The head of the Criminal Assets Bureau (CAB) has said that raids on nearly 40 homes and businesses “marks a significant development” in its investigation into the notorious Kinahan crime cartel.

Fiji’s ousted prime minister today said the South Pacific country was sliding toward “the worst kind of dictatorship”, and offered to hold talks with the military regime to find a way to restore democracy as quickly as possible.

Fiji’s military ruler declared a state of emergency today, one day after seizing power, the country’s media has reported.

Fiji’s military commander said today he has taken control of the country from the elected government.

Troops stayed in their barracks as a threatened coup deadline in Fiji passed on Friday, with the country’s defiant military commander enjoying a day at a sporting event while the prime minister left the capital and went into hiding.

Share prices closed the morning lower tracking the overnight falls on Wall Street amid caution in the lead up to the first anniversary of the Sept 11 terrorist attacks next week, dealers said.

Shares prices closed lower in cautious trade, with Wall Street's overnight performance seen as a mere short-term rebound rather than indicating a genuine improvement in sentiment, dealers said.

Chinese computer maker Legend Group has unveiled what it says is China’s fastest supercomputer in a bid to join the elite of computer manufacturers.

Share prices closed the morning lower due to the general perception that the outlook for Wall Street will remain unstable, in spite of its strong gains overnight, dealers said.

Share prices closed the morning lower, pressured by Wall Street's overnight weakness following weak US retail sales data, dealers said.

Share prices were lower after Wall Street's decline, but off their lows with H-shares outperforming, amid general investor caution towards the weekend, dealers said.