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The 10 most important things in the world right now Hello! Here's what's happening on Wednesday.

Malcolm Turnbull dumps tax cuts for big companies in another policy capitulation He says he won't take the extension of company tax cuts to the next election.

Bitcoin just spiked by $US300 in one minute when a big trading platform went offline Bitcoin prices jumped by as much as 7% almost instantly.

The citizen scientists were right - mystery light phenomenon STEVE is no aurora It coule maybe be an "entirely new celestial phenomenon".

The RBA 'would like to be more confident' that inflation growth will meet its target Competition in retail, low inflation for housing rentals and low wage growth were cited as three key forces behind it.

Here's the court document outlining the charges against Michael Cohen  He reached a deal with prosecutors to plead guilty to eight federal crimes.

Facebook says Iran-backed accounts pretended to be news organisations to spread information and to launch cyber attacks Facebook says it removed 652 Pages and accounts on its services that it linked to Iran, as well as numerous Russia-linked accounts involved in inauthentic behaviour.

A Harvard professor just busted the myth that coconut oil is good for you, calling it 'pure poison' It may not be as good for you as you first thought.

Uber drivers are holding another nationwide strike in Australia today Uber drivers say constant changes to the way they're paid by the ridesharing app is making their job uneconomic.

10 of the best restaurants in Melbourne for Father's Day on any budget Father's Day is just around the corner.

I visited Singapore, the outlandishly wealthy setting of 'Crazy Rich Asians,' and was surprised by how much fun you can have even without billions If you do as the Singaporeans do, you can easily have a blast in the city without breaking the bank.

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