AUSTRALIA

SHOCKER: Earth and Moon Younger than Previously Thought

Moon
New techniques to study rocks have led researchers to believe that the Earth's moon is actually much younger than previously predicted. The study also has ramifications for the Earth itself, thought to be made of the same material.
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Euro and Tech Stocks Lose Ground in Asia

The euro wobbled Wednesday after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore confidence after a global market rout, while Japanese shares fell, dragged down mainly by hi-tech.
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Top 5 Fund Managers

In the midst of the economic slowdown, half the assets managed by the world's largest fund managers are now pension fund assets.
World Bank Chief Robert Zoellick pauses while speaking at the Asia Society's annual dinner in Sydney

World Bank Chief: Nations Must Tackle Global Debt Mess

The World Bank chief Tuesday called for national governments to seek long-term debt curbs to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.
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Newcrest Mining Plans Focus on Asia

Newcrest Mining , the world's No.3 gold miner, plans to focus on expanding in Asia, where it will spend A$9 billion ($9.3 billion) to boost its gold output by 50 percent over the next five years.
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Asian Stocks Rise, Gold and Swiss Franc Decline

Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
Chinese companies on a Foreign Foray

Stocks Bounce on U.S. Cues; Sentiment Wary

Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
World Bank Chief Robert Zoellick gestures while speaking at the Asia Society's annual dinner in Sydney

World Bank Head Warns Markets Heading to New Danger Zone

The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.
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Perseid Meteor Shower 2011: Watch Live Video/Audio Feed [VIDEO]

The Perseid meteor shower, which is considered one of the best the year, is expected to peak from Aug. 12 into the morning of Aug. 13. But with a full moon washing out all but the brightest meteors, NASA said, rates will probably only be 20 to 30 per hour at most, should the weather permits. If there is clear weather and dark skies, the Perseid meteor shower can be seen by most of the world, but it's best seen by observers in the Northern Hemisphere.
Tour de France winner Evans is congratulated by fans as he rides through the streets of Melbourne during an official homecoming ceremony

Aussies hail Evans as Tour champ rides into town

Yellow-clad fans in their thousands thronged Melbourne's city center on Friday to hail Cadel Evans as Australia's first Tour de France champion took a ceremonial ride into town after returning from Europe.
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German Court Sets Samsung, Apple Hearing

Korean company Samsung Electronics will go to a German court on August 25 to try to overturn a ban on it selling flagship Galaxy tablets in most of the European Union.
Tour de France winner Evans is congratulated by fans as he rides through the streets of Melbourne during an official homecoming ceremony

Fans hail Evans as Tour champ rides home

Yellow-clad fans in their thousands thronged Melbourne's city center Friday to hail Cadel Evans as Australia's first Tour de France champion took a ceremonial ride into town after returning from Europe.

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