AUSTRALIA

3. South Africa

Most Workaholic Countries [SLIDESHOW]

The slideshow contains the Top 14 most workaholic countries, according to survey by Ipsos Global and Reuters. Japan, Australia, South Africa top the list.
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Vertex Pharmaceuticals

Vertex Pharma stock hits new high again on positive study results

Shares of Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) touched a new 52-week high of $50.83 on Thursday. The company announced positive interim results on Wednesday from a Phase 2 two-part study of 'telaprevir' combination therapy for treatment of hepatitis C virus and human immunodeficiency virus, also known as HCV-HIV co-infection.
Vertex Pharmaceuticals

Vertex Pharma Stock Hits New High On Positive Hepatitis C-HIV Drug Study

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) announced positive interim results on Wednesday from a Phase 2 two-part study of 'telaprevir' combination therapy for treatment of hepatitis C virus and human immunodeficiency virus, also known as HCV-HIV co-infection. The shares of the drugmaker touched a new 52-week high of $47.82 on Wednesday.
Ratan Tata

Tata Steel raises stake in Australia's Riversdale

Tata Steel, the world's No. 7 steelmaker, has raised its stake in Riversdale Mining to more than 27 percent, making it harder for miner Rio Tinto to seal its $3.9 billion bid for the Mozambique-focused coal miner.
U.S. Navy Enterprise Carrier Strike Group

As U.S. Ships Approach Libya, Critic Blasts Possible Military Action

As the United States moves military ships toward the Mediterranean Sea and officials discuss the possibility of imposing a no-fly zone over Libya, Venezuelan President Hugo Chavez said it was irresponsible to consider all options to resolve the situation there, including an invasion.

India ups iron ore export duty, China hardest hit

India will quadruple export duty on iron ore fines as it seeks to curb exports, mostly to China, in a budget move announced on Monday that hit domestic producer shares and could push spot prices to new record levels.
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Gold rises above $1,410/oz on Mideast tensions

Gold rose to $1,413 an ounce in Europe on Monday as turmoil in the Middle East region lifted safe-haven buying and fueled a fresh spike in oil prices, stoking concerns over U.S. growth and knocking the dollar.
The Australian Prudential Regulation Authority (APRA)

Australia regulator announces strict liquidity rules

Australia's financial regulator has ruled certain assets, including quasi-sovereign bonds, cannot be considered a reliable source of liquidity for banks and financial institutions, taking a harder line than many global peers and dealing a setback to local banks.
New Zealand Earthquake

New Zealand quake city starts to bury dead, toll 148

New Zealand's earthquake-shattered city of Christchurch prepared to bury the first victim on Monday of last week's devastating tremor that killed at least 148 people as aftershocks forced the evacuation of scores of people in hillside suburbs.
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Getting dumped spurs matchmaking business

In the process of picking up the pieces of his own broken heart, Thomas Edwards stumbled upon a business helping others fix their love lives. After a college romance ended badly, Edwards' confidence tanked and his social life disappeared.
Sinopec, Australia Pacific in 20-yr LNG deal

Sinopec, Australia Pacific in 20-yr LNG deal

China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.

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