Australia
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A shock move by Australia's richest person Gina Rinehart into quality newspaper group Fairfax is likely designed to build her influence and reflects the rise of the nation's mineral wealth, analysts say.
8 Feb 2012 at 6:02pm
Australia veteran Lleyton Hewitt will take on China's top-ranked player Zhang Ze in the opening singles match of the Asia-Oceania Davis Cup playoff on Friday. The draw held Thursday also has Australia's Bernard Tomic playing China's Wu Di in the other opening singles match on grass at the Geelong Lawn Tennis Club outside Melbourne.
8 Feb 2012 at 6:17pm
Australia's dominant telecom company Telstra Thursday reported a lower-than-expected 22.9 percent jump in first half profits against what it described as a difficult macroeconomic backdrop.
8 Feb 2012 at 1:15am
Australia's government claims in court filings that it has the legal right to enforce plain packaging on the tobacco industry, setting up what's likely to be prolonged legal battle with the world's largest cigarette makers.
7 Feb 2012 at 2:39am
Australia said Tuesday there was "nothing valedictory" in its diamond jubilee celebrations for Britain's Queen Elizabeth II, its head of state, as it pledged Aus$5 million to her legacy trust.
8 Feb 2012 at 11:00pm
Former Test seamer Nathan Bracken is suing Cricket Australia, alleging negligence for failing to adequately deal with a knee injury that "ruined" his career, reports said on Thursday.
6 Feb 2012 at 11:37pm
Australia's central bank left official interest rates steady at 4.25 percent, saying global conditions had, on balance, improved and local growth and inflation were close to target.
8 Feb 2012 at 1:02am
The next Ashes series cannot come quick enough for Australia coach Mickey Arthur after his side whitewashed India and England were beaten 3-0 by Pakistan.
7 Feb 2012 at 12:03am
SYDNEY (Reuters) - Australia's projections for a bumper cotton crop remain on track despite a week-long deluge in major growing regions that forced thousands of residents from their homes and left rivers dangerously swollen. Australia is the world's third-largest cotton and sugar exporter, fourth-largest wheat exporter and a big supplier of other agricultural and mineral commodities. Heavy rains ...
6 Feb 2012 at 10:02pm
National Australia Bank Ltd.?s cash profit climbed 7.7 percent in the first quarter as it increased lending faster than rivals, even as the profitability of loans waned on higher wholesale funding and deposit costs.
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