Vatican bank money laundering risk: probe

Italian investigators say the Vatican bank operated in a way that facilitated money laundering. Source: AAP ITALIAN investigators have said the Vatican bank operated in a way that facilitated money laundering, according to leaked papers quoted...

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Snowden's hopes rise on asylum offer

Venezuelan President Nicolas Maduro has offered asylum to US intelligence leaker Edward Snowden. Source: AAP US intelligence leaker Edward Snowden remained stranded in a Moscow airport for the 14th day amid rising hopes he may finally be able...

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'World's biggest cocaine dealer' deported

COLOMBIAN police have arrested an alleged boss of Italy's Calabrian mafia, who is considered the most wanted drug trafficker in Europe, the defence ministry said. Roberto Pannunzi, who is wanted in Italy on drug trafficking charges, was detained...

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Search called off for American schooner

THE search has been called off for the American schooner Nina which went missing with seven people on board in the Tasman Sea. The 21m sailing vessel was travelling from Opua in the Bay of Islands to Newcastle in Australia on May 29 with six...

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NZ government signs SkyCity deal

THE New Zealand government and SkyCity have signed a deal over the construction of a convention centre in Auckland. The casino will fully fund the $NZ402 million ($A348 million) centre in exchange for gambling concessions. The contract was...

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Popes have no faith in gay marriage

THE Vatican has issued an unprecedented religious text co-written by Pope Francis and his predecessor Benedict XVI in which the two popes said faith should serve the "common good" but restated their opposition to gay marriage. Francis paid tribute...

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New home sales continue recovery

Sales of new homes rose 1.6 per cent in May, new industry figures show. Source: AAP SALES of new homes are continuing their rise from the lows experienced in 2012. New home sales rose for the fourth month in a row, with a 1.6 per cent...

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S&P cuts Barclays, Credit Suisse, Deutsche

Standard & Poor's has cut the credit ratings for Barclays Bank, Credit Suisse and Deutsche Bank. Source: AAP RATINGS agency Standard & Poor's has lowered the long-term counterparty credit ratings of Barclays Bank Plc, Credit Suisse...

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Rudd reckons Abbott lacks 'ticker'

PRIME Minister Kevin Rudd suspects Tony Abbott lacks the "ticker" to debate him on key policy areas. Mr Abbott has been "lying" to the Australian people about the state of the economy, his ability to turn back asylum seeker boats and the impact...

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Road tolls would reduce traffic: report

TOLLS and congestion fees may be the answer to reducing traffic and improving the state of Australian roads. An Infrastructure Australia (IA) report, released on Tuesday, argues there is reduced accountability for governments to provide quality...

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Patents keep HIV drugs too pricy

DOCTORS Without Borders is warning that rising intellectual property rights are blocking the generic production of newer drugs to treat HIV and are keeping them out of reach of developing countries. The medical aid group said at an international...

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Opposition does not support military coup

EGYPT'S main opposition coalition said it would not support a "military coup" and trusted that an army statement giving political leaders 48 hours to resolve the current crisis did not mean it would assume a political role. "We do not support...

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Rights groups calls for borders to open

TURKEY, Jordan and Iraq must fully reopen their border crossings to allow thousands of Syrians fleeing their country's war to seek refuge, Human Rights Watch said on Monday. "Iraqi, Jordanian, and Turkish border guards are pushing back tens of...

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Man stabbed in head during Brisbane fight

A MAN has been stabbed in the head during a fight in central Brisbane. The 27-year-old was taken from the scene of the fight on Mary Street to Royal Brisbane Hospital with non life-threatening injuries in the early hours of Monday, police say....

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EU probes banks on credit trading

THE European Commission says many of the world's largest investment banks appear to have colluded to block attempts by exchanges to trade and offer more transparent prices for financial products known as credit derivatives. The commission, the...

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Pakistan backing Afghan peace efforts

British Prime Minister David Cameron has arrived in Pakistan for talks on the Afghan peace process. Source: AAP PAKISTAN has assured visiting British Prime Minister David Cameron that it will promote efforts to reach a peace deal in neighbouring...

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EU alarmed over alleged US bugging

A top EU official says ties with the US could suffer over a report that America bugged EU offices. Source: AAP A "SHOCKED" European Union is angrily awaiting explanations from Washington following allegations of US spying on EU offices, which...

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Crowds gather for anti-Morsi rallies

Egypt is bracing for mass protests as President Mohamed Morsi's opponents determine to oust him. Source: AAP EGYPT is bracing for mass rallies with President Mohamed Morsi's opponents determined to oust him and his Islamist supporters vowing...

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