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  • China's bottomless appetite keeping iron ore prices up

    TOKYO -- Prices of iron ore remain lofty as Chinese steelworks boost Australian and other imports to meet strong demand for steel.The benchmark spot price of Australian ore with 62% iron content flirted with $100 a ton recently, standing 60% above w

    March 29, 2017 04:58 am JST
  • Interview

    Papua New Guinea PM 'reasonably confident' about election

    HONG KONG -- It may not be the best time for Papua New Guinea's ruling party to face the voters this summer as the nation dependent on commodity exports feels the pinch of low prices. Economic growth has slowed from the breakneck 13.3% pace of 2014

    March 29, 2017 02:18 am JST
  • Brazil meat scandal opens way for Aussie beef in China

    SYDNEY -- Brazil's tainted beef scandal looks to be almost over with China lifting its import ban, but a new meat agreement between China and Australia offers Australian beef exporters a chance to reclaim market share lost to the South American coun

    March 28, 2017 04:20 pm JST
  • Australia's race discrimination reforms spark debate

    MELBOURNE -- A bid by Australia's center-right prime minister to scale back race-hate laws that have been blamed for stifling expression has reignited a sensitive and long-simmering debate on the balance between free speech and tolerance in a plural

    March 28, 2017 08:00 am JST
  • China blocks Sydney-based academic from returning to Australia

    SYDNEY -- As Australia warms to a charm offensive by visiting Chinese Premier Li Keqiang, officials in China have soured the atmosphere by preventing a Chinese-Australian critic from returning to his post at a Sydney university.Feng Chongyi, an asso

    March 27, 2017 07:10 pm JST
  • Formula One Asian expansion stalls amid growing losses

    SEOUL -- When the 2017 Formula One season motor racing gets underway in a roar of engines on Melbourne in Sunday, it will signal the start of another crucial year for the sport, especially in the Asia-Pacific region.Boasting the fastest race cars in

    March 25, 2017 09:00 am JST
  • Amid doubts over US role in trade, Australia jumps at beef deal with China

    SYDNEY -- Australia can be friends with both the U.S. and China, Prime Minister Malcolm Turnbull said Friday after meeting with Chinese Premier Li Keqiang, indicating that Canberra will not play favorites between its superpower ally and its biggest

    March 25, 2017 02:00 am JST
  • Nick Bisley and Brendan Taylor

    On being allied to Trump's America

    For the first time in two generations, Australians are contemplating life without the American alliance. Alternatives to this long-standing pillar of Australian foreign and strategic policy are being pitched by influential commentators, media and th

    March 24, 2017 06:30 pm JST
  • Australian prime minister won't choose between China and US

    CANBERRA (AP) -- Australia does not have to choose between the United States and China, the Australian prime minister said Friday as he announced a new beef export deal with the Chinese.Prime Minister Malcolm Turnbull and Chinese Premier Li Keqiang

    March 24, 2017 02:13 pm JST
  • Australia revisits iconic hydro scheme as coal power wanes

    SYDNEY -- A vast hydroelectric project completed more than 40 years ago in the Australian Alps is the centerpiece of a 2 billion Australian dollar ($1.53 billion) rescue plan being pushed by Prime Minister Malcolm Turnbull to stave off a potential e

    March 23, 2017 05:00 pm JST
  • Trump's shifting China views raise specter of Asian turmoil

    TOKYO -- U.S. President Donald Trump's tough talk on China before taking office has softened of late, a development whose genesis has worrying implications for Asian security.American and Chinese VIPs have jetted back and forth more often lately. St

    March 23, 2017 01:30 pm JST
  • New Zealand central bank role under scrutiny

    WELLINGTON -- New Zealand's central bank could be facing its biggest shakeup in nearly three decades with the departure of Governor Graeme Wheeler later this year and opposition parties seeking power in September elections pledging reforms to its mi

    March 22, 2017 07:00 am JST
  • Mitsubishi mulls selling stake in Australian coal mine

    TOKYO -- Mitsubishi Corp. looks to unload its stake in an Australian steam-coal mine as the Japanese trading house reshuffles its resources business, which took a big hit from market stagnation last fiscal year.The Clermont mine in Queensland, which

    March 22, 2017 02:00 am JST
  • India's Adani to finalize Australia coal investment plan by June

    MUMBAI (Reuters) -- India's Adani Enterprises said it would finalize an investment decision by June for its Carmichael coal project in the northern Australian state of Queensland, which has been delayed due to protests from environmental groups.For

    March 19, 2017 03:36 pm JST
  • Chinese Premier Li to visit New Zealand, Australia

    SYDNEY (Reuters) -- Chinese Premier Li Keqiang will travel to New Zealand for talks with government and business leaders next week, New Zealand Prime Minister Bill English announced on Sunday.Li's visit comes as international attention centres on Ch

    March 19, 2017 11:53 am JST
  • Cricket helps asylum seekers build bonds in Australia

    MELBOURNE -- Muzammil Raza has been passionate about cricket for as long as he can remember. "I'm a crazy fan," he said after a recent practice session. "I think I was born with a bat in my hand."When Raza came to Australia from Pakistan in 2014, he

    March 18, 2017 01:00 pm JST
  • Australia's unique wildlife among victims of 'angry summer'

    SYDNEY -- Record-breaking summer heat waves in recent months have left Australians sweating and uncomfortable and killed thousands of animals, graphically illustrating the dangers posed to the world's driest inhabited continent by climate change.Wit

    March 17, 2017 03:45 pm JST
  • Australian court slaps betting giant Tabcorp with record fine

    MELBOURNE -- Australian bookmaker Tabcorp has been hit with the largest civil penalty in its country's history for breaching anti-money laundering and counterterrorism financing laws. The publicly listed company will pay some 45 million Australian d

    March 16, 2017 08:45 pm JST
  • New Zealand Q4 slower than expected on exports, but seen recovering

    WELLINGTON (Reuters) -- New Zealand's economy grew less than expected in 2016's final quarter and that might flag weaker expansion this year, but most economists see recent headwinds as temporary and likely to ensure the central bank keeps rates at

    March 16, 2017 12:47 pm JST
  • Chow Tai Fook Enterprises buys Australia's Alinta Energy

    SYDNEY (Reuters) -- Hong Kong's Chow Tai Fook Enterprises (CTFE) on Thursday said it had agreed to purchase Australian gas and electricity retailer Alinta Energy, in a deal two sources familiar with the situation said was valued at about A$4 billion

    March 16, 2017 12:18 pm JST