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• Computer likely caused Qantas in-flight plunge
CANBERRA, Australia - A faulty computer unit likely caused a Qantas jetliner to experience two terrifying midair plunges within minutes last week, an Australian investigator said Tuesday. More than 40 people were injured when the Airbus A330-300 ...
• Global stocks soar after U.S. bank aid plan
And in Australia, the government announced a plan to inject 10.4 billion Australian dollars ($7.4 billion) to strengthen the country's economy, helping send the S&P/ASX200 index 3.7 percent higher. Hong Kong promised to guarantee all bank deposits ...
• European markets higher on rate cut hopes
The Australian central bank’s cut was its biggest since 1992 and the scale of it was unexpected. Analysts were predicting a half-point cut, especially after the Australian dollar slumped by nearly 10 percent Monday. RBA Gov. Glenn Stevens said the ...
• World markets soar after last week's rout
Hong Kong's Hang Seng Index, which tumbled more than 7 percent Friday, soared 1,434.33 points, or 9.69 percent, to finish at 16,231.20. Australian and Singapore indices jumped more than 5 percent, while South Korean and Chinese benchmarks added ...
• Most viewed on msnbc.com
He said 19 people were on board, including 12 German, two Australian and two Nepalese tourists — and two Nepalese crew members. One of the Nepalese pilots survived the crash and was flown to Katmandu for medical treatment, he said. The visibility at ...