A powerful cyclone hits northeast Australia, causing massive damage and causing flash flooding, while a second storm made landfall to the west.
European stock markets closed mixed on Tuesday as fears over Greece's debt problems continued to make investors nervous.
European equities ended higher Friday with investor sentiment boosted by better-than-expected growth numbers.
Asian markets opened mixed on Friday as a stronger yen curbed risk appetite in Tokyo, while a strong close on Wall Street boosted sentiment elsewhere.
European equities ended higher on Thursday as investors cheering a peace deal agreed between Ukraine and Russia.
"Yes we look at build versus buy, ... but right now is not the time to go out and buying distressed assets," Rio Tinto CEO Sam Walsh tells CNBC.
Some of the names on the move ahead of the open.
Asian stocks traded mixed on Thursday, as euro zone finance ministers failed to reach a deal with Greece, while losses in oil prices overnight compounded the depressed sentiment.
European equities closed lower Monday as concerns over Greece's bailout program continue.
Asian stocks traded mixed on Monday, as a weak trade report from China over the weekend, along with a selloff in U.S. shares, depressed sentiment.
European equities were higher on Tuesday with a rally in the energy and basic resources sectors helping to push markets higher.
India's plans to attract foreign investment and technology to its coal sector are getting a cool response from some miners and trading houses.
Asian equity markets posted an upbeat performance on Friday, after the European Central Bank unleashed a massive stimulus package to resuscitate the euro zone.
BHP Billiton said it would cut its spending on shale drilling as it looks to meet its promise not to reduce dividends amid commodity price crashes.
European equities closed in positive territory on Tuesday amid speculation that the ECB will announce a full-scale bond-buying program on Thursday.
Asian stock markets traded higher late Tuesday, with sentiment supported by China's fourth quarter gross domestic product which beat expectations.
European equities closed largely higher on Monday, as investors look ahead to Thursday's European Central Bank meeting.
European equities were mostly higher on Friday, but Swiss stocks weighed on wider benchmarks.
Mining stocks sold off sharply on Wednesday, with Glencore falling to an all-time nadir, after copper plunged to a five-and-a half-year low.
Asian shares were mixed on Tuesday, as traders weighed a better-than-expected trade report from the mainland and the continued fall in global oil markets.