AUSTRALIA

While shipping costs have been recovering over the past month from historical lows earlier this year, rates for the biggest vessels keep falling. Mistrust in the market, bad luck for iron exporters and a slowdown in world steel consumption are to blame.

Malcom Naden, 38, has been on the lam for seven long years. But in the early morning hours of March 22, police finally captured him near the Australian city of Gloucester.

There are a lot of weird world records recorded by Guinness World Records, and some of the most terrifying involve cars. Three of the best, most terrifying automotive stunts have been recorded on video.

New Zealand residents have been urged to spread their Marmite extra thin after news of an upcoming Marmageddon when the popular breakfast paste will no longer be available on shelves do to the closure of the iconic Kiwi brand's Christchurch factory in the wake of the 2011 earthquake.

The new law, which has been the source of fierce battles between industry and government officials for two years, will affect around 30 companies, including international mining giants BHP Billiton, Rio Tinto and Xstrata.

A 'mini-tornado' touched down in Townsville, Australia, Tuesday morning damaging 60 homes, injuring 3 people, and leaving 17, 000 residents without power.

The National Development and Reform Commission is raising retail gas prices by 600 yuan ($95) a metric ton, leading to an average pump price hike of 6.8 percent.

From the islands of Fiji to Costa Rica, Australia, and Italy, check out the world's best eco-resorts!

Despite being under house arrest in England, Wikileaks announced they had found a way for Assange to run, Wikileaks announced via its Twitter page Saturday.

The West Indians won the 2nd ODI against Australia on Sunday. they broke a six-year, 14-match jinx.

A Hollywood swimsuit model was busted after the DEA arrested Simone Farrow, who worked under the name of Starr, in Australia, accused of heading an international drug ring. Over a month ago, she skipped out on bail and was on the run from the law. She claims there are those trying to murder her.

Watch highlights and driver reactions from the Australian Grand Prix in Melbourne.

The Land of Oz – Australia – is the first country where the new iPad got released on Friday morning. Luke Soules, the founder of California-based gadget repair firm – iFixit – made his way to Australia and picked up an iPad from a local store in Melbourne city. Here is what the iFixit guy revealed in the ultimate iPad postmortem.

Where to watch a live stream of the Australian Grand Prix 2012, plus a full preview and predictions for the top three finishers.

Pope Shenouda III, the head of the Coptic Orthodox Church of Alexandria in Egypt, died Saturday at the age of 88, according to the country's official Middle East News Agency.

Watch highlights as the teams compete to qualify for the Formula One Australian Grand Prix 2012.

Where to watch a live stream online of qualifying for the Formula One Australian Grand Prix 2012 from Melbourne, plus a full preview and predictions.

Following National Potato Chip Day on Mar. 14 and Pepsi's Banner Sun potato chip brands reaching an impressive $10 billion in global retail sales, the food company was very generous in sending me a very interesting selection of chips.

iPad 3 has launched its worldwide release to thousand of waiting fans and tech aficionados alike. David Tarasenko, a construction manager from Sydney, Australia was the first lucky buyer of a new iPad 3 HD. From there, store openings across Austrailia and Asia continued to before European stores opened at 8 a.m. local time. In San Francisco, one of Apple's flagship stores, customers waited in light rain as local television crews shot news reels of people holding umbrellas and reading their iP...

Marubeni Corp., a large Japanese diversified trading company, is in talks to buy a 10 to 12.5 percent stake in a huge iron mine owned by Australia's Hancock Prospecting, a source told Dow Jones.

With massive debts to repay, Dublin was compelled to accept huge bailouts from the European Union and International Monetary Fund.