AUSTRALIA

After departing Seoul, Erdogan will reportedly fly directly to Tehran to discuss with Iranian officials details of the Korean summit.

General Motors Co. will invest more than $1 billion into its Australian subsidy Holden Ltd. for manufacturing and next-generation development with the support of a hotly debated 275 million AUD, $285 million, subsidy from the Australian government.

Kim, 52, will be the first physician to head the bank and the second U.S. nominee to have been born abroad. He has served as Dartmouth College's president since 2009.

Facebook isn’t even trading yet but Rapid Ratings, a New York firm with an unusual risk-analysis model, rates the social networking company's stock as highly as that of technology stars Intel, Apple, Microsoft and Google.

Where to watch a live stream online of the first two practice sessions of the Formula One Malaysia Grand Prix 2012, plus a full preview.

As if Kristen Stewart doesn't have enough on her plate with Breaking Dawn: Part 2, Snow White and the Huntsman and On the Road, she is set to add yet another film role to her list of projects.

All eyes are watching as Formula 1 teams and drivers, including Australian Grand Prix winner Jenson Button and failing team HRT-Cosworth, prepare to rev their engines and burn rubber at the 2012 Formula 1 Petronas Malaysia Grand Prix on Sunday, March 25.

While shipping costs have been recovering over the past month from historical lows earlier this year, rates for the biggest vessels keep falling. Mistrust in the market, bad luck for iron exporters and a slowdown in world steel consumption are to blame.

Asian shares gave back earlier gains Thursday after data showed China's factory activity shrank for a fifth successive month, underscoring concerns about a growth slowdown in the world's second largest economy.

Malcom Naden, 38, has been on the lam for seven long years. But in the early morning hours of March 22, police finally captured him near the Australian city of Gloucester.

There are a lot of weird world records recorded by Guinness World Records, and some of the most terrifying involve cars. Three of the best, most terrifying automotive stunts have been recorded on video.

China's skein of trade surpluses and Treasury-buying has run its course and the country will need to begin selling some of its vast holdings of U.S. debt, says Frederick Sheehan, ex-head of asset allocation at John Hancock Financial Services.

New Zealand residents have been urged to spread their Marmite extra thin after news of an upcoming Marmageddon when the popular breakfast paste will no longer be available on shelves do to the closure of the iconic Kiwi brand's Christchurch factory in the wake of the 2011 earthquake.

The footage, which was aired live, sparked angry and humorous exchanges on Twitter in India.

The new law, which has been the source of fierce battles between industry and government officials for two years, will affect around 30 companies, including international mining giants BHP Billiton, Rio Tinto and Xstrata.

A 'mini-tornado' touched down in Townsville, Australia, Tuesday morning damaging 60 homes, injuring 3 people, and leaving 17, 000 residents without power.

Major indexes across Europe were down Tuesday on negative news regarding an expected slowdown in Chinese economic growth.

The National Development and Reform Commission is raising retail gas prices by 600 yuan ($95) a metric ton, leading to an average pump price hike of 6.8 percent.

Glencore , the world's largest commodities trader, is buying Canada's leading grain handler, Viterra , in a cash deal valuing it at C$6.1 billion ($6.2 billion).

Commodities trader Glencore , backed by partners Richardson International and Agrium Inc , has agreed to buy Canada's Viterra in a cash deal valuing the country's largest grain handler at C$6.1 billion ($6.2 billion).

Glencore International will resume operations at the only copper refinery in the Philippines by June or July, six months after a fire halted its operations, a company official told Reuters on Tuesday.