Pauline Askin

Australia's tectonic speed leaves cartographers behind

Aug 01 2016

SYDNEY Australia, which rides on the world's fastest-moving continental tectonic plate, is heading north so quickly that map co-ordinates are now out by as much as 1.5 meters (4.9 feet), say geoscientists.

Telescope used on Armstrong's moon landing finds new galaxies

Feb 24 2016

SYDNEY An Australian telescope used to broadcast live vision of man's first steps on the moon in 1969 has found hundreds of new galaxies hidden behind the Milky Way by using an innovative receiver that measures radio waves.

Australia shares down 1.2 percent as China concerns linger

Jan 05 2016

SYDNEY/WELLINGTON, Jan 6 Australian shares extended losses for the fourth straight day on Wednesday falling 1.2 percent in light trade and amid cautious sentiment as investors eye China's slowing growth.

Australia shares rally as investors take Fed hike in stride

Dec 16 2015

SYDNEY/WELLINGTON, Dec 17 Australian shares jumped 1.4 percent on Thursday, joining in a global equities rally as investors welcomed the U.S. Federal Reserve's first rate hike in a decade as a sign of confidence in in the world's largest economy.

Australia shares continue downward trend; dragged by weak oil

Dec 09 2015

SYDNEY/WELLINGTON, Dec 10 Australian shares fell 1.26 percent on Thursday, a third consecutive declining day, dragged by weakness in oil prices, although the materials sector lent some support with a rise in iron ore prices propping up the index.

Australia shares flat, rally fades

Dec 01 2015

SYDNEY/WELLINGTON, Dec 2 Australian shares eased on Wednesday, taking a breather after a solid rally in the previous session in the absence of fresh drivers.

Australia shares feel the pressure of weak commodity prices

Nov 29 2015

SYDNEY/WELLINGTON, Nov 30 Australian shares slipped 0.6 percent on Monday with the materials sector feeling the weight of weak commodity prices.

Australia shares turn lower, dragged by falling commodity prices

Nov 23 2015

SYDNEY/WELLINGTON, Nov 24 Australian shares fell 0.62 percent on Tuesday ending a five session winning streak, taking negative cues from Wall Street and lower commodity prices.

Australia shares hit 2-week high on Wall Street strength

Nov 18 2015

SYDNEY/WELLINGTON, Nov 19 Australian shares rose firmly on Thursday in the wake of Wall Street's solid gains after Federal Reserve minutes indicated belief that U.S. interest rates can increase in December without causing an abrupt market reaction.

New pink iPhones prove popular as record weekend sales expected

Sep 25 2015

SAN FRANCISCO/SYDNEY The iPhone 6s and 6s Plus hit stores around the world on Friday, kicking off what is expected to be a record weekend of sales as customers scrambled to buy Apple Inc's marquee product in pink for the first time.

World News