Time is an American news magazine. A European edition, Time Europe, is published from London. Time Europe covers the Middle East, Africa and, since 2003, Latin America. An Asian edition, Time Asia is based in Hong Kong. The South Pacific edition, covering Australia, New Zealand and the Pacific Islands, is based in Sydney. Time is the world's largest weekly news magazine, and has a domestic audience of 20 million and a global audience of 25 million.