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Australia's current account gap swells to record level

Australia's current account deficit stretched to a record 11.6 billion Australian dollars (US$7 billion) from the impact of the drought, slow global growth and a high demand for imports, official figures showed Monday.

Favourable OECD report boosts Aussie to 3-year high

The Australian dollar powered through 61 US cents to a three-year high yesterday after the Organisation for Economic Co-operation and Development (OECD) praised Canberra for its sound management that made Australia one of the world#039;s best performing economies.

Australia holds rates as drought hits growth

Australia kept interest rates on hold yesterday against a backdrop of global uncertainty and slowing growth as farmers fight the continent#8217;s worse drought in a century and sluggish export markets.

Misbun takes centrestage at 2002 awards

Badminton singles head coach Misbun Sidek has earned his due recognition when he was named as winner of the national men's Coach of the Year award for 2002 Wednesday night.

Eyeing peace and prosperity for Afghans

Used to treating eye disorders in refugee camps, Dr Abdullah Abdullah is continuing his work of vision on the world stage as Afghanistan's Foreign Minister, writes PAUL GABRIEL.

Yellow River at lowest level in 50 years

THE upper reaches of the Yellow River, China's second longest river, is at its lowest level in 50 years due to sustained drought and decreasing rain and snow.

Bollywood needs new ideas

The good news is that Bollywood's biggest icon, Amitabh Bachchan, has shorn his trademark goatee. Now you will see the lanky legend playing a super cop minus the beard.

For the common people

As a king without a kingdom, the Maharawal of Jaisalmer in India now plays the role of a people#8217;s man, writes TERRY FRIEL.

Tan Fook-Wan Wah win Selangor Open title

Former national number one Choong Tan Fook-Lee Wan Wah are back on the winning track in the local circuit, ending a two-year drought by winning the Selangor Open badminton men's doubles title Sunday.

The Scud fails to explode as Fish drowns in showdown

Top seed Lleyton Hewitt defeated fellow Australian Mark Philippoussis 6-4, 6-4 on Sunday to win the Scottsdale Classic title for the second time.