Friday, June 13, 2014
Australia's unemployment rate remained steady at 5.8 percent for the third straight month in May, data showed Thursday, with the total number of jobs falling in a mixed outlook for the economy.
Wednesday, June 11, 2014
Renewed optimism about the global economy helped push most Asian stock markets higher Tuesday.
Tuesday, June 10, 2014
Shares in Taiwan ended slightly higher Monday amid consolidation mode in the absence of clear trading cues, dealers said.
Monday, June 9, 2014
Gap Inc. has announced plans to produce clothing in Myanmar, the first American retailer to enter the market since the Southeast Asian country began its transition to democracy three years ago.
Thursday, June 5, 2014
Surging mining exports powered the Australian economy to better-than-expected 1.1 percent growth in the first quarter of the year, data showed Wednesday, but Treasurer Joe Hockey said he was also encouraged by a pick-up in other sectors.
Wednesday, June 4, 2014
Australia's central bank on Tuesday left interest rates on hold at a record low 2.5 percent as it sounded a cautiously optimistic note on the economy's transition away from mining-led growth.
Tuesday, May 27, 2014
Three of the world's biggest miners have warned that government taxes, high costs and a strong currency are putting pressure on their Australian operations, reports said Monday, as they battle falling commodity prices owing to a supply glut.
Monday, May 26, 2014
When the value of his US$20 million portfolio plunged in the 2008 global financial crisis, luxury car enthusiast Gerard Tan followed a growing trend among Asia's elite investors by turning to an independent adviser for help.
Wednesday, May 21, 2014
Australian Prime Minister Tony Abbott warned Tuesday the country could lose its coveted AAA credit rating if the tough measures in his government's maiden budget are not adopted.
Tuesday, May 20, 2014
Global mining giant Rio Tinto says it is set to finalize a US$20 billion deal to develop the world's biggest untapped iron-ore deposit in Guinea later this month following years of delays.