Russian President Dmitry Medvedev switched on a missile early-warning radar station in the Baltic port city of Kaliningrad Tuesday in a move to counter the U.S. and NATO missile defence shield for Europe.
The 14-year-old boy from Sydney found guilty of marijuana possession in Bali, Indonesia will be home before Christmas as his two-month sentence handed on Friday will cover the time he spent in detention in Denpasar while his trial went on.
The fiscal crisis now hitting the Eurozone has not only immobilized the region and sent panic jitters to other nations, it has also rendered shipments of a majority of Chinese exporters to slump in the past few months, data from a newly released survey showed.
A group of Chinese enterprises, led by the Aluminum Corporation of China (Chinalco), is eyeing to develop the Simandou iron ore project in Guinea in West Africa.
Australian authorities will look deeper on the report of an Apple iPhone that suddenly self-combusted shortly after the landing of a regional carrier last week.
Australia Post Chief Executive Ahmed Fahour knows how to turn a problem into an opportunity. He showed his success on Tuesday when the agency he heads opened its 24/7 operations that relies heavily on delivery and pick up of parcels ordered online by Aussies.
2011 was a year full of various surprises which include weddings everywhere. With royals, actors, models, and singers taking the plunge and diving into a life of long term commitment.
Difficulties experienced from meeting stringent requirements and securing state approval in trying to construct a land-based receiving terminal has prompted the China National Offshore Oil Corp (CNOOC Group) to build the country's first floating liquefied natural gas (LNG) receiving and storage facility.
Japanese trading house Mitsui & Co. on Tuesday said it is targeting to sell to the Japanese market some 5 million tonnes a year of liquefied natural gas (LNG) from a major field project in offshore Mozambique.
A consortium of seven Indian companies, led by state-owned Steel Authority of India (SAIL), has been awarded the mining rights to develop the huge Hajigak deposit in Central Afghanistan.
U.S. rare earth metals (REM) miner Molycorp Inc. announced on Monday it has entered a deal creating a joint venture with Japanese companies Daido Steel Co. Ltd. and Mitsubishi Corp. to manufacture and sell high-powered rare earth magnets that targets the automotive and home appliance markets.
Despite the apparently darker days ahead for the global financial situation due to the impact of the European debt crisis, Treasurer Wayne Swan is confident that Australia would rise above the crisis.
While Australia's Business Council favoured a return to fiscal surplus, unions advised the Labor government to be prepared to abandon its budget surplus promise in response to budget cuts announced on Tuesday by Treasurer Wayne Swan.
WikiLeaks founder Julian Assange was recognised by fellow Australians Sunday for his resolve in letting the world know how governments work, specifically that of the United States.
The solar thermal industry at the world's second-largest economy is poised to grow by as much as 17.6 percent higher in 2011 to reach 57.6 million square meters, compared a year ago, according to an industry expert.
China is mulling to invest nearly 18 billion Yuan ($2.82 billion) to exploit minerals in Eastern Tibet's Qinghai region in the next five years. This came almost three months after Beijing announced in August plans to intensify mining efforts in the Tibetan Autonomous Region.
It's now all systems go for BHP Billiton Ltd after the South Australian Parliament on Tuesday passed a controversial legislation that would expand its Olympic Dam copper and uranium mine project into the world's largest open-cut operation.
It certainly was another volatile session for the Australian sharemarket today. In the first hour of trade stocks rose by around 0.5 pct however at around 1pm the market crept into negative territory. In the last 10 minutes of trade, stocks gained impressively to lift the All Ordinaries index (XAO) by 1 pct or 41.5 pts to 4167.3.
If Hollywood has Botox, the UK High Street has Bee Venom in a pot - a more holistic approach to keep crow's feet and wrinkles at bay.
In the recently concluded British Fashion Awards, the women dominated as they took home the major prizes of the night. Fashion icon Victoria Beckham was especially thrilled with her award as she won the Designer Brand prize.
Angola LNG is eyeing to market to non- U.S. buyers its first production of liquefied natural gas (LNG) that is expected to come out early 2012.
Australian gold miner Gold One International had announced it is confident of meeting 2011 target goals of producing 120,000 gold ounces. It said its actual output could even overtake the target quota in the next few weeks.
Difficulties in sourcing funds as well as seeking buyers and regulatory approvals have taken a toll on Woodside Petroleum Ltd., Australia's second-biggest oil company after BHP Billiton Ltd.
Defying predictions, Kate Middleton wasn't the star of the 2011 British Fashion Awards, but Victoria Beckham proved her reign as London's original fashion queen.
The Duchess might have not reigned over the British Fashion awards, but she sure did wow Buckingham palace guests in an emerald green dress from Mulberry.
Airlines are offering free re-booking of flights to London on Wednesday to spare passengers from the expected long delay in customs clearance at the city's airports due to participation of customs officers in a one-day general strike.
China has accelerated the ‘internalization’ of its controversial Yuan as Beijing decided on Monday to pit the currency against the Australian and Canadian dollars, a move seen by foreign exchange experts as the country’s gradual ploy of making the money more acceptable for international trade.
The Australian sharemarket is managing to hold on to some of its gains at lunch, with the All Ordinaries index (XAO) up 0.2 pct or 6.9 pts to 4132.7. Shares opened higher and continued to gain for the first hour of trade however started to pullback at around 11am (AEDT) following the Federal Government's mid-year budget review.
The United Nations has accused the Syrian military of torturing, raping and killing hundreds of civilians, including children and women, as part of its crackdown on protesters demanding a new government.
Australia may well sit back and relax as its mining sector will continue to support its economic stability in the next five years at least.Latest data from the 'Mining Industry Major Projects - October 2011' report of the Bureau of Resources and Energy Economics (BREE) showed committed capital investment into the country's already booming resources industry grew 34 per cent to A$231.8 billion (US$229.8 billion) in the six months ended Oct. 31.
