Australia's unemployment rate rose to an near two-and-a-half-year high of 5.4 percent in September, data showed Thursday, but analysts said it was not as bad as the numbers suggested.

Australia's trade deficit blew out to more than US$2 billion in August, data showed Wednesday, with exports diving as China's slowdown hit the key mining sector, increasing pressure on the economy.

Australia's central bank on Tuesday cut interest rates to 3.25 percent, their lowest level since the global financial crisis, warning that the growth outlook for next year had weakened.

Asia's largest film festival rolls out the red carpet in South Korea on Thursday, offering a window into the region's cinema landscape and a rare screening of a North Korean film.

Even with its economy cooling, India's car sales are forecast to go into overdrive, creating a huge challenge for the government to modernize the country's antiquated road network.

The joint event of 2012 Textile International Forum and Exhibition (TIFE 2012) and the third Asian Protective Clothing Conference (APCC) was kicked off by the Ministry of Economic Affairs' (MOEA, 經濟部) ...

Australia is positioned for decades of booming growth as the service center for a new middle class across Asia, Foreign Minister Bob Carr said Monday.

Labor Affairs Minister Wang Ju-hsuan (王如玄) yesterday alluded to her possible resignation when asked about plans to postpone the promised minimum wage hike.

Australia reported a slight narrowing of its deficit to AU$43.7 billion (US$45.4 billion) Monday but warned that plunging commodities prices were hitting plans to return to surplus next year.

A monetary union between New Zealand and Australia is not a practical option given the political and economic differences between the two countries, a joint government study said on Tuesday.