By Marcus Leach

Following Rupert and James Murdoch's appearance before the Culture Committee on Tuesday shares in News Corporation rose.

Shares rose by 5.5% on the New York exchange, and 5% in Sydney following a period of uncertainty.

The duo answered questions from MPs relating to the phone-hacking scandal on Tuesday, and despite an attack on Rupert Murdoch, remained calm throughout.

However, pressure on the company has continued, with more shareholders questioning the company's standards.

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