Govt mulls $20bn defence deal with Japan
Australia is close to buying up to 10 submarines from Japan for as much as $20 billion in a move that would turn the north Asian country into a weapons exporter for the first time since World War II....
View ArticleIron ore, coal face chronic price pain: Calderon
Former senior BHP Billiton executive Alberto Calderon has warned Australia faces a permanent fall in prices for its major exports of iron ore and coal as growth in the Chinese economy becomes...
View ArticleIron ore price at new five-year low
The price of iron ore has again failed to find support in overnight trade, slipping further away from the $US85 a tonne mark.Benchmark iron ore for immediate delivery to the port of Tianjin in China is...
View ArticleUBS warns on China slowdown
Australia should be prepared for a significant slowdown in Chinese demand for raw materials and bouts of financial volatility as the US Federal Reserve prepares to lift interest rates, a senior...
View ArticleWhy Australia's relationship with Japan infuriates China
EconomyAustralian NewsJohn LeeThe week began with China’s Foreign Minister Wang Yi firing an opening shot at the Abbott government by declaring that his country “may not be Australia’s closest friend...
View ArticleWill Alibaba's unique formula impress investors?
EconomyChinaFergus RyanJack Ma has always been precocious. When the founder of China’s e-commerce giant Alibaba was only 12 years old he became interested in learning English. This desire was so great...
View ArticleAust personnel serve on Chinese ship
Two Australian Defence Force medics are aboard a Chinese navy hospital ship on a mission to deliver health services to Vanuatu and Papua New Guinea.The medical officers, one army and one navy, have...
View ArticleChina is Ikea's fastest growing market
Ikea, the world's largest furniture retailer, says its sales are growing globally, with China now its fastest growing market.The Swedish company says sales rose nearly 6 per cent to 28.7 billion euros...
View ArticleAlibaba sees mobile games as latest trove
As Alibaba Group kicks off a U.S. initial public offering that could raise as much as US$24 billion, the Chinese e-commerce company is charging into new areas to keep its growth momentum...
View ArticleChina deploys troops in South Sudan to defend oil fields, workers
China began deploying 700 soldiers to a United Nations peacekeeping force in South Sudan to help guard the country's embattled oil fields and protect Chinese workers and installations, a spokesman for...
View ArticleExports of French wine and spirits drop sharply
Exports of French wine and spirits dropped sharply in the first half of the year, hit by the dramatic slowdown of demand for pricey drinks in China, a setback for a key French export sector.Exports of...
View ArticleChinese not inflating house prices: ANZ
Asian investors are not to blame for rising property prices in Australia, says the head of ANZ's Australian operations.Property prices have leapt by more than 10 per cent in the past year, with...
View ArticleAsians buyers 'not to blame' for property prices
Asian investors are not to blame for rising property prices in Australia, says the head of ANZ's Australian operations.Property prices have leapt by more than 10 per cent in the past year, with...
View ArticleBeijing confident on 7.5% growth
China is on course to hit its annual growth target of about 7.5 per cent this year, Chinese Premier Li Keqiang said, as he sought to reassure a high-profile gathering of Chinese and overseas executives...
View ArticleIron ore price in fresh slump
The price of iron ore has sunk to new depths overnight, losing another 1.2 per cent to hit a fresh five-year low.Benchmark iron ore for immediate delivery to the port of Tianjin in China is currently...
View ArticleHong Kong voting rights on agenda at UN
The United Nations' human rights body says it will take up the issue of voting rights in Hong Kong, where activists are railing against Beijing's move to vet local candidates.The Human Rights...
View ArticleWill CBA’s Maoist Chinese strategy pay off?
EconomyChinaPeter CaiLankao is a relatively poor county in China. But it has a special place in Communist mythology: it is where the legendary and selfless cadre Jiao Yulu worked and died. His deeds...
View ArticleThe dangerous combination that could end Australia's lucky run
EconomyAustralian NewsRobert GottliebsenFasten your safety belts -- Australia is set for a ride we have not experienced for decades. In blunt terms, we will either see a sharp fall in the dollar or we...
View ArticleDelayed iPhone release highlights Apple's challenges in China
China is one of Apple’s biggest markets by sales and a major growth driver. But when it comes to its new iPhones, the country will have to wait, highlighting the difficulties the technology giant faces...
View ArticleChina Internet regulator to Qualcomm: 'we should make money together'
China's top Internet regulator publicly challenged the president of Qualcomm saying half the company's revenue comes from China and that "we should make money together."The comments Wednesday from Lu...
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