IBT Staff Reporter

Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.

Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer is at a discount to Macarthur's last trading price.

A new “super sunscreen” may be required to cut down Australia’s 900 melanoma deaths per year. Scientists from the University of Queensland are investigating the effectiveness of highly protective sunscreens and whether a more potent version is needed.

The sudden death of the young mother, Claire Murray, 25, has triggered more controversy over the liver loan given by the West Australian government, which cost $258,000.

A program design to support women during cancer treatment is being offered for the first time at Yarra Ranges Health in Lilydale.

This coming May you can help in the fight against cancer by simply making your own cuppa and take part in Cancer Council's popular annual fundraiser, Australia's Biggest Morning Tea.

Orchardists in Victoria have been given the opportunity to taste new varieties for pears after years of their breeding process.

The scientists at the University of Queensland are investigating the effectiveness of highly protective sunscreens and whether a more potent version was needed and required.

Greece's government, concerned that the IMF would impose tough conditions in exchange for aid, wants to amend a deal struck at an EU summit last month to bypass an IMF financial contribution, senior government sources in Athens told Market News International.

Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.

Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators who said the automaker knowingly delayed a massive recall for defective accelerator pedals.

Samsung Electronics Co Ltd said it was on track to top market forecasts with a record quarterly profit thanks to a strong recovery in its flagship chip business, the world's largest.

Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators, the maximum penalty allowed under current laws, after the automaker failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.

South Korea's Samsung Electronics Co Ltd said it was on track to beat market forecasts with a record first quarter profit thanks to a strong recovery in its flagship semiconductor business and robust TV sales.

The administrators of Lehman Brothers' U.K. unit are objecting to a plan by the collapsed U.S. investment bank to create an asset manager that would continue to oversee its illiquid assets post-bankruptcy.

A French company is recalling a brand of breast implants which may have been used on thousands of Australian women.

For over a decade, New York state has papered over budget deficits and over-spending by shuffling money among accounts, siphoning cash from dedicated funds and abusing temporary loans, according to a report released on Monday.

New figures showing hundreds of ambulances were turned away from Melbourne hospitals in a three-month period last year mean the Victorian government has put lives at risk, the state opposition says.

Microsoft Corp is set to announce its long-awaited Project Pink phones early next week, sources familiar with the matter said on Monday, as the world's largest software company attempts to gain traction in the growing market for young smartphone users.

China - In Linlou village, Henan, a grandmother Zhang Ruifang,101 began developing a mysterious protusion on her forehead that looks like a horn last year.

Apple Inc is set to host an event on Thursday to show off the newest operating system software for the iPhone, as the company prepares for a widely expected launch of its next-generation smartphone later this year.

Billionaire New York real estate developer Sheldon Solow has dropped his lawsuit accusing insurer Conseco Inc of fraud over the $1.4 billion auction in 2003 of the General Motors Building in midtown Manhattan.

The Aussie dollar opens this morning slightly above the 92 cent level buoyed by optimism of a continued recovery in global economic growth following upbeat U.S economic data in the form of increasing employment.

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

The services sector grew at its fastest pace in nearly four years in March and future home sales unexpectedly rose in February bolstering hopes for sustainable economic recovery and job growth.

Banning traders from placing their servers close to an exchange's trading system would not solve anything, a top securities regulator said on Monday.

U.S. stocks rose on Monday, pushing the Dow up near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.

U.S. stocks rose on Monday, pushing the Dow near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.

U.S. regulators on Monday proposed fining Toyota Motor Corp the maximum penalty of $16.4 million, saying the company failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.