Hong Kong's second-richest man, Lee Shau Kee, is stepping down as chairman of Henderson Land Development, joining the ranks of the city's aging tycoons handing the reins to the next generation. The 91-year-old billionaire announced his retirement from the top post before the developer's annual meeting Tuesday. While he remains as an executive director at…

The Australian Competition and Consumer Commission, in opposing the proposed merger of Vodafone and TPG Telecom, has focused on the implications for competition if TPG doesn’t build the fourth mobile network. Perhaps it should have paid more attention on the implications for Vodafone if it did. As it happens, TPG, after the federal government banned…

Damaging winds that caused gusts of up to 90km/h in Sydney's CBD and up to 125km/h in the regions on Monday are likely to return on Tuesday in association with a new cold front, the Bureau of Meteorology has warned, after Sydney's seemingly endless summer came to an abrupt end. In Sydney, winds whipping through…

A heavily guarded Ivan Milat has been moved from a high-security ward in Sydney's Prince of Wales hospital to Long Bay Jail hospital in a convoy of three cars. The convicted serial killer has been in the Randwick hospital since May 13, when he was first transported from his cell at Goulburn supermax jail. He…

For a long time, my coming out story was not something I wanted to share. It would often bring me to tears. And, sometimes, to a dark place of self-harm and not wanting to live. Growing up in a traditional Christian home, I was terrified of coming out. As expected, my parents – who were…

Prime Minister Scott Morrison is aiming to put the government's $158 billion income tax cut to the new Parliament in the first week of July, as he urges his ministers to perform and warns his backbench against complacency. Mr Morrison set out the timeline at a Coalition meeting on Tuesday morning, where he hailed the…

Vienna: Chancellor Sebastian Kurz of Austria and his caretaker government were ousted from power on Monday with a no-confidence vote in Parliament, as the ramifications of a secretly filmed video added to the political disarray in a European country normally known for stability. Kurz launched his re-election campaign just hours later. Click Here: After about…

Fast food giant Domino's Pizza's shares have slumped to an almost four-year low over fears that slowing growth in sales and store rollouts will see it deliver lower than expected profits over the next two years. Morgan Stanley analyst Thomas Kierath on Tuesday cut his price target for the ASX-listed company's shares from $50 to…

Two young women walk out of the World’s End pub and disappear into the cold Edinburgh night. The next time anyone sees them, they are dead. Christine Eadie’s body will be found first, dumped on the sand dunes of Gosford Bay, just outside the Scottish capital. Helen Scott’s body is found later, a few kilometres…

The Morrison government is ramping up pressure on Labor to support a bipartisan approach to energy and emissions policy as it rebuffs critics of its climate change plan in industry and the environmental movement. Energy Minister Angus Taylor has dismissed calls from climate change groups to reach a deal on  Labor's proposals to cut greenhouse…