U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Gross domestic product expanded... Read more »
Kraft Foods Group Inc, the maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett’s Berkshire Hathaway Inc, to form North America’s third-largest... Read more »
Global innovation has become a three-horse race. Three countries—the US, Japan and China—accounted for over 60% of patent applications in 2014, according to a report released by the World Intellectual Property Office (WIPO) today. The... Read more »
By Stuart Harris Australia’s foreign policy has been a mix of positives and negatives under the Liberal-National Coalition government, as was true of the previous Labor government. Former prime ministers Gough Whitlam... Read more »
By Zaki Abbas Shah The internet has tremendously transformed the way the retail business is done all over the globe and now it’s doing the same in countries like Pakistan. In recent... Read more »
Australian government teams up with the ANZ bank to work Financial literacy, Women empowerment, Joint financing of infrastructure Sydney – Foreign Minister Julie Bishop today (Feb. 18) signed a memorandum of understanding... Read more »
Assistant Minister for Immigration and Border Protection, Senator the Hon Michaelia Cash announced that since the Coalition came into Government, over $3 billion has been invested in the Australian economy through the... Read more »
New South Wales is on the cusp of becoming a half-trillion dollar economy. State Treasurer, Andrew Constance, says NSW has become a half a trillion dollar economy with investments in jobs, housing and infrastructure... Read more »
Sydney (Media Release): Despite reports that surging prices have sidelined first-home buyers from the Sydney property market, the majority of apartments in Vivid at Discovery Point have been snapped up by those... Read more »
Australia’s central bank has cut interest rates for the first time since 2013 SYDNEY — The Reserve Bank of Australia (RBA) has cut its benchmark interest rate to a record low of 2.25... Read more »
By Oliver Theobal With the announcement of the recently concluded China-Australia Free Trade Agreement (CHAFTA) between Australia and China, followed by the Labor Party’s Asian Century White Paper and the Liberal Party’s... Read more »
By Nick Cunningham The death of Saudi Arabia’s King Abdullah made international headlines on January 22, raising questions about the future of the Middle East. News of his death briefly rattled the... Read more »
MELBOURNE – Australia’s economic ties with India can be greatly enhanced and an FTA deal be signed if the two governments were willing to strengthen the people-to- people linkages, Australia’s Parliamentary secretary said... Read more »
By Abdul Aziz Uqaili, Consul General & Trade Commissioner of Pakistan in Australia @ Sydney; In last five years, the volume of bilateral trade between Australia and Pakistan has ranged between $550... Read more »
Oxfam warns of widening global inequality gap The combined wealth of the richest 1 percent will overtake that of the other 99 percent of people next year (2016) unless the current trend... Read more »
Greater Western Sydney Giants Football Club was named as the winner of the Big Business Award at the Australian Multicultural Marketing Awards for its success in promoting the Aussie Rules Football to... Read more »
Tony Abbott and Chinese president Xi Jinping have officially concluded negotiations over a historic Free Trade Agreement (FTA), which will deliver at least $18 billion over a decade that maintains full scrutiny of... Read more »
Australia and India to boost trade, investment, energy and security partnership after a gap of 28 years Melbourne – In the first trip to Australia by an Indian Prime Minister in 28 years, Prime Minister... Read more »
Chiba to be gateway for Malaysian Halal products into Japan Japan will be the latest country to import Malaysian halal food products, which are known for their freshness and hygiene. Malaysia and... Read more »
China-Led Infrastructure Bank set to start work before end of 2015 Twenty-one Asian countries have signed an intergovernmental memorandum of understanding for establishing a new multilateral bank to finance infrastructure projects in... Read more »
The British-Australian company Rio Tinto Mining & Exploration Ltd. (Rio Tinto) started exploratory drilling for copper at the prospective Gava area in Uzbekistan’s Namangan region in July 2014, the company’s general manager... Read more »
The Australian government is suggesting coal imports from Australia are likely to be exempt from China’s recently-launched new import tariffs, reports from Beijing says. Australian Treasurer Joe Hockey has made the statement... Read more »
APEC Finance Ministers’ Meeting Beijing, China – Finance Ministers from across the Asia-Pacific aim to strengthen and deepen cooperation by tackling structural barriers in order to improve economic activity and quality growth, enhance... Read more »
Minister for Aboriginal Affairs Victor Dominello has introduced legislation to empower the State’s 120 Aboriginal Land Councils by improving accountability, efficiency and economic capacity as well as helping to ease the backlog... Read more »