ABC NewsMail - afternoon edition

NewsMail Afternoon Edition Wed 03 Aug, 2011 Top Stories More Top Stories » Australian shares fall sharply on US dive Online business reporter Michael Janda The Australian share market has fallen steeply for a second straight day, after US shares dropped sharply on negative economic data. Local shares rallied on Monday after the announcement of the US debt deal, but doubts about its effectiveness meant there was no Wall Street rally on the adoption of the plan by Congress. The Australian dollar has tracked the market's losses as around $23 billion has been wiped off the value of Australia's top 200 listed companies.More » Court freezes Hicks's memoir royalties Sex abuse link to high rates of mental illness Axed Travolta sparks Qantas route fears Recovering Rudd's phone wiped by wife Father guilty of junior football match assault Authorities gain control of Gladstone bushfire Slain Australian 'had joined Libyan revolution' Security beefed up ahead of asylum boat arrival Mambo drops Mabo trademark dispute More Analysis » Driven to despair: the hidden homeless Tonight I'm sleeping in my car. Just like 50,000 or so other women and children. The crazy, drunk or our of control stereotype of a homeless woman, makes us feel better about ourselves because we think "that can never be me". It's terrifying, but many of us are only a couple of pay packets away from homelessness.More » Tea Party activists: heroes or villains? Nixon, Black Saturday and that resurgent mushroom risotto Chaplaincy challenge: a pre-hearing summary Breivik and the Muslim question How do we protect privacy in the digital age? 'Carbon cops' destined to join mega-regulators club The Karumba line The Norwegian massacre: the cost of xenophobia In praise of superstore shopping Just In More Just In » Axed Travolta sparks Qantas route fears The removal of a John Travolta safety video from Qantas flights has fuelled union fears that chief executive Alan Joyce is set to announce a major restructure of the airline that will include pilots' jobs being outsourced.More » Samsung, Apple clash over tablet computer Sex abuse link to high rates of mental illness Security beefed up ahead of asylum boat arrival Tough anti-bikie laws to be introduced in WA Father guilty of junior football match assault Victoria calls for national laws on match fixing Court bid to force release of plain packaging documents Services industry declines for 10th straight month Court freezes Hicks's memoir royalties World More World » New arrest in phone-hacking scandal Europe correspondent Rachael Brown, wires British police have made their 11th arrest in relation to the News of the World phone-hacking saga.More » US Senate passes bill to avoid debt default UN slams Syria's 'loss of humanity' Mubarak to face court over Egypt unrest Murdoch foam pie attacker jailed for six weeks Norway gunman asks for Japanese psychiatrist Gaddafi's son shuts door on rebel reconciliation MPs defect to dump Somare as PNG leader Business More Business » Australian shares fall sharply on US dive Online business reporter Michael Janda The Australian share market has fallen steeply for a second straight day, after US shares dropped sharply on negative economic data. Local shares rallied on Monday after the announcement of the US debt deal, but doubts about its effectiveness meant there was no Wall Street rally on the adoption of the plan by Congress. The Australian dollar has tracked the market's losses as around $23 billion has been wiped off the value of Australia's top 200 listed companies.More » Retail sales fall, surplus shrinks, dollar dives Services industry declines for 10th straight month Samsung, Apple clash over tablet computer New car sales fall again in July Internet rivals iron ore in economic value: report Tiger still grounded after hearing adjourned Insurance companies scrutinised over responses US Senate passes bill to avoid debt default Spending slowdown fuels Wall Street slump Politics More Politics » Tough anti-bikie laws to be introduced in WA The Attorney General Christian Porter says he will introduce tough new anti-bikie legislation in the coming weeks. More » Murray water reform delay under fire NBN heading for six new towns Greens demand action on Sumatra logging claims Gillard meets with News Limited editors Sport More Sport » Veteran Cornes pulls the pin Veteran Port Adelaide defender Chad Cornes has retired from the AFL after 13 seasons. More » No clear-cut bid contender: Gallop Cadel to be feted in Melbourne Ablett out of Geelong clash Woods feeling good ahead of return Science and Technology More Science and Technology » Telescope detects oxygen in space The European Space Agency's Herschel telescope has found the first confirmed evidence of oxygen molecules in space, according to a report published this week in the Astrophysical Journal.More » NBN heading for six new towns NASA gets close look at asteroid Vesta Half of European men 'share King Tut's DNA' Alleged LulzSec spokesman charged in UK Environment More Environment » Murray water reform delay under fire South Australia's Water Minister Paul Caica has been critical of a decision by the Murray-Darling Basin Authority to further delay release of its draft plan.More » Greens demand action on Sumatra logging claims Carbon tax protesters march in Sydney British PM praises Gillard's carbon tax Call to overhaul Wivenhoe rule book About this email You received this email because you are subscribed to ABC News email alerts. 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