AUSTRALIA

Minara, China group in Ravensthorpe bid: source

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Australian nickel miner Minara Resources Ltd will submit a joint bid with a Chinese firm on Wednesday for BHP Billiton's Ravensthorpe nickel operation, a source familiar with the bid told Reuters.

Exercise shows opposing effects on appetite

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Exercise seems to simultaneously make people hungrier, yet more readily satisfied by a meal -- and differences in these responses from person to person may help explain why some exercisers shed pounds more easily than others, researchers say.
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NZ passes carbon trade laws, Australia edges closer

New Zealand's revised emissions trading plan passed into law on Wednesday, while neighboring Australia moved a step closer to ending a deadlock stalling its carbon-trade legislation ahead of a vote this week.
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Talison Lithium plans IPO in Canada, Australia

Talison Lithium Ltd, one of the world's leading lithium producers, plans an initial public offering (IPO) on both the Australian Stock Exchange and the Toronto Stock Exchange, the company said late on Monday.
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Australia's carbon scheme gains bipartisan support

Australia's government gained bipartisan backing on Tuesday for its revised carbon-trade plan, avoiding an early election and boosting compensation to big carbon emitters, coal companies and electricity generators.
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Dollar stabilizes, Asia shares slip

The dollar stabilized in early trade on Tuesday after losing ground in New York, while Asian shares slipped as investors shrugged off upbeat U.S. home sale data and took a breather after recent gains.
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Gold at record; resource plays boost stocks

Gold powered to another record high on Monday, benefiting from its reputation as a hedge against inflation and sluggish economic growth, while oil and copper prices rose on a weaker dollar and supply concerns.
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Rio Tinto unit Cloud Peak falls in NYSE debut

Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering.
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Volkswagen South Africa to double exports in '10

Europe's biggest carmaker, Volkswagen, will almost double exports from its South African plant in 2010 under a 27 billion rand ($3.59 billion) global contract for right-hand drive models of its new Polo.
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Australia's Rudd faces showdown on carbon vote

Australia's parliament votes next week on Prime Minister Kevin Rudd's plan for a sweeping carbon trade scheme with hopes it will finally win approval after two years of divisive debate.
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Australian heatwave in carbon trade battle

Australia's government demanded on Thursday that conservative rivals stop opposing carbon trade laws, citing a heatwave searing the country's biggest cities as evidence of Australia's vulnerability to climate change.
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Australian economy lures offshore prop. investors

Australia's resurgent economy has lured a string of offshore commercial property investors to its shores, many betting the rebound will underpin market competitiveness in the face of a soaring local currency.
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IDC: the age of mobile social networking comes in Asia/Pacific

The mobile is potentially overtaking PCs as the device of choice for access to social network site (SNS) in Asia and Pacific, IDC said on Monday in a survey-based report. It also noted that the telecom carriers need to set the stage for mass adoption by lowering data tariffs and offering user-friendly mobile applications.
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Vestas sees big wind turbine orders in Asia

Vestas Wind Systems said Wednesday it plans to announce significant orders for its wind turbines in the next five months, citing a pick-up in demand for wind power in Asia as more funding for projects becomes available.
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Wind farms 20 pct of Australia new power projects

Wind farms account for about a quarter of Australian electricity generating developments now under construction or planned as the country moves to increase its reliance on renewable energy, a government report said on Wednesday.
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Altona signs JV with China's CNOOC; shares up

Energy firm Altona Energy Plc said it signed a joint venture deal with a unit of state-owned China National Offshore Oil Corp to develop its project at Arckaringa in South Australia, sending its shares up as much as 42 percent.
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Australian opposition confident of carbon deal

After months of stalemate, Australia's government could finally seal an agreement for its sweeping carbon trade scheme by early next week after the opposition said on Tuesday they were confident of a deal.

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