ABC NewsMail - Afternoon Edition

NewsMail Afternoon Edition Thu 19 Dec, 2013 Top Stories More Top Stories » Body believed to be missing Korean man found in shallow grave Police have found a body believed to be a missing Korean man in a south-west Brisbane park. The body was found a short time ago in a shallow grave on Dakar Road at Algester. It is believed to be that of of 28-year-old Min Tae Kim, who was reported missing on Monday. He was last seen at his home at Cannon Hill in Brisbane's south-east on Monday, and his flatmate has told police Mr Kim had arranged to exchange $15,000 to Korean currency with someone he met online on the afternoon he disappeared. Mr Kim's disappearance comes less than a month after South Korean student Eunji Ban was murdered in an inner Brisbane park. More » Cafferkey's killer loses bid to reduce life sentence Abbott vows new measures to make adoption easier Strep infection claims child's life in Brisbane hospital Scorcher sees fire bans across southern Australia RSPCA workers up to their knees in chihuahuas after 45 dogs handed in England's Graeme Swann apologises for comment comparing Ashes loss to rape More Analysis » These falls may be just the beginning for the AUD Instead of cutting rates, the Reserve Bank has been trying to talk down the Australian dollar in order to provide a boost to the international competitiveness of local businesses. This mission has just been given a boost by the US Federal Reserve's decision to start winding back its so-called quantitative easing program. As the US economy improves, and the Fed pumps less greenbacks into the global financial system, the US dollar is likely to keep appreciating, therefore pushing the Australian dollar down against it. More » The opportunistic embrace of free speech Tim Wilson and the balancing act of human rights Fear of missing out drove our Ashes success Hockey is saving the good news for May All Hockey wants for Christmas is a lower dollar Ashes: the urn is home for Christmas Those income tax cuts aren't looking so good now Prepare for a cheaper, slimmer NDIS Is time up for Australia's uranium industry? Just In More Just In » Family competes for Lord Howe Island record in dangerous mountain race A family of marathon runners will be among a group competing in a friendly but dangerous race to the top of Mount Gower on the tourist magnet Lord Howe Island. More » RSPCA workers up to their knees in chihuahuas after 45 dogs handed in Body believed to be missing Korean man found in shallow grave Deaf man claims unlawful sacking by BHP and contractor Baby steps as Greens, Coalition discuss parental leave Barista awarded $600k compensation after arm turned blue Qld Government opens bidding for Brisbane riverfront project Australian accused of defaming Thai navy Woman wins defamation case against Ray Hadley Cafferkey killer loses appeal bid World More World » Review urges wide-ranging overhaul of NSA A review board set up following revelations of vast US surveillance programs has called for a wide-ranging overhaul of National Security Agency practices while preserving "robust" intelligence capabilities. More » Facebook must face lawsuit for misleading investors, judge rules Lostprophets singer jailed for 35 years for child sex abuse Australian dollar drops as US Fed decides to scale back economic stimulus Indian diplomat moved to UN for immunity Former Egyptian president Morsi to stand trial for 'espionage' Business More Business » Australian dollar drops as US Fed decides to scale back economic stimulus By business editor Peter Ryan and Pat McGrath The Australian dollar has touched a three-year low against the greenback after the US Federal Reserve said it would begin scaling back its massive stimulus program next month. It then rebounded, jumping to as high as 89.45 cents as investors began to digest the details of the announcement. The Fed will reduce its monthly asset purchases by $US10 billion from January, bringing them down to $US75 billion. It is the central bank's first step towards winding back the stimulus that has helped the US recover from its worst recession since the 1930s. More » NAB warns against financial new regulation Concern over SPC assistance grant Facebook and Zuckerberg must face lawsuit for misleading investors, judge rules ACCC warns consumers of parcel scams over Christmas Politics More Politics » Baby steps as Greens, Coalition discuss parental leave The Greens are understood to have had a preliminary conversation with the Federal Government about a new paid parental leave scheme. More » Valuation review questions Ayers Rock Resort buy Abbott vows new measures to make adoption easier Auto roundtable hammers out SA manufacturing future Gove calls for help similar to Holden aid plan Sport More Sport » Swann causes storm comparing Ashes loss to rape Graeme Swann has caused a storm, with a post on social media comparing England's Ashes loss to rape. More » Australian cyclist Rogers has positive doping test Talented Kyrgios seems assured of Australian Open wildcard Eagles player Murray Newman found guilty of nightclub assault Matt Prior facing Ashes axe as England seeks answers Sharks forward Fifita eyes shift to union: report Science and Technology More Science and Technology » Experts warn against experimental stem cell treatments By medical reporter Sophie Scott and Alison Branley Patients who undergo experimental stem cell treatments run the risk of serious injury, experts have warned. More » 3D printed horseshoe breakthrough Study shows how parents lose perspective on child size Wotif.com share plunge after profit downgrade Diamonds found in volcanic rock in Antarctica Environment More Environment » 'Good neighbour' payments on offer near wind turbines Residents close to a proposed 120-turbine wind farm east of Adelaide can apply for 'good neighbour' payments if they back the project. More » Outrage as environmental lawyers lose funding Victorian cattlemen push to reopen high country grazing Kerry returns to Vietnam's Mekong Delta to address climate change issues Bailed Greenpeace activists not able to leave Russia About this email You received this email because you are subscribed to ABC News email alerts. This message was sent to you at starnewsposting@gmail.com Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. This email address is not monitored - Please don't reply to this email. Manage your preferences | Unsubscribe | Contact Us   This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007 © 2013 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters