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

Macquarie in exclusive talks to buy planes from lessor AWAS for more than $4 billion: sources
Australian bank Macquarie Group Ltd's aircraft leasing subsidiary is in exclusive talks to buy a portfolio of new planes from Dublin-based lessor AWAS for more than $4 billion, according to people fam
Euro dives to nine-year low as U.S. dollar surges
The euro tumbled to its lowest since early 2006 in Asia on Monday as a wave of stop-loss sales were tripped on the break of major chart support, sending the U.S. dollar flying higher against a range o
China factory slowdown a force for disinflation, Asia faces softer demand
China's growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from B
Euro starts new year at new lows in Asia
The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, so underlining the
China stocks top performers in 2014, oil plunges, dollar sees best gain in nine years
Chinese stocks were celebrating their best year in five on Wednesday while markets elsewhere in Asia were ending 2014 on a cautionary note as worries about Greece's future in the euro zone served as a
Australian cinema chain Hoyts sold to Chinese investor Sun Xishuang
Australia's Hoyts Group said on Tuesday it has been sold by its private equity owner Pacific Equity Partners (PEP) to an investment vehicle set up by Chinese entrepreneur Sun Xishuang.
Asia encouraged by Wall Street bounce, upbeat Fed
Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy
Investors take cover amid Russia crisis, oil slide
An uneasy calm settled on Asian markets on Wednesday as a brewing financial crisis in Russia and the rout in oil prices sent investors scurrying for the cover of top-rated bonds.
After conquering iron ore, BHP and Rio move to dominate in copper
Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the $140 billion world market, apparently aiming to squeeze out high-cost producers just as they di
Australian tech listing boom raises red flags
Australia is experiencing a record-shattering boom in technology listings as start-ups starved of venture capital funding pursue backdoor listings, a trend that has regulators concerned companies are
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