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  • Japan-Australia trade pact will help stability

    Japan and Australia have finally agreed on an economic partnership agreement at a Tokyo summit between prime ministers Shinzo Abe and Tony Abbott. The trade accord calls for Japan to cut tariffs on Australian beef, and Australia to drop its 5% tarif

    April 17, 2014 12:00 am JST
  • Australians choose motorbikes to skip traffic and find parking

    SYDNEY -- Australians are taking to motorbikes to weave through crowded traffic and avoid parking problems in the nation's densely populated coastal cities. Motorcycle registrations have risen steadily in recent years, reaching 744,732 in 2013,

    April 17, 2014 12:00 am JST
  • Indian Ocean nations eye stronger 'blue economy'

    TOKYO -- Attempts to foster economic cooperation are gathering momentum among Indian Ocean nations. The Indian Ocean Rim Association is an organization made up of 20 countries with a combined population of over 2 billion people. It covers a vast

    April 17, 2014 12:00 am JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • Japan unties defense industry's hands in hopes of tightening alliances

    TOKYO -- Casting an eye on China's military buildup, Japan is attempting to strengthen bonds with allies. This has the Japanese government stepping beyond its old restrictions on arms exports and moving to share military technologies. "Japan and

    April 14, 2014 07:00 pm JST
  • Debate heats up over Australia's fiscal future

    SYDNEY -- The Australian government is under growing pressure to raise taxes or slash spending, as experts warn that the country can no longer afford current levels of public expenditure. In the weeks leading up to the government's annual budge

    April 12, 2014 01:00 pm JST
  • Changing times for investment Down Under

    My first trip to Australia as Asia-Pacific CEO of Jones Lang LaSalle was in early 2009, just after the global financial crisis erupted. I asked our head of research for a summary of the prospects for the real estate market there, and his answer was

    April 10, 2014 12:00 am JST
  • Changing times for investment Down Under

    My first trip to Australia as Asia-Pacific CEO of Jones Lang LaSalle was in early 2009, just after the global financial crisis erupted. I asked our head of research for a summary of the prospects for the real estate market there, and his answer was

    April 10, 2014 12:00 am JST
  • Singapore health care company stakes claims for Australian launch

    SINGAPORE -- International Healthway Corporation, a Singaporean health care company known as IHC, is laying the groundwork for expansion into Australia. IHC has acquired roughly 110 million Australian dollars ($102 million) worth of commercial p

    April 10, 2014 12:00 am JST
  • Beautiful game brings plentiful cash

    April 10, 2014 12:00 am JST
  • New Zealand dollar firm after rate hike

    TOKYO -- New Zealand dollars continue to trade at consistent levels after interest rate hike. Profit-taking sales last week weakened the currency, but it is nearly 4% higher than its level at the start of the year. The currency currently trades

    April 9, 2014 07:00 pm JST
  • Australia counting on Japanese investment

    SYDNEY -- Under pressure to wean the economy off hard commodities, Prime Minister Tony Abbott's government has been working to expand trade and investment with Asia. Australia wrapped up negotiations on a free trade deal with South Korea at the

    April 8, 2014 06:16 am JST
  • Trade deal should take bite out of beef prices

    TOKYO -- "Gyudon" lovers take heart: Japan's tariff-cutting deal with Australia should mean cheaper beef for consumers. But eateries and supermarkets have not committed to lowering prices yet. Japan's import duty on frozen Australian beef, the k

    April 8, 2014 05:38 am JST
  • Japanese farmers to get 1st real taste of free trade

    TOKYO -- Seven years of negotiations on an economic pact between Japan and Australia came to fruition Monday, defying skeptics who had seen little chance of agreement on farm market access. Before Shinzo Abe and Tony Abbott made it official, min

    April 8, 2014 05:11 am JST
  • Japan to drop 88% of tariffs on Australian imports

    TOKYO -- Japanese Prime Minister Shinzo Abe and his Australian counterpart, Tony Abbott, shook hands Monday on an economic pact that will eliminate tariffs on more than 88% of goods from Down Under. The deal, struck during Abbott's visit to Japa

    April 8, 2014 03:47 am JST
  • Malaysia's IHH Healthcare continues its climb

    SINGAPORE -- IHH Healthcare of Malaysia, Asia's largest hospital operator, edged up Monday despite the news that it might not go through with the anticipated acquisition of an Australian health care company. Malaysian shares hovered around last

    April 8, 2014 12:24 am JST
  • Abe, Abbott agree on joint research on submarine technology

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe and Australian Prime Minister Tony Abbott agreed Monday to conduct joint research on submarine-related technology as part of efforts to bolster bilateral security ties under Japan's new policy on defense eq

    April 7, 2014 10:36 pm JST
  • Japan, Australia agree on FTA after 7 yrs of talks

    TOKYO (Kyodo) -- Japan and Australia agreed Monday on a bilateral free trade accord after seven years of negotiations, with Australia becoming the first major agricultural exporter to conclude an FTA with Japan. Tokyo has apparently agreed to lo

    April 7, 2014 07:25 pm JST
  • Australia detects signals possibly emitted by Flight MH370 black box

    SYDNEY (Kyodo) -- Signals consistent with those emitted by aircraft black boxes were detected by an Australian navy ship towing a pinger locating device, with authorities on Monday describing it the "most promising lead" in the search for missing Ma

    April 7, 2014 06:05 pm JST
  • Japan, Australia to agree on tariff cuts

    TOKYO -- The leaders of Japan and Australia will announce Monday that they have reached a basic agreement on a trade pact after seven years of negotiations, sources familiar with the talks said. The two countries may sign their economic partners

    April 7, 2014 03:57 am JST