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Asia-Pacific stocks struggle for direction; investors watch Alibaba shares after massive fine

Asia-Pacific stocks struggle for direction; investors watch Alibaba shares after massive fine

Shares in Asia-Pacific were mixed in Monday morning trade after the Dow Jones Industrial Average and S&P 500 notched record closing highs on Friday stateside. In Japan, the Nikkei 225 sat near the flatline in early trade while the Topix index rose fractionally. South Korea’s Kospi advanced 0.44%. Stocks in Australia slipped as the S&P/ASX...

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DMX remembered by Snoop Dogg, Justin Bieber and more

DMX remembered by Snoop Dogg, Justin Bieber and more

Hollywood and members of the music industry are mourning the loss of DMX. The acclaimed rapper, known for hits like “Ruff Ryder’s Anthem,” “Party Up” and “X Gon’ Give It To Ya” died on Friday, one week after suffering a heart attack which left him in a vegetative state. “We are deeply saddened to announce...

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Tropical Cyclone Seroja wreaks havoc along WA’s mid north coast, rips apart historic One Mile Jetty

Tropical Cyclone Seroja wreaks havoc along WA’s mid north coast, rips apart historic One Mile Jetty

Tropical Cyclone Seroja has now weakened after leaving a trail of destruction and thousands of residents without power as it hit Western Australia’s coast overnight. Seroja made landfall south of Kalbarri at 8pm on Sunday as a category three storm, bringing wind gusts of up to 170 kilometres per hour. The fast-moving storm tore roofs...

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‘No doctor need worry’: Hunt alleviates fears over AstraZeneca litigation

‘No doctor need worry’: Hunt alleviates fears over AstraZeneca litigation

Doctors have been reassured they are protected by law if a patient experiences an adverse reaction to the AstraZeneca vaccine. Health Minister Greg Hunt says the legal advice from the Morrison government is general practitioners will be protected from unreasonable legal action over possible AstraZeneca side effects. “No doctor need worry,” he said. His comments...

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Prince Philip, 99, the Duke of Edinburgh has died, Buckingham Palace announces

Prince Philip, 99, the Duke of Edinburgh has died, Buckingham Palace announces

Prince Philip, Queen Elizabeth II’s husband, has died aged 99, Buckingham Palace has announced. The prince married Princess Elizabeth in 1947, five years before she became Queen, and was the longest-serving royal consort in British history. The couple had four children, eight grandchildren and 10 great-grandchildren. A statement from Buckingham Palace said: “It is with...

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Should firms be more worried about firmware cyber-attacks?

Should firms be more worried about firmware cyber-attacks?

Computing giant Microsoft recently put out a report claiming that businesses globally are neglecting a key aspect of their cyber-security – the need to protect computers, servers and other devices from firmware attacks. Its survey of 1,000 cyber-security decision makers at enterprises across multiple industries in the UK, US, Germany, Japan and China has revealed...

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Morrison government cautions against a major increase in Australia’s minimum wage

Morrison government cautions against a major increase in Australia’s minimum wage

The Morrison government has cautioned against a major increase in Australia’s minimum wage, citing concerns about job creation. In a submission to the Fair Work Commission’s annual review, the government notes a continuing uncertain global and domestic economic outlook. “Higher labour costs during this challenging period could present a major constraint to small business recovery...