They're not wasting any time!

Naomi Watts and Liev Schreiber are having another baby!

Their first born, super cutie Alexander, isn't even a year old yet!

Watts is reportedly in her second trimester.

Congrats!

[Image via Mavrix Online.]

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Yes! Yes! Yes!

Naomi Watts killed it at the Costume Institute Gala at The Metropolitan Museum of Art in NYC on Monday night.

The Australian went for Old Hollywood and she nailed it!

It's as if she had something to prove, almost. She's trying to tell us, "I may be a mom now, but I'm still hot and know how to give the fierceness."

Yes you do, honey!

Update: Naomi was wearing vintage Thierry Mugler.

[Image via WENN.]

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Michelle Williams is breaking her silence about the untimely death of her beloved Heath Ledger.

The actress is speaking out in the new issue of Interview magazine. This is the first time she's talked publicly about Ledger since releasing a statement on February 1st.

Says Williams, "I think the interesting thing about Heath, which maybe people have only really fully discovered in his death, is how vulnerable he was. You can pick it up on it in his performances, but it’s easy to overlook because he was so physical and beautiful and strong and masculine,” she adds. “But there was always that underlying sensitivity. That’s who he was. He had a talent for everything that he put his mind to. He didn’t know limits."

Michelle also touches on Ledger’s history of sleeping issues.

“For as long as I’d known him, he had bouts with insomnia,” she says. “He had too much energy. His mind was turning, turning turning — always turning.”

Ledger's ex-girlfriend, fellow Australian Naomi Watts, also chats to the mag about the deceased star.

Says Watts, "I think he wanted to be someone who was doing the observing — not the one being observed. He hated not being able to go about his life in an ordinary way. But I think that, deep down, he enjoyed that he was being recognized for his talent. I think he was starting to own that and that's the deepest tragedy, in terms of his work. He was just beginning to own it and embrace it."

Adding some color, she says, "He was a huge, obsessive, chess freak – and very, very good at it."

R.I.P.

[Image via WENN.]

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She's such a proud momma!

Naomi Watts is all smiles as she returns home to Australia with her new son for one of the first trips back to her homeland since his birth.

Little Alexander Pete Scheriber is so cute, you just wanna pinch his cheeks!

Watts and son arrived at Sydney airport this past weekend for the 16th Annual Sony Tropfest Festival.

[Image by ICON via Fame Pictures.]

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Tom Hanks is making a sequel to the tepidly-received DaVinci Code.

Why?????

Naomi Watts has also been cast in the film, a "prequel" of sorts.

The movie, being directed by Ron Howard, should be released in 2009.

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Naomi Watts and Liev Schreiber show off their baby joy, newborn Alexander Pete, Saturday morning in Venice.

We want a baby! Perez is gonna be the gay Angelina!

[Image via Mavrix Online.]

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Congratulations to Naomi Watts and Liev Schreiber. The couple welcomed their first child together in Los Angeles on Wednesday, Life & Style weekly was the first to report.

No word yet on whether it's a boy or a girl.

It's probably a herm!

Update: It's a boy.

His name is Alexander Pete Schreiber.

[Images via Mavrix Online.]

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We think she's carrying twins!

Naomi Watts is ready to pop. The Australian actress has one of the biggest baby bumps we've ever seen.

The very pregnant Watts held a baby shower at her mansion in Los Angeles on Saturday.

Guests - like Kate Hudson (above) - nibbled on food, drank tea and lounged on pillows and mats around the garden and pool at Naomi's Brentwood home.

Daddy-to-be Liev Schreiber made a brief cameo, but this party was mainly a girly affair.

[Images via Mavrix Online.]

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Naomi Watts seems to be enjoying a healthy pregnancy.

The actress showed off a very sizable baby bump while running errands in Los Angeles on Thursday.

Liev's lady, dressed in the finest maternity chic, stopped into the Brentwood Country Mart for a bite to eat and a little furniture shopping.

[Images via Pacific Coast News.]

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