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Philippines swimming in rice
THE world's biggest rice importer, the Philippines, is now "swimming" in the staple grain because of massive imports.
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Kiwi iPhone launch labelled 'epic fail'
HUNDREDS of New Zealand customers turned away empty-handed in "nightmare" Apple iPhone 4 launch.
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Telstra hit with $170m impairment charge
TELSTRA says it will incur a non-cash impairment charge of $170 million on the carrying value of its Hong Kong-based mobile phone telco CSL New World.
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Dollar ends week on a high
THE dollar closed higher on today ahead of expected weak economic data from the United States.
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Shares close lower on broad falls
THE sharemarket has suffered broad-based falls, as investors offload risk ahead of the weekend.
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'Playing more sport boosts economy'
THE Australian economy could be $12 billion a year better off if more people played sport, a national conference has been told.
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Timberlake brings sexy back at Target
SEXY Back
singer Justin Timberlake is launching an exclusive clothing line for US department store Target.
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Brothers in $612m insider trading case
BILLIONAIRE brothers made $612 million during 13-years of insider trading, US authorities say.
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Lawsuit seeks $33m from Madoff family
A TRUSTEE trying to recover billions of dollars lost by Bernard Madoff sued three entities overnight for more than $33 million.
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Mobile broadband to skyrocket - experts
THE uptake of mobile broadband will surge over the next five years, experts say.
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