Australia is one of the world's biggest coal producers

Australia approves controversial India-backed coal mine despite environmental concerns

Australia’s government has given its approval on Thursday for one of the world’s biggest coal mines to be built by India’s Adani Mining in Queensland despite environmentalists’ fears that the project threatens the... Read more »

Indonesia recorded a trade surplus of US$433.8 million in August

JAKARTA – Indonesia recorded a trade surplus of US$433.8 million in August, with exports reaching US$12.78 billion and imports at US$12.27 billion. The volume of trade also recorded a surplus of 28.94 million... Read more »

Andrew Robb in Indonesia to promote trade and investment

Trade and Investment Minister Andrew Robb is on a visit Jakarta to enhance our trade and investment relationship with Indonesia. Prime Minister Malcolm Turnbull felt it was important that the planned visit proceeds... Read more »

Foreign Minister Bishop signs MOU with Australian Fashion Chamber

Early this week, the Minister for Foreign Affairs, the Hon Julie Bishop MP, signed a Memorandum of Understanding (MoU) between the Department of Foreign Affairs and Trade and the Australian Fashion Chamber... Read more »

FIRST SOCIAL BENEFIT BOND DELIVERs strong return to investors

CANBERRA — Australia’s first Social Benefit Bond is continuing to support vulnerable families in its second year of operation while delivering strong returns to investors. Announcing the second year results for the... Read more »

Australia to explore opportunities created by Free Trade Agreement with China

SYDNEY — Trade and Investment Minister Andrew Robb will visit Kuala Lumpur from 23 to 24 August and Hong Kong from 25 to 26 August, and will lead a senior business delegation... Read more »
Nikkei goes global with Financial Times takeover

Japan’s Nikkei goes global with Financial Times takeover

Japan’s biggest-ever foreign media acquisition costs $1.3 billion TOKYO: Japanese media giant Nikkei’s surprise acquisition of the Financial Times for $1.3 billion underscores its goal to be the voice of Asia on economic affairs... Read more »

Toshiba CEO resigns over $1.2 billion accounting scandal

Toshiba CEO Hisao Tanaka resigned on Tuesday, according to CNN, after an internal investigation that revealed the company had been massively overinflating its profits. Norio Sasaki, vice chairman of the board, and... Read more »

Australia’s Aid for Trade aimed at creating jobs and building livelihoods

Australia has announced a new strategy to increase the impact of Australia’s aid for trade investments by driving sustainable economic growth and poverty reduction in developing countries in the Indo-Pacific region. Australia... Read more »

Australia to contribute $930 million to Asian Infrastructure Investment Bank, Joe Hockey says

Australia will become a founding member of the Asian Infrastructure Investment Bank (AIIB), Treasurer Joe Hockey has announced. The decision comes after extensive discussions between the Government, China and other key partners... Read more »
Australian Prime Minister Tony Abbott and Chinese Trade Minister Gao Hucheng attended the signing ceremony Wednesday in Canberra.

Australia, China sign landmark free trade agreement

Trade deal termed milestone in Australia and China bilateral relations Australia and China have signed a landmark free trade agreement after more than a decade of negotiations, providing a boon for jobs and... Read more »

Top 50 highest-rated CEOs in America as judged by their employees

America’s Favorite Bosses In 2015 Glassdoor, the careers website, has just released its third annual Employees’ Choice Awards for the Highest Rated CEOs. The survey is based solely on the input of employees who anonymously and voluntarily... Read more »
Drone

Australian businesses will soon be able to use drones without a licence

A relaxation in drone rules should see more Australian businesses take to the skies. By Chris Griffith Australia’s Civil Aviation Safety Authority (CASA) will relax restrictions on lightweight drones used for commercial... Read more »
Jakarta skyline

Indonesia seeks to shift towards green economy

The high initial investment in green infrastructure and limited state budget is a major deterrent. Jakarta is thus inviting private sectors to chip in as the country attempts to shift towards a... Read more »

Australian sharemarket sinks for sixth day straight

Share market hits first six-session run of losses since December last year The Australian stock market looks set to open lower, following falls on Wall Street overnight. At 0654 AEST on Tuesday,... Read more »
Yahoo CEO Marissa Mayer

These are America’s top 10 highest-paid Women CEOs

NEW YORK (United States) – Female CEOs are outpacing their male colleagues in pay, although they remain vastly outnumbered in the top echelons of American companies. Last year, the median pay for women... Read more »
Robotic arms rivet floor panels together at Ford's Kansas City Assembly Plant where the new aluminum intensive Ford F-Series pickups are built in Claycomo, Missouri May 5, 2015. REUTERS/Dave Kaup

Ford and GM could be ready to shift into high gear on stronger sales

Shares of U.S. automakers may finally be able to accelerate. Investors are closely awaiting next week’s May sales data, expected to come in near record levels. Meeting those forecasts could be enough... Read more »

China’s yuan no longer undervalued, says IMF

China’s currency “is no longer undervalued”, according to the International Monetary Fund (IMF). The US has long suggested that China has manipulated the value of the yuan to boost its exports. Undervaluation... Read more »
Director of Western Sydney Parklands Suellen Fitzgerald.

New Western Sydney Parklands business hub to protect nature and provide jobs

The new business hub will help to protect the 5820-hectare parklands by supporting the environmental improvements in the parklands. Construction could start as early as December 2016 and will create about 500 building jobs.... Read more »

The products most Googled in every country of the world in one map

In popular culture, certain countries are stereotypically associated with certain products — beer in Germany, carpets in Turkey, electronics in Japan. But those things aren’t what people are really searching for. Earlier... Read more »
Toyota and Mazda are reported to be considering a comprehensive partnership in environmentally friendly technolog

Toyota and Mazda eyeing alliance on green car technology

Japanese automakers Toyota and Mazda are reported to be considering a comprehensive partnership in environmentally friendly technology as the world’s regulators demand cuts to greenhouse gas emissions and competitors roll out greener vehicles.... Read more »

China overtakes US as Australia’s largest foreign investor

China swamps US as top foreign investor in Australia after $12b property splurge China has become Australia’s biggest source of approved foreign investment for the first time after a $12.4 billion splurge on... Read more »

Deutsche Bank in record $2.5bn fine over interest rate manipulation

Deutsche Bank has been fined $2.5bn (£1.66bn) by US and UK regulators for trying to manipulate interest rates. The German bank has been fined $2.1bn by US regulators, and £227m by the... Read more »

China and Pakistan launch economic corridor worth $46 billion

ISLAMABAD, (Pakistan) — China and Pakistan launched a plan on for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China’s economic ambitions in Asia and beyond.... Read more »