Sydney (Australia)

Closings levels for Tokyo, Sydney and Seoul stock markets on Tuesday
Shares in David Jones spiked 15 percent on Friday
Protesters hold placards as they attend a no carbon tax rally in Sydney
Australia has introduced a controversial carbon tax in a bid to tackle climate change
Fairfax recently announced 1,900 job cuts as part of a digital-focused restructure
Rupert Murdoch's News Limited has also flagged large job losses as it grapples with the challenges of online transition
Shares in David Jones soared on Friday after it received an unsolicited takeover offer from a mystery British bidder
Fairfax Media is in the throes of a sweeping restructure set to cost 1,900 jobs
Journalists at Fairfax Media have called on its biggest shareholder Rinehart to respect its charter of independence
Fairfax Media is in the throes of a sweeping restructure set to cost 1,900 jobs
Journalists at Fairfax Media have called on its biggest shareholder Rinehart to respect its charter of independence
Australian Prime Minister Julia Gillard, pictured in Sydney, in May
This file photo shows a police tape cordoning off a building near Sydney
The Australian media sector is enduring a turbulent period
Wallabies were more clinical in their execution in the crucial moments of the Tests against Wales
Australian Foreign Minister Bob Carr
Berrick Barnes (C) from Australia kicks for goal
Ryan Jones (R) of Wales marks the ball during their second Rugby Union Test match against Australia
The graveyard could hold important clues on how the diprotodon lived and what caused it to perish
A reconstructed model of the mega-wombat at the Australian Museum

Australian police smash Asian drug ring

Australian police said Friday they had smashed a crime syndicate operating across Asia, leading to 27 arrests and the seizure of drugs and assets worth millions of dollars.
 

Ellen DeGeneres happy to 'kiss the ground' Down Under

US talk show star Ellen DeGeneres arrived in Australia on Friday, declaring she was happy enough to "kiss the ground" as she began a six-day visit officials are hoping will help boost tourism.
 

Murray hopes to turn up heat against Tomic

World No. 3 Andy Murray will try to turn up the heat when he faces rising Aussie Bernard Tomic in his second-round opener at the Miami ATP Masters.
 

European stocks retreat on disappointing data, Cyprus

European stock markets slid Thursday as disappointing eurozone data and the Cyprus bailout impasse overshadowed strong Chinese economic performance.
 

European stocks head lower again

European stock markets slid Thursday as traders looked past strong Chinese economic data to focus on bleak eurozone news, notably fallout from the Cyprus bailout impasse.
 

New BoJ chief pledges 'all-out efforts' on deflation

The Bank of Japan's new governor Haruhiko Kuroda on Thursday pledged "all-out efforts" to rid Japan of growth-sapping deflation as gloomy new trade data underlined the scale of the task ahead.
 

Asian markets lifted by China manufacturing data

Asian markets were mixed Thursday as Chinese data showing manufacturing activity in the world's number two economy picked up in March, while Tokyo was lifted by renewed weakness in the yen.
 

Hong Kong light pollution 'one of world's worst'

Hong Kong is one of the world's worst cities for light pollution with night skies around 1,000 times brighter than globally accepted levels, researchers said Wednesday ahead of this year's Earth Hour event.
 

Asian markets mixed after Cyprus vote

Asian markets were mixed on Wednesday after Cypriot lawmakers comprehensively rejected a plan to tax savings as part of a crucial bailout deal.
 

Rowntree seeks 'clarification' over referee

England forwards coach Graham Rowntree is to seek "clarification" from the International Rugby Board (IRB) regarding the performance of referee Steve Walsh in Saturday's 30-3 defeat by Wales.
 

England seek 'clarification' over referee decisions

England forwards coach Graham Rowntree is to seek "clarification" from the International Rugby Board (IRB) regarding the performance of referee Steve Walsh in Saturday's 30-3 defeat by Wales.
 

Asian markets mostly bounce on Cyprus hopes

Asian markets mostly rebounded on Tuesday while the yen fell against the dollar and euro as concerns over the eurozone abated on news Cyprus was reworking a controversial savings levy.
 

Cyprus MPs delay bailout vote amid market turmoil

Cyprus's parliament has postponed until Tuesday a session to vote on a EU bailout deal that slaps a levy on all Cypriot bank savings, as negotiators scrambled to soften the blow for small deposit holders.
 

Asian markets tumble on Cyprus bailout concerns

Asian markets tumbled on Monday and the euro sank as eurozone fears returned on news that Cyprus was planning to tax bank depositors as part of a controversial bailout.
 

Cyprus MPs in crisis session on 10 bn euros bailout

Cyprus President Nico Anastasiades was Monday seeking the backing of MPs for an EU bailout deal that slaps a levy on bank savings under harsh terms that have jolted global markets and raised fears of a new eurozone debt crisis.
 

Melbourne plans tallest building in southern hemisphere

Australia's second-largest city Melbourne could possibly have the tallest building in the southern hemisphere after approval Monday for a new 388-metre (1,280 foot) apartment and hotel complex.
 

Watson to continue playing Tests after ban

Speculation about the Test future of Australian vice-captain Shane Watson ended Monday with an announcement that he will return to India after serving a one-match ban.
 

Cyprus president in desperate bid to prevent bank run

Cypriot President Nicos Anastasiades will on Monday attempt to persuade lawmakers to back an EU bailout deal that slaps a levy on bank savings, amid fears of a run on accounts if he fails.
 

Watson to continue playing Tests after ban

Speculation about Australian vice-captain Shane Watson's Test future was put to bed with an announcement that he will return to action after serving a one-match ban.
 

Airline bomber to be freed from US prison

A Jordanian-born Palestinian man convicted of the 1982 bombing of a Pan Am flight traveling to Hawaii from Japan is set to be released from US federal prison Wednesday.