AUSTRALIA

Asia Stocks Slip As Euro Zone Fears Focus On Spain

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Asian shares slipped on Tuesday as a post-Greek election relief rally quickly ran out of steam, with rising Spanish and Italian bond yields signaling that European leaders still have much to do to contain the euro zone debt crisis.
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IMF and U.S.

G-20 Preview: Big Bucks From BRICs For More IMF Influence

Something strange is going to take place next week at the G-20 summit: Europe, long accustomed to sending aid through the International Monetary Fund to developing nations, will pass a collection plate to many of those same countries. But to get such help, which could be as much as $105 billion from four major emerging economies, European nations will have to surrender some control of the IMF.
No. 1 Tokyo, Japan

World?s Most Expensive Cities For Expats In 2012 [SLIDESHOW]

Though rents went down, grocery bills shrank and companies trimmed their workforce after the devastating 2011 earthquake and tsunami, Tokyo edged past Angolan capital Luanda to become the world?s most expensive city for expatriates in Mercer?s 2012 survey.
Google

Google Faces Antitrust Complaint In India For Possible Unethical Practices

Google was targeted for unethical and anti-competitive business practices once again when a non-profit organization working on public interest issues filed a complaint against the search engine giant with the anti-trust body, Competition Commission of India (CCI), Friday. This comes at a time when Google India is already facing a formal probe on a similar complaint filed by an Indian matrimonial site.
Karl-Friedrich Strack, head of General Motors unit Opel

Opel Praying For 600% Sales Increase In China

Adam Opel GmbH, an aging European subsidiary of the General Motors Co. (NYSE: GM), is hoping Chinese sales will be a panacea for miserable performance in the European market.
Apple iOS 6: Features We Hope To See Unveiled At WWDC 2012

Apple iOS 6 Release At WWDC 2012? Banners For New OS Emerge In San Francisco

Apple is expected to unveil a ton of new products next week at the 2012 Worldwide Developers Conference (WWDC) in San Francisco, but on Friday, Gadget Lab tweeted a picture from Wired's Roberto Baldwin of a banner put up in Moscone West, one of the WWDC event locations, which showcased iOS 6: The world's most advanced mobile operating system.
ECB President Mario Draghi leaves the European Council headquarters after a night of negotiations at a European Union summit in Brussels

Are We Moving Towards Coordinated Central Bank Easing?

Without a stronger effort by the central banks -- in the form of a coordinated quantitative easing measure to correct the ailing European banking system -- the global economy (at best) will only limb along.
Apple iPad 5 Rumors

Apple Settles Over New iPad '3' Advertising In Australia, Pays $2.25 Million For Misleading '4G LTE' Ads

Apple has been officially reprimanded over its misleading advertising in Australia of the term 4G for new iPad 3. No considerable penalty here: According to The Australian, Apple has agreed to a $2.25 million settlement in Australian courts after the Australian Competition and Consumer Commission (ACCC) won a battle alleging the Cupertino, Calif.-based company misled customers about the new iPad's touted features.
Myanmar

Australia Lifts Sanctions Against Myanmar, Increases Foreign Aid

Australia will lift its remaining financial sanctions and travel restrictions against Myanmar, Australian Foreign Minister Bob Carr announced Thursday, citing the southeast Asian country's progress toward democratic reform following decades of military rule.
WWDC 2012 Keynote Live Blog

WWDC 2012 Preview: Apple Expected To Update Every Mac; What About iPhone?

We're just four days away from the start of the 2012 Worldwide Developers Conference (WWDC) in San Francisco, which is expected to be one of the biggest Apple events of the year. A new report says that Apple will introduce as many as 14 new Mac models at WWDC, including desktop computers (iMac and Mac Pro) and laptops (MacBook Pro and MacBook Air), among other products.
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Aussie GDP Data Lifts Sentiment

Australia released its Q1 GDP data at 1.3%, smashing expectations of 0.5% according to a Reuters poll.
6.Melinda Gates: Co-Founder and Co-Chairman, Bill and Melinda Gates Foundation

U.S. Ranks No. 1 In Generosity, Now Let's Give More

Giving is as good for your own soul as it is for the people you help. If you don?t have the cash, do what 43 percent of American?s do -- volunteer to help a non-profit that helps others.
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Untreatable Gonorrhea Spreading Around World: WHO

The emergence of drug-resistant or superbug strains of gonorrhoea is caused by unregulated access to and overuse of antibiotics, which helps fuel natural genetic mutations within the bacteria.

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