Australian inflation came in ahead of forecasts Wednesday, rising a seasonally adjusted 1.2 percent in the September quarter as electricity prices jumped following the introduction of a pollution tax.

Australia will set up a foreign-ownership register for farm lands, Prime Minister Julia Gillard said on Tuesday, as the government moves to ease public concern over foreign buyers in the agriculture sector, particularly Chinese.

Australia on Monday cut its growth and budget surplus forecasts as worsening global conditions hurt revenues in the mining-driven economy.

Australia's mineral-rich state of Queensland reversed a decades-long ban on uranium mining Monday, citing rekindled interest in the nuclear fuel after Canberra gave the go-ahead to exports to India.

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) ...