AUSTRALIA

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India 3G auction likely next fiscal yr

A multi-billion dollar auction of 3G spectrum to help plug India's budget deficit may only kick off in the next financial year, a government minister said on Monday.

World crude steel output rises 25.5% in Jan

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World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 109 million metric tons (mmt) in January. This is 25.5% higher than January 2009.China's crude steel production for January 2010 was 48.7 mmt, an increase of 18.2% on January 2009. Japan produced 8.7 mmt of crude steel in January 2010, up 36.8% compared to the same month last year. South Korea showed an increase of 32.4% from January 2009, producing 4.5 mmt of crude steel in January 2010.

Finnish media slam Vancouver Games catastrophe

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Finnish media rounded on the country's athletes on Monday for their performance at the Vancouver Olympics where the sports-mad country lags Australia in medals and could be facing its worst-ever performance.
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Architect Visit: Owen and Vokes in Australia

Brisbane-based architects Owen and Vokes maintain a remarkably rigorous aesthetic in all their projects, using a palette of natural wood, vertically laid white tile, and louvered windows.
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Dollar jumps, commods, stocks hurt by Fed action

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.
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U.S. dollar strengthens; gold dips on IMF sale

The U.S. dollar rose against the euro on Thursday as poor growth prospects and Greece's fiscal deterioration hounded the euro zone single currency, while gold slid after the International Monetary Fund said it would sell more of its bullion holdings.
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Iraq has top terror risk, Thai danger up: ranking

Iraq is the country most at risk from terrorist attacks for the second straight year, according to a ranking by global analysts Maplecroft, while Thailand has joined the nine countries most in danger for the first time.
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FOREX-Euro slides on Greek woes; China news hits risk assets

The euro fell to a nearly nine-month low against the U.S. dollar on Friday as questions persisted about a rescue deal for debt-stricken Greece, while higher-yielding currencies weakened after China unexpectedly raised bank reserves. The euro headed for its fifth weekly drop versus the safe-haven greenback as a lack of details in Thursday's pledge by the European Union to help Greece fanned fears of a wider euro zone debt crisis.
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Travel Picks: Top 10 most romantic hotel bedrooms

SINGAPORE (Reuters Life!) - Trying to renew your romance this Valentine's weekend, or surprise a new partner with a gasp-inducing getaway? Boutique hotel experts Mr & Mrs Smith have rounded up a list of the top 10 sexiest hotel bedrooms.
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Rio says China partnership key ahead of bribe trial

Australia urged China to deal transparently with the trials of four Rio Tinto staff accused of bribery and stealing commercial secrets, as the firm's CEO said the Asian country remained a key part of its long-term plans.
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Singapore's first casino to open February 14

Singapore opens its first casino on Sunday, coinciding with the start of the Chinese New Year, as the city-state makes the latest roll of the dice to turn itself into a playground for the rich.
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Australia urges Chinese transparency in Rio case

Australia urged China to deal quickly and transparently with the trials of four Rio Tinto mining staff accused of bribery and stealing commercial secrets, amid growing investor concern over dealing with Beijing.
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Euro up ahead of EU summit, Greece rescue eyed

The euro rose on Thursday ahead of a key EU summit that could lay the groundwork for a rescue of debt-stricken Greece, while Asian stocks gained for a third day, powered by strong economic data from Australia and China.
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Asia shares up; eyes on EU summit, Greece rescue

Asian stocks rose for the third day in a row on Thursday, powered by strong economic data from Australia and China, while the euro steadied ahead of a key summit that could lay out a rescue plan for debt-stricken Greece.
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Cultures of suicide

A UQ researcher has surveyed and interviewed students across three continents to understand the social representations, values, beliefs, attitudes and meanings associated with youth suicide.
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Australia urges China for speedy Rio resolution

Australia urged China on Thursday to proceed quickly with the trial of four China-based staff of Anglo-Australian miner Rio Tinto , whose arrest on charges of spying and bribery have strained ties with Beijing.

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