As expected, the Reserve Bank of Australia (RBA) adopted a wait-and-see attitude and kept on Tuesday the overnight cash rate at 3 per cent. The central bank made the decision after release of economic data from the U.S. and China which showed some improvement.
If for any consolation to those affected by the recent floods of ex-cyclone Oswald, the flooding disaster would have been far more catastrophic had it not been for the dry spell that Australia experienced in late 2012, according to the weather bureau.
Japan and Jamaica on Monday have formally launched a pilot project to test the commercial viability of the island's bauxite waste, more known as red mud, for possible rare earth elements.
The crane ships sent to lift up the grounded minesweeper USS Guardian from the Philippine Tubbataha Reef has been foreseen to add more injury to the reef since it would need to drop an anchor right smack into the corals to keep it steady.
The merging of The Daily Beast and Newsweek brings forth a new name in the industry: NewsBeast.
Bell FX Currency Outlook: The Australian Dollar remains steady ahead of the RBA meeting later today.
Shares of Aquila Resources tumbled down on Monday as it further suspended its $7.4 billion iron ore project in the West Pilbara due to funding struggles.
An anonymous Virginia resident witnessed the unidentified flying object floating above sky while conducting a video recording at around 4 p.m. on January 27, 2013. The footage served as evidence on the puzzling UFO sighting which was recorded at the Mutual UFO Network (MUFON) witness reporting database.
Authorities in Queensland are now racing to construct a 300-bed village in Bundaberg as residents of the town start to rebuild their lives after the devastating January 2013 Queensland floods brought by ex-cyclone Oswald.
Donations to victims of Queensland's 2013 floods, as opposed to the devastating surge of waters that came on in January, are only coming in by the trickles.
Former Philippine President Gloria Macapagal-Arroyo has been cleared from the criminal negligence raps filed against her in relation to the November 2009 Maguindanao massacre that killed 58 people, 32 of whom were journalists.
Bell FX Currency Outlook: The Australian dollar has started the day's trade above 1.0400 after a brief dip on Friday night into the high 1.0300's.
Despite the denial by a prostitute that she had sex with embattled MP Craig Thomson, the lawmaker representing Dobell continues to be hounded by public perception that he had extramarital affair with women engaged in the flesh trade.
The damages caused by the floods in Queensland in January this year that was brought about by an ex-cyclone will surpass that of the same flooding tragedy the Australian state experienced in 2011, where millions of dollars will be needed in order to rebuild the state.
In Florida, residents were recently stunned with strange unidentified flying objects in the dark sky hovering over the waters of Cape Coral. The Mutual UFO Network (MUFON), whose mission is to monitor and study UFO activities, was quick to solve the mystery in the area.
The number of hospital admissions related to respiratory complaints has risen in China and may continue to rise as the country's residents continue to experience yet again another toxic smog pollution which is seen could be exacerbated by a prevailing cold front.
Today is not only the first day of February but is also the day set by the UNESCO as deadline for the Australian government to submit its actions as to how it plans to preserve and protect the Great Barrier Reef, or otherwise risk losing its World Heritage status. The Australian federal government had said it was able to meet the deadline, but the question still floats - were its submitted to do actions really enough to save and salvage the great reef?
The Dow Jones Industrial Average seesawed within a narrow range, though carrying a slight negative bias, after the FOMC was slightly less dovish in its policy statement.
The lawyer of disgraced independent MP Craig Thomson disclosed on Friday that the lawmaker was strip searched by New South Wales police after his arrest on Thursday.
Bell FX Currency Outlook: The Australian dollar is trading higher, rebounding following several days of weakness
Australian rare earths miner Lynas Corporation Limited (ASX:LYC) has announced it is ready to come up with its first product samples by February, even as it has yet to win over one more pending legal battle concerning its Malaysian plant facility.
Mensa International, a non-profit international organization for people with very high scores in IQ tests, has just recruited into its roster a three-year-old tot as its newest member.
With Iran having hurtled into space its first space monkey, South Korea announcing the satellite it blasted on Wednesday is now successfully transmitting data and North Korea which seven weeks ago likewise did the same, it is no wonder that Asia is now slowly transforming to become the world's epicentre of space competition.
New South Wales police arrested on Thursday embattled MP Craig Thomson over 150 fraud charges the independent lawmaker is facing over his alleged mishandling of Health Services Union (HSU) funds.
Access to natural gas by about 1,000 homes and businesses across Bundaberg have been cut off after Envestra Limited announced a portion of its natural gas pipeline servicing the area had been damaged.
Cash-strapped Zimbabwe is appealing for donations from the international community to support the requirements for the country's electoral spending as its finance minister revealed this week the South African nation only has $US217 left in its coffers.
Dangerous man absconded in Brisbane area hands himself to authorities.
The teenager who sang at Barack Obama's inauguration last week was shot dead at Vivian Gordon Harsh Park.
Hadiya Pendleton, a 15-year-old honor student and majorette at King College Prep High School and who attended the Obama inaugural in early January was shot dead on Tuesday.
Bell FX Currency Outlook: The local unit fell to a low just above 1.0400 against the Greenback as concerns over a potential rate cut next week have started to creep in.
