AUSTRALIA

Apple Event Confounds Predictions; When Will iPhone 5 Arrive, Finally?

Apple CEO Tim Cook speaks about the iPhone 4S at Apple headquarters in Cupertino, California
Apple Inc.'s Let's talk iPhone event on Tuesday wound up as a Let's Keep Guessing About iPhone 5 event, with Tim Cook showcasing just an improved version of the iPhone 4, dubbed the iPhone 4S, rather than the much talked-about new phone with a revolutionary design and a larger display.
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Speeding universe work wins Nobel

The astounding discovery that the expansion of the universe is speeding up won the Nobel physics prize on Tuesday for three astronomers whose observations of exploding stars transformed our view of the world, and of how it may end.
Brian Schmidt

Faster expanding universe work wins physics Nobel

The astounding discovery that the expansion of the universe is speeding up won the Nobel physics prize on Tuesday for three astronomers whose observations of exploding stars transformed our view of the world, and of how it may end.
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Apple iPhone 5 Release: Samsung Getting Ready with Legal Weapons

Only a couple of hours left for Apple Inc.'s Let's talk iPhone event where the company is expected to launch its most awaited iPhone 5 and a cheaper version of iPhone 4 (iPhone 4S). But it doesn't appear to be a smooth sail for iPhone 5 in Korea since Samsung is getting ready with all the legal weapons it has got to block iPhone 5 sales in that country.
Copper

CME Raises Margins on Platinum, Copper

The CME Group raised trading margins on platinum and copper futures, hoping to tame volatility in products that have fallen sharply as markets witness what is turning out to be the worst rout since the 2008 financial crisis.
A Twitter page is displayed on a laptop computer in Los Angeles

Using Twitter for Research Reveals Trends in Global Sentiment

Cornell University scientists in New York have just completed a social behavior study focusing on Twitter. Published in the journal Science, the research was based on a two-year period of observations recording 509 million tweets from 2.4 million users. Scientists gathered participants from 84 different countries to determine whether there were any trends or correlations to people's moods across regions.
Samsung Galaxy Tab 10.1 Gets Release Date Alongside Apple iPad 3 ‘Leak’

Apple Rejects Samsung Offer; Legal Battle on Patents Continues

South Korea-based Samsung Electronics Co.'s hopes of launching its Galaxy range of tablet computers in Australia, for the Christmas holiday season, suffered a big blow on Tuesday, when rivals, California-based Apple Inc. refused its offer to settle the legal dispute on tablet technology.
India's food inflation rate slackened in mid-May, after picking up pace for two weeks, giving the Reserve Bank more leeway to hold rates until its July review and gauge the impact of euro zone debt woes on the domestic economy.

Food, Fuel Price Falls Stir Asia Inflation Concern

Anyone hoping that recent falls in commodity prices would provide a boost to powerhouse Asian economies and help lift the developed world out of recessionary danger will be disappointed. The region's focus remains firmly on inflation.
Demi Moore and Ashton Kutcher

Ashton Kutcher and Demi Moore Get Spiritual Amid Breakup Rumors

Last year, when there were rumors of Hollywood star couple Ashton Kutcher, 33, and Demi Moore, 48, breaking up, the couple was seen making a religious trip to Israel. This time around, amid yet more rumors of a break-up, the couple was spotted attending a spiritual session at the Kabbalah Center in Los Angeles, on Friday, together, according to a report on Allvoices.com

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