
Australia's Fairfax Media post $2.87 billion loss
Shares in Australia’s second largest newspaper publisher Fairfax Media Ltd. dived more than 5 percent after the company announced a 2.73 billion Australian dollar ($2.87 billion) loss last year due to writedowns in assets and declining advertising .
Google online maps embark on Arctic adventure
Google set out to take users of its free online mapping service on an Arctic adventure with help from an Inuit community in the Canadian tundra.
Japan PM reported to hint at November election, but can he wait?
Massive losses for Australia's Fairfax Media
High New Zealand home prices causing anxiety
Rising home prices are often welcomed as a sign of a country’s economic health and vigor. But in New Zealand, there is growing concern that prices have risen so high they are acting instead as an economic anchor, sucking resources from those who can afford a home and prompting those who can’t to consider moving overseas.
Asia stocks rise after Fed hints of help for US
Asian stock markets were mostly higher early Thursday as investors weighed the possibility that more help for the U.S. economy from the Federal Reserve might be on the way.
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