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A takeover by Chinese regulators of a troubled lender with links to a missing tycoon jolted markets on Monday, lifting interbank financing costs for some smaller banks and raising worries about broader risks to the country's financial system. The China Banking and Insurance Regulatory Commission (CBIRC) will take control of Inner Mongolia-based Baoshang Bank for […]

Australian startup Morse Micro has secured almost $24 million in funding to take its 'HaLow' chips to the mass market as it looks to revolutionise Wi-Fi for the internet of things. Investors include the private investment fund for Atlassian co-founder Scott Farquhar, Skip Capital, headed by Kim Jackson, Blackbird Ventures, Ray Stata and Main Sequence […]

Tokyo: A man carrying a knife in each hand and screaming "I will kill you" attacked a group of schoolchildren waiting at a bus stop just outside Tokyo on Tuesday, wounding at least 19 people, including 13 children, Japanese authorities and media said. The victims were lined up at a bus stop near Noborito Park […]

Eight people have been rescued after becoming trapped in heavy snow near Mount Hotham with "terrible" conditions forecast to get worse. The alarm was raised following heavy snowfall on Monday afternoon. The four adults and four children, aged between six and 12, spent a chilly night in their vehicles on the Blue Rag Range Track […]

Bravo Prime Minister Scott Morrison! How many of those very few who predicted his re-election also foresaw that he would announce shortly after that he is “committed” to constitutional recognition? Good. None of you. And yet for the Prime Minister it is brilliant politics. As he is all but solely being credited with the election […]

Gas, not coal, was the fossil fuel that would take the traditional energy industry into the future, a national industry conference has been told. The annual Australian Petroleum Production and Exploration Association (APPEA) conference is being held in Brisbane this week, with the result of the recent federal election front of many delegate’s minds. APPEA […]

Jerusalem: Israel's parliament on Monday passed a preliminary motion to dissolve itself. The move further pushed the country toward an unprecedented political impasse, less than two months after elections seemed to promise Prime Minister Benjamin Netanyahu a new mandate. If the bill receives final passage in a vote scheduled on Wednesday, Israel would be forced […]

Contentious laws such as council mergers or the greyhound ban would be put to community focus groups to stop "half-baked policies" being rushed through NSW Parliament under a "revolutionary proposal" to be considered on Tuesday. One Nation MP Mark Latham will move a motion to overhaul law-making in the upper house following lobbying from former […]

David Pocock's Super Rugby career is over effective immediately, the world's best openside flanker declaring: "It's time to finish in Australia, this is it". Pocock will announce his Australian domestic rugby retirement on Tuesday morning after it was decided to rule him out for the rest of the Super Rugby season. The 31-year-old, however, still […]