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• Asian markets mixed after big Australia rate cut
SEOUL, South Korea - Asian markets showed signs of life Tuesday as investors cheered a big interest rate cut by the Australian central bank aimed at alleviating the unfolding global credit crisis that has battered global markets. A late rally on Wall ...
• Drought has Aussie farmers trading water
SYDNEY, Australia - For farmer Malcolm Holm, water now is just like a new shovel or tractor — he has to buy it. The amount of water he is allowed to take from nearby Murrumbidgee River has dwindled to nothing for the past three years because of ...
• Liquid assets: 2 great wines for tough times
One place is Australia. Barossa Valley Estate Vineyards, known as BVE, is a cooperative of growers in the famed Barossa Valley region of South Australia, owned in part by Constellation Brands, the world's largest wine company. The area is known for ...
• Circumcision may not reduce gay male HIV risk
A review of 15 studies involving 53,567 gay and bisexual men in the United States, Britain, Canada, Australia, India, Taiwan, Peru and the Netherlands failed to show a clear benefit for those who were circumcised, researchers from the U.S. government ...
• Oil lower on economic slowdown fears
The Reserve Bank of Australia surprised markets Tuesday when it slashed its key rate a full percentage point to 6 percent its biggest cut since 1992. Asian shares were hammered hard Wednesday, with the Japan’s benchmark Nikkei 225 stock average ...