Fed Chairman Ben Bernanke testifies before Congress | Reuters.com
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Fed Chairman Ben Bernanke testifies before Congress

Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank still expects to start scaling back its massive bond purchase program later this year. He'll face more questions from lawmakers during his semiannual two-day appearance before Congress. Follow his testimony live:

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Australia defends its handling of French submarine deal

SYDNEY (Reuters) -Australia defended its scrapping of a deal for French submarines on Sunday, saying the government had raised concerns to Paris for months, as a new deal with the United States and Britain continued to fuel a multinational diplomatic crisis.