Wednesday, February 6, 2013
Australia's central bank left official interest rates on hold Tuesday, saying downside risks to the global economy appeared to have abated, particularly in China, Europe and the United States.
Tuesday, February 5, 2013
Australian flag-carrier Qantas Monday announced plans to broaden its reach in Asia as part of a strategy to turn around its struggling international arm, with several extra destinations being considered.
Wednesday, January 30, 2013
Electronics giant Philips on Tuesday reported 2012 net profits of 231 million euros (US$311 million), after losses of 1.29 billion euros in 2011, and announced the sale of its entertainment business to focus further on health products.
Tuesday, January 29, 2013
Taiwan's central bank yesterday approved an application by the Taipei branch of the Bank of China to be the renminbi clearing bank on the island.
Saturday, January 26, 2013
The seven Japanese survivors of the Algerian hostage crisis, and nine of the ten dead, arrived back in a shell-shocked Japan Friday as the prime minister spoke of the nation's “deepest grief.”
Friday, January 25, 2013
Australian resources firm Linc Energy said it had uncovered a huge oil deposit in the nation's vast outback in a discovery hailed Thursday by officials as worth some AU$20 trillion (US$21 trillion).
Thursday, January 24, 2013
Australian inflation came in lower than expected Wednesday, climbing a seasonally adjusted 0.5 percent in the December quarter and raising speculation about an interest rate cut.
Wednesday, January 23, 2013
A tropical storm intensifying off Australia's northwest coast brought nearly half the world's iron ore trade to a halt on Tuesday, idling huge ports used by miners Rio Tinto and BHP Billiton.
Saturday, January 19, 2013
China's economy grew at its slowest pace in 13 years in 2012, the government said Friday, but an uptick in the final quarter pointed to better news ahead for a prime driver of the tepid global recovery.
Friday, January 18, 2013
Australia's unemployment rate jumped to 5.4 percent in December, data showed Thursday, with a net 5,500 jobs lost as the mining-powered economy slows and manufacturing struggles.