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SYDNEY: Australian billionaire Gina Rinehart's $10-billion Roy Hill iron ore project aims to start construction on its Australian mine in mid-2013, later than hoped, as assessments by potential lenders stretch into next year, the project's spokesman said on Tuesday.
KUALA LUMPUR: The Youth and Sports Ministry plans to transform the Bukit Jalil Sports Complex into a 'sports city' where it can become a one-stop centre for sports merchandise.
CANBERRA, Australia: Unprecedented flooding and storms that hit key exports such as coal and iron ore caused Australia's economy to shrink by 1.2 percent in the first quarter of this year compared to the last quarter of 2010, government data showed Wednesday.
SINGAPORE (AP): Singapore's stock exchange tried Tuesday to overcome resistance to its $8.3 billion takeover bid for the Australian stock market operator by promising equal representation for Australians on the board of the combined company.
WASHINGTON: Government regulators on Tuesday gave Comcast Corp., America's largest cable company, clearance to take over NBC Universal in a deal that is certain to transform the U.S. entertainment industry landscape.