Australia's economy staggers in Q1
Australia's economy has been hit by a decline in exports in the first quarter that would have likely pulled down the country's domestic growth-the biggest detraction since 1959.
Australia sets to go fully digital by 2020
Australia envisions becoming a world-leading digital economy by the end of the decade by fully realising the benefits of the National Broadband Network (NBN).
Scientists urged Japan, TEPCO to act fast
Japan can avoid turning the affected Fukushima Prefecture into a dead zone by immediately applying chemicals and planting radiation-absorbing plants at the contaminated soil, scientists said.
Australia's business group favours carbon price tag at A$10 per metric ton
A gradual implementation of the carbon tax is the favoured scheme of industry groups led by the Business Council of Australia.
IAEA studies Australia's proposed rare earths plant
The Malaysian government has announced that an independent investigation on the planned rare earth facility by an Australian company is now being conducted to fast-track the report by next month.
Glencore out to beat rivals with IPO
Glencore International Plc's debut in Hong Kong has been graded the world's biggest initial public offering this year that could lure other investors from its competitors with its size and market value, analysts said.
China's growth hampered by inflation risks
China's economic growth is seen hitting a lower target of 9.4 percent, Goldman Sachs Group Inc. said in its latest note to clients Tuesday as Premier Wen Jiabao's efforts to curb rising inflation will impact on domestic growth.
Australia's Online Retailer Gets $80M Investment
Australia's James Packer's Consolidated Press Holdings, Seek co-founder Andrew Bassat and American hedge fund Tiger Global have invested some $80 million in online retail giant called Catch of the Day.
Greenpeace warns of China-made toys
Environment group Greenpeace has warned consumers of the possible dangers pose by children's toys made in China because of the high percentage of a harmful chemical found in them.
Qantas flight makes emergency landing
A Qantas flight from Thailand to the UK has been forced to return to the Bangkok airport after one of its engines broke down after take-off.
IMF comes up with ethical guidlines for officers and staff
Within the same day that its managing director Dominique Strauss-Kahn filed his resignation from the International Monetary Fund, the institution came out with its own official list of code of conduct for its officers and employees to follow.
US lawmakers want more on Sony data theft
Lawmakers in the U.S. asked Japanese firm Sony Corp. for additional information about an attack that exposed more than 100 million customer accounts to hackers, an event its chief executive officer described as a 'hiccup.'
Truth on 'god's particle' to be revealed
Nuclear physicists have announced that that by the end of 2012 they could determine whether a theorised particle called the Higgs boson, which has unleashed a gruelling decades-long hunt, exists or not.
Moderate wage increases seen in Australia
Moderate wage increases in Australia's states have temporarily eased the pressure on a planned interest rate adjustment by the Reserve Bank of Australia (RBA) next month.
China's new rich folks growing
The widening social gap between the rich and the poor is clearly emerging in China as plans to make a private elite club comprised of the new rich has been revealed in reports on Chinese dailies in Beijing.
National campaign begins vs Australia's planned anti-smoking law
Leading manufacturer British American Tobacco Australia (BATA) on Tuesday launched a national media campaign against the Federal Government's proposed plan to impose plain packaging on cigarettes that could harm marketing and sales.
IMF leadership in disarray
The leadership of International Monetary Fund is now in disarray with the arrest and detention of managing director Dominique Strauss-Kahn by the New York City police.
Aussie dollar gets a boost as economy goes on track
The Australian dollar jumped and recovered its four-day loss as an impact of the Reserve Bank's hint that benchmark rates may soon rise up at some point.
Australia's RBA: Higher interest rates maybe appropriate soon
Australia's Reserve Bank has hinted that higher interest rates maybe inevitable to contain the jump in consumer prices, authorities said.
Sony Playstation back online In US, EU
Japan's Sony Inc has resumed the partial operations of its leading PlayStation Network and Qriocity entertainment services in the U.S. and Europe after more than three weeks that they were attacked by hackers, the company said in a statement.
Taliban Threatens the US after Bomb Kills 73 in Pakistan
The United States has been threatened by members of the terrorist Taliban army after their first retaliatory attack since the death of al-Qaeda leader Osama Bin Laden.
Lady Gaga Invades Zynga's Farmville
American pop star Lady Gaga has invaded the virtual farms of Farmville and has her own GagaVille to promote her singles included in her album "Born This Way," online games producer Zynga has announced.
Rare planetary alignment visible to Australian skies
The rare planetary alignment of four planets will be visible to Australia's pre-dawn skies on Friday, the Sydney Observatory has announced.
NZ Court Penalizes Qantas
A New Zealand court has ordered Australian airlines Qantas to pay fines worth NZ$6.5 million for fault of price fixing, records showed.
Critics hammered on Australia's proposed budget
Critics and business leaders have been disappointed with the proposed federal budget of Australia unveiled last night for fiscal year 2011-2012.
Swan: Australia's new fiscal budget will tame inflation
Australia's Treasurer Wayne Swan said the aim of authorities to cut the federal budget in order to return to a surplus by the next fiscal year will be good to tame the country's rising inflation.
Online game set in Bin Laden's lair
Gamers world-wide are in for another visual treat and experience as they can be the ones to lead the assault into the simulation videogame battleground set in the background of the late Al-Qaeda leader Osama Bin Laden's abode in Pakistan.
Malaysian offers alternative to viagras?
A Malaysian has offered an advice for those who are both frivolous on food and sexually adventurous.
Australia targets lower budgetary spending
In an attempt to restore fiscal balance, the Australian government plans to cut its spending to cope with the recent rise in the Australian currency, Treasurer Wayne Swan said today.
Tornado hits Auckland, NZ
New Zealand's largest city Auckland on Tuesday was hit by a tornado, killing one person and injuring dozens more as the twister lifted the roof off a suburban Albany Megacentre shopping mall.