Japan's JFE Steel Corp (5411.T) said on Tuesday it is boosting purchases of coking coal from the United States, China, Russia and Indonesia after heavy floods hit production sites in Australia, its biggest supplier.
Top negotiators from the world's largest trading powers will meet next week to push for a global trade accord, a signal that political momentum may be building for completion of the stalled talks.
Rafa Nadal begins his quest on Tuesday to become the first man to possess all four major crowns simultaneously since 1969 against Brazil's Marcos Daniel at the Australian Open.
Hitting the beach is one of the great traditions of Australian summer. Now, a mobile phone app lets swimmers know not only the best weather and surf conditions but also which beaches are the nearest - and safest.
Every time you fill up your car this winter you are participating in the biggest taxpayer swindle in history. Only a policy created in Washington DC could drive up the prices of gasoline and food, with the added benefits of costing the American taxpayer billions in tax subsidies and killing people in 3rd world countries.
Budget travel and staying at boutique hotels don't have to be mutually exclusive with a little research. Online boutique travel brand Mr & Mrs Smith (www.mrandmrssmith.com) selects 10 top boutique hotels around the world which won't cost the earth. All double rooms from less than $240. Reuters has not endorsed this list:
Roger Federer, Rafa Nadal and other top tennis players hammed it up in exhibition matches on the eve of the Australian Open to raise money for victims of the country's devastating floods Sunday.
Rafa Nadal believes his quest for a fourth consecutive grand slam is mission almost impossible and the world number one belted back Roger Federer's suggestion the flu-hit Spaniard is the Australian Open favorite.
Australian number two Jarmila Groth claimed a major boost ahead of her home open with a 6-4 6-3 victory over American Bethanie Mattek-Sands to win the Hobart International title on Saturday.
Australia's University of New South Wales has broken the Guinness land speed record for a solar-powered car - about 55 miles per hour.
Global law firm Freshfields Bruckhaus Deringer has appointed Robert Ashworth for the role of Asia managing partner.
Brisk walking regularly not only burn off calories, but will also lessen the diabetes risk provided you walk more, say Australian researchers. The researchers say 10,000 steps daily 5 days a week would be three times more protective in insulin sensitivity than 3,000 steps a day.
Australia's third-largest city started cleaning up stinking mud and debris on Friday after some of the country's worst floods on record, but in a sign of the task ahead, it could take six months to pump flood waters out of Queensland's coal mines.
The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.
Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.
Coal freight lines could start reopening as early as Thursday in Australia's flooded Queensland coalfields as waters recede, rail officials said, prompting predictions of a faster-than-expected start to a recovery in exports.
China is a money-sucking black hole that wastes resources and chokes the natural flow of the market-driven global economy.
China dumped plans to import several million tonnes of expensive corn and South Korea unveiled cuts in import tariffs on some products, underscoring the dilemma over how to tackle rising food prices.
Floods left parts of Australia's third-biggest city on Thursday looking like a war zone in need of years of reconstruction, the state premier said, while fresh threats loomed with a cyclone forecast offshore.
Heavy monsoons and resultant floods have affected nearly 1-million people in the north central and eastern provinces of the island nation and have killed at least two dozen people. It is believed that more than 300,000 people have been displaced from their homes.
While environmentalists fear destruction of marine life and the Great Barrier Reef due to floods, here’s a fact sheet about traveling in Queensland, weather condition, information on operational airports and affected areas to avoid while in Brisbane
The “worst” flood ever in the city of Brisbane in Australian state of Queensland could take a total toll on tourism by incurring the industry a loss of about $100 million, as the Brisbane River peaked at about 4.46m on Thursday.
