for infringing technology patents held by the respective companies, so simply the story, which is full of twists in the plot, continues. Considering that Samsung Electronics Co. provides the processors used in Apple's products, the patent wars are long-drawn and involve a lot of subtle contesting.

Tiger Woods' agent Mark Steinberg has confirmed the world number one is close to signing a new endorsement deal with Nike.

Porsche's former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen.

Australia's economic growth for the three months to 31 March came in at 0.6%, just below expectations of 0.7% growth. The annual rate of expansion slowed to 2.5%, the slowest growth rate since June 2011.

As high as food and gasoline and other basic commodities are across the U.S. these days, they would cost much, much more were the American dollar not the world's reserve currency. Economists have known that for decades.