Latest Sydney News
Church says Cardinal Pell returning to Vatican in crisis
CANBERRA, Australia (AP) — Cardinal George Pell, Pope Francis’ former finance minister, will soon return to the Vatican during an extraordinary economic scandal for the first time since he was cleared of child abuse allegations in Australia five months ago, a church agency said Monday. Pell will fly...
Australian offers free coffee, chat from his kitchen window
It all started when Rick Everett walked out of his home in Sydney and put up a sign on his kitchen window that read: “Free coffee to combat the virus.” It was March, and the Australian acrobat had lost his job during the coronavirus pandemic. With more free time, he felt he could help out others in...
Asian shares fall as caution sets in after Wall St retreat
Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential election and the...
Asian shares take breather after Wall Street gains
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped Wednesday in Japan, Hong Kong and Seoul but rose in Sydney after the government reported retail sales fared better than expected. Overnight, the S&P 500...
Asian shares track Wall Street retreat on pandemic pains
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Hong Kong's Hang Seng lost 0.3% to 23,894.72 and the Kospi in South Korea sank 1.7% to 2,348.24. The S&P/ASX 200 in Australia lost 0.6% to 5,787.00 and the Shanghai Composite index edged 0.1%...
Asian markets lower after Wall St declines for third week
BEIJING (AP) — Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in coronavirus infections. Benchmarks in Shanghai, Hong Kong and Sydney retreated. Japanese markets were closed for a holiday. On Friday, Wall Street’s benchmark...
Australian lawmaker's adviser challenges interference law
CANBERRA, Australia (AP) — A Chinese-born adviser to an Australian lawmaker has launched a constitutional challenge in Australia’s highest court against laws banning covert foreign interference in domestic politics, citing a burden on free speech. John Shi Sheng Zhang is also challenging the...
Thorpe, Freeman celebrate 20-year Sydney Games anniversary
Australians have such fond memories of the Sydney Olympics that officials brought back star athletes such as Cathy Freeman and Ian Thorpe to help celebrate the 20th anniversary. For good measure, they even re-lit the cauldron at Sydney Olympic Park. Freeman — by video link in Victoria state — and...
Former World Anti-Doping Agency chief John Fahey dies at 75
John Fahey had an impressive career in Australian politics and international sport. There were few people, if any, who had a bad word to say about him, a testimony to the New Zealand-born Fahey's genteel and always understanding demeanor. Fahey, a former president of the World Anti-Doping Agency and a key player...
Asian shares mixed after technology fall leads US stock fall
TOKYO (AP) — Asian shares were mixed Friday following a selloff of technology shares on Wall Street. Japan's benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading to 23,310.94. South Korea's Kospi dropped 0.8% to 2,377.92, while Australia's S&P/ASX 200 lost 0.8% to 5,860.50. Hong...
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