Search results

Results 101 - 120 of 1476
  • Japan Post shares plunge on report of massive impairment

    TOKYO -- Shares of Japan Post Holdings dropped as much as 5% in afternoon trading on Thursday, compared to prices at Wednesday's close, after a report on the possibility of a massive impairment loss from Australian logistics subsidiary Toll Holdings

    April 20, 2017 07:00 pm JST
  • Cricket gives asylum seekers in Australia a sense of belonging

    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 wa

    April 20, 2017 10:00 am JST
  • Samuel Biggins: The skeptics are wrong about Chinese investment in Australia

    For those who make a living out of cross-border real estate investment, these are interesting times. Not a day goes by without a seller asking about the current level of demand, or examining the execution and financing risks of entering a deal with

    April 20, 2017 10:00 am JST
  • Australia wants TPP despite US exit: trade minister

    TOKYO -- Australia is eager to put the Trans-Pacific Partnership trade pact into effect even without the U.S., Steven Ciobo, the country's minister for trade, tourism and investment, told The Nikkei here on Wednesday.In light of U.S. President Donal

    April 20, 2017 05:00 am JST
  • KKR-backed consortium makes $4.7 billion cash offer for Australia's Tatts

    SYDNEY (Reuters) --Australian lottery operator Tatts Group Ltd on Wednesday said it had received a A$6.15 billion ($4.65 billion) cash takeover proposal from a consortium backed by U.S. private equity firm KKR & Co, threatening an agreed merger wit

    April 19, 2017 12:04 pm JST
  • Australia toughens foreign worker visas

    SYDNEY (Reuters) -- Australia will abolish a temporary work visa popular with foreigners and replace it with a visa requiring better English-language and work skills, Prime Minister Malcolm Turnbull said on Tuesday.Turnbull rejected suggestions the

    April 18, 2017 03:30 pm JST
  • Steelmaking coke prices surge on tight supply

    TOKYO -- Prices of coke have swung up on rising coking coal prices following a cyclone that disrupted shipment routes in Australia as well as the Chinese suspension of North Korean coal imports.Production costs are expected to rise for Japanese stee

    April 18, 2017 03:00 am JST
  • Mitsui & Co. bets big on former Rio Tinto CEO

    TOKYO -- Japanese trading house Mitsui & Co. stunned the market by announcing on March 22 that Sam Walsh, who just stepped down as chief executive officer of British-Australian mining giant Rio Tinto last July, will become its external director in J

    April 17, 2017 09:30 am JST
  • Art initiative highlights Australia's conflicted stance on nuclear weapons

    MELBOURNE -- Australia's decision to skip recent negotiations on a global nuclear weapons ban appears at odds with domestic public opinion at a time when an art exhibition highlighting the country's dark past as a nuclear testing ground is touring n

    April 14, 2017 06:30 pm JST
  • LNG spot prices plunge in Asia on supply glut concerns

    TOKYO -- Spot prices of liquefied natural gas in Asian markets slid 40% from a high seen in January, foreshadowing a possible drop in Japanese electricity prices if weak demand and rising output abroad exacerbate a glut of the fuel.Spot LNG is curre

    April 14, 2017 04:00 pm JST
  • Fiji enlists New Zealand navy to help patrol seas

    AUCKLAND -- A New Zealand naval ship will be deployed to Fiji for six months in May to help local forces patrol the 1.3 million square kilometer exclusive economic zone that has been plagued by illegal fishing and drug trafficking.New Zealand Defenc

    April 14, 2017 09:00 am JST
  • North Korea-US saber rattling ramps up tension in Asia

    TOKYO North Korean leader Kim Jong Un walked slowly onto the center of the stage on April 11, as North Korea's parliament, the Supreme People's Assembly, the highest organ of government, opened in Pyongyang.Clad in a Mao suit, his hair cut short, Ki

    April 13, 2017 10:00 am JST
  • Nano-satellites enable space exploration on a budget

    SYDNEY A swarm of shoebox-sized satellites is scheduled to begin the first stage of a historic journey into space on April 18, when an Atlas V rocket blasts off from Florida's Cape Canaveral space center with the tiny satellites on board, along with

    April 13, 2017 10:00 am JST
  • Japan Pulp and Paper to acquire Oceanian peers for $64m

    TOKYO -- Japan Pulp and Paper, the country's largest paper trading house, will acquire Oceanian peers. The move is in response to a shrinking domestic paper market due to falling population and other factors.The company aims to boost revenues in Aus

    April 12, 2017 03:35 pm JST
  • Australia steps up battle against toxic cane toads

    SYDNEY -- Toxic, prolific, and much reviled: Invasive cane toads are on the hop from Australia's eastern seaboard, westward through the tropics of the Northern Territory and on toward the Indian Ocean. Researchers now believe the toads will have tra

    April 12, 2017 02:00 pm JST
  • Campaign seeks return of Aboriginal artist's lost copyright

    SYDNEY -- A racist injustice that blighted much of the Australian artist Albert Namatjira's life may soon be at least partially rectified. Internationally esteemed during his lifetime, the Aboriginal watercolorist sold his lambent paintings of the c

    April 8, 2017 01:00 pm JST
  • One country, two laws in Australia's racialized justice system

    MELBOURNE -- When a landmark Australian government-backed commission into Aboriginal deaths in custody delivered its findings in early 1991, it blamed "overwhelmingly different" levels of incarceration between the indigenous Aboriginal community and

    April 8, 2017 12:30 pm JST
  • Australian exports and mining industry disrupted by Cyclone Debbie

    TOKYO/HONG KONG -- Floods and landslides caused when Cyclone Debbie swept across northeastern Australia last week have disrupted global coal supplies and shipments, pushing up the price of coal while pushing down the costs of surface transportation.

    April 7, 2017 08:20 pm JST
  • The internet poised to dethrone TV as ad king

    PALO ALTO, U.S. -- Television's reign as the dominant advertising medium appears near its end, as sellers increasingly reach out to consumers through mobile devices.The rise of smartphones provides a tailwind for spending on internet ads, which is e

    April 7, 2017 08:00 am JST
  • Samuel Biggins

    Skeptics wrong on Chinese interest in Australian property

    For those who make a living out of cross-border real estate investment, these are interesting times. Not a day goes by without a seller asking about the current level of demand, or examining the execution and financing risks of entering a deal with

    April 6, 2017 05:00 pm JST