Posts Tagged ‘Australia’

Australia, HK among 4 riskiest housing markets

SYDNEY • Housing market dangers are “especially acute” in Australia, Hong Kong, Canada and Sweden, Oxford Economics said, noting this has historically ...

Australia’s politics sends business confidence tumbling

SYDNEY • Australian business confidence slumped to a two-year low in August, a period marked by upheaval in the government that saw Malcolm Turnbull ousted ...

Morrison’s 4 key challenges to make up ground in Australia

Polls now show ruling Liberal-National coalition trailing main Opposition Labor party by double digits
By Jason Scott & Hans Lee / BLOOMBERG Nine ...

Australia holds key rate as sliding currency spurs growth

By BLOOMBERG
SYDNEY • Australia kept interest rates at a record low yesterday, as it has for the past two years, while a currency sliding toward 70 US ...

Australia, Indonesia seal talks on FTA

JAKARTA • Indonesia and Australia announced the conclusion to talks on a free trade agreement (FTA) as the Pacific neighbours attempt to boost economic ...

For the world’s super rich, litigation funding is the new black

We believe there is a large amount of capital looking to enter this market, says analyst
Sydney • When shares of AMP Ltd plunged earlier this year ...

New Aussie PM Morrison unveils unity Cabinet

Sydney • New Australian Prime Minister (PM) Scott Morrison unveiled his first Cabinet yesterday as he sought to unify the Liberal Party and reassure the ...

Australia holds key rate at record low

By BLOOMBERG
SYDNEY • Australia held its interest rate at a record low as the central bank delivered a more sobering take on the global economy. ...

Tien Wah returns to profitability in 2Q

By TMR
Tien Wah Press Holdings Bhd made a profit for its second quarter ended June 30 this year (2Q18) due to the absence of expenses related to the ...

Bonuses soar for Australia CEOs as workers struggle for pay

Sydney • Surging bonus payments have pushed pay for Australia’s CEOs to a record high, at the same time stagnant wage growth prevents the bulk of the ...

China blames Australia for strained relations as trade suffers

CANBERRA • China has issued a fresh rebuke to Australia as tensions between the two nations continued to simmer, with Foreign Minister Wang Yi blaming its ...

Harbour makes final RM43.6b Santos offer

SYDNEY • Harbour Energy Ltd made a final sweetened bid of US$10.9 billion (RM43.6 billion) for Santos Ltd, claiming support from the Australian oil and gas ...