The Australian Dollar opens lower on Wednesday at 0.7886. The local unit moved towards US80 cents late on Tuesday after the Reserve Bank of Australia (RBA) left rates on hold at 3.00 per cent in a decision that was more predictable than an NRL off-field incident.
Chinese officials on Tuesday vowed severe punishment for the mob in the deadliest riot since New China was founded in 1949, while international organizations urged restraint in China.
Rich nations sought to persuade China and India on Tuesday to agree to a goal of halving world greenhouse gas emissions by 2050 at a summit of major economies in Italy later this week.
European Union ministers and regulators sought Tuesday to minimize boom-and bust economic cycles by agreeing to make capital rules more flexible and ensuring banks have enough cash to ride out a crisis.
The 35th G8 summit will be held in L'Aquila, Italy from 8 to 10 July. Leaders from the G8 rich nations and the major developing countries will together discuss the most important global economic and political issues.
The police's public order tactics are inadequate, a review into April's G20 protests in London concluded on Tuesday, although it said the operation itself had been highly effective.
G8 leaders plus Brazil, India, China, Mexico and South Africa will agree at a summit on Thursday to conclude the Doha round of world trade talks successfully in 2010, according to a draft communique seen by Reuters.
Telefonica's O2 and Movistar have won exclusive deals to sell Palm's new Pre smartphone -- regarded as the closest rival to Apple's iPhone -- in Britain, Ireland, Germany and Spain.
Telefonica's O2 and Movistar have won exclusive deals to sell Palm's new Pre smartphone -- regarded as the closest rival to Apple's iPhone -- in Britain, Ireland, Germany and Spain.
Iran's Supreme Leader Ayatollah Ali Khamenei warned Western countries on Monday against interfering in Iranian affairs after its disputed presidential election, state television reported.
Don McCullough shares a story of hope and encouragement from his writing, Walking from the American Dream, about Winston Churchill.
The wife of the new head of Britain's spy agency has posted pictures of her husband, family and friends on Internet networking site Facebook, details which could compromise security, a newspaper said on Sunday.
Oil fell to a five-week low near $64 a barrel on Monday, pressured by doubts over the prospects of an early global economic recovery and a firmer dollar.
On Saturday, Madonna paid tribute to Michael Jackson at O2 Arena in the U.K, with one of her dancers dressed as the late artist performing to a medley of Jackson hits.
Anti-G8 demonstrators clashed briefly with Italian police on Saturday in the first big protest ahead of next week's summit of the world's richest nations.
North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance toward the United States on its Independence Day that further stoked regional tensions.
How will the EU deal with this diplomatic dilemma?
China's ambitious plan to increase wind power capacity could attract up to $150 billion in investment, but Beijing will have to get serious about revamping regulations and building much needed infrastructure.
Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
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Danish pharmaceuticals group Novo Nordisk's diabetes drug Victoza, a key driver for future sales, has won European Commission approval for marketing across the European Union, the company said on Friday.
A powerful Iranian cleric warned on Friday that detained British embassy staff would face trial for their alleged role in post-election unrest, and EU countries summoned Iranian envoys to protest against the detentions.