Oceania

China, Australia Roll Out 5-Year Visas to Citizens for Business, Tourism

China and Australia will now offer each other's citizens multiple-entry visas valid for up to five years.


Surge of Chinese EVs in Australia Sparks Dumping Concerns, Up to 50 Brands Expected by 2030

The influx of Chinese electric vehicles into the Australian car market, potentially reaching up to 50 brands by 2030...

Australia Detects Bird Flu in Victorian Egg Farm, Plunging Area to Lockdown Amid Fears Strain Could be Similar to What Causes Mass Poultry Deaths Worldwide

Bird flu has been detected at an Australian egg farm, putting it on lockdown amid worries that it is a strain causing catastrophic poultry deaths and the potential source of the next global pandemic...

Australian Telco Giant Telstra to Cut 2,800 Jobs by End of 2024 to Keep on Competitive Landscape

Telstra announced that it will cut 2,800 jobs by the end of 2024, especially products and services in its enterprise business...


Latest News

Interest growing in emergency health fund: World Bank
The head of the World Bank said on Friday the idea of establishing a global emergency fund that could quickly respond to a health crisis has received interest and funds for it could be raised on the i
Ukraine takes center stage as leaders gather for G20 summit
The G20 leaders summit in Australia starting on Saturday is setting up as a showdown between Western leaders and Russian President Vladimir Putin, following fresh reports of Russian troops pouring int
Australia's UGL finalizes DTZ sale, reveals project cost blowout
Australian engineering firm UGL Ltd (UGL.AX) ended one fraught chapter and started another on Thursday as it finalised the years-long $1.1 billion sale of its DTZ property arm and revealed delays and
Australia jobs rebound, A$ still hits four-year trough
Australian employment rebounded in October to keep the jobless rate steady at 6.2 percent, though lingering concerns about the reliability of the data still led investors to sell the local dollar to f
Transfield wants trading freeze, hush clause before negotiating with Ferrovial
Australia's Transfield Services Ltd (TSE.AX), which runs the country's offshore refugee detention centers, said it won't negotiate with Spain's Ferrovial SA (FER.MC) over a $873.60 million takeover ap
Coca-Cola to buy 29 percent stake in Indonesian unit for $500 million
Coca-Cola Co (KO.N) will help out Australian affiliate Coca-Cola Amatil Ltd (CCL.AX) by taking a minority stake in a struggling Indonesian unit for $500 million.
Adani taps Morgan Stanley to help sell Australia port stake
India's Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion)
Australia's CSL buys Novartis influenza vaccine unit for $275 million
Australia's CSL Ltd (CSL.AX), the world's largest blood products company, said on Monday it had agreed to buy Novartis AG's (NOVN.VX) global influenza vaccine business for $275 million.
Australia's Cabcharge says rebuffs M&A talk from NY-listed FleetCor
Cabcharge Australia Ltd (CAB.AX), the country's only listed taxi payment company, said it had rebuffed an approach from FleetCor Technologies Inc (FLT.N) to buy its core payments business.
Australia seeks to raise up to $4.8 billion in Medibank IPO: prospectus
Australian state-owned health insurer Medibank Private said it is planning an IPO that is seeking to raise between A$4.3 billion to A$5.5 billion ($3.7 billion to $4.8 billion).
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