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  • Britain plans to send warship to South China Sea in move likely to irk Beijing

    SYDNEY (Reuters) -- Britain plans to send a warship to the disputed South China Sea next year to conduct freedom of navigation exercises, Defence Minister Michael Fallon said on Thursday, a move likely to anger Beijing.Britain would increase in pres

    July 28, 2017 08:49 am JST
  • Australia's future as an LNG superpower grows cloudier

    SYDNEY Australia is expected to overtake Qatar as the world's largest exporter of liquefied natural gas in 2019, but a political risk factor is clouding the country's future as an LNG export superpower.The government of Prime Minister Malcolm Turnbu

    July 27, 2017 10:00 am JST
  • Australian regulator investigating Takata air bag recall after death

    SYDNEY (Reuters) -- Australia's consumer watchdog said on Monday it was investigating the recall of Takata Corp vehicle airbags, a day after police said a man's death in a Sydney car crash could be linked to the faulty safety equipment.The Australia

    July 24, 2017 12:04 pm JST
  • East Timor poll highlights country's growing pains

    SYDNEY -- East Timor, or the Democratic Republic of Timor-Leste as it is officially known, is no longer a new nation, but one wrestling with problems familiar elsewhere in Southeast Asia. The issues revolve around an entrenched and relatively prospe

    July 23, 2017 10:11 am JST
  • Australia and its volatile future as an LNG superpower

    SYDNEY -- Australia is expected to overtake Qatar to become the world's largest exporter of liquefied natural gas in 2019, but a political risk has emerged that is casting a dark cloud over the resource-rich nation's future as an LNG export superpow

    July 23, 2017 10:00 am JST
  • Voting ends in East Timor's parliamentary elections

    DILI (Kyodo) -- East Timorese voted Saturday in parliamentary elections that are expected to be a fight between two major parties and a third, recently established party.A total of 1,118 polling stations, which opened at 7 a.m., closed at 3 p.m. and

    July 22, 2017 04:16 pm JST
  • The TPP 11 agree to move forward with minimal tweaks

    TOKYO The U.S. may be out of the picture, but the Trans-Pacific Partnership is far from dead, with the 11 remaining signatories agreeing to salvage the free trade deal without too many revisions. Forging a new pact, however, will still likely prove

    July 20, 2017 10:00 am JST
  • The changing face of Australia's national identity

    Twenty-five years ago, Australia's then-Prime Minister Paul Keating gave a speech railing against fellow Australians who could not "separate our interests, our history, or our future, from the interests of Britain."At the time, the Labor Party leade

    July 20, 2017 10:00 am JST
  • Tea Leaves

    The changing face of Australia's national identity

    Twenty-five years ago, Australia's then-Prime Minister Paul Keating gave a speech railing against fellow Australians who could not "separate our interests, our history, or our future, from the interests of Britain."At the time, the Labor Party leade

    July 20, 2017 10:00 am JST
  • Steelmaking material prices rise with Chinese demand

    TOKYO -- Surging Chinese steel production is lifting raw material prices, a development that may undercut earnings at Japanese steelmakers.Spot prices for Australian iron ore, a benchmark for Asia, jumped 20% over the past month to $67 a ton. Austra

    July 19, 2017 06:04 am JST
  • UK magnate plans Australian steelworks overhaul

    SYDNEY -- British industrialist Sanjeev Gupta is planning a major overhaul of the aging Whyalla steelworks in South Australia after his GFG Alliance group agreed to buy the heavily indebted Australian mining and steel business Arrium out of administ

    July 18, 2017 01:43 pm JST
  • Australia centralises national security agencies amid heightened threat

    SYDNEY (Reuters) -- Prime Minister Malcolm Turnbull said on Tuesday Australia's domestic security bodies, including the police and the national spy agency, will be centralised under a single minister as Canberra tackles the rising threat of "lone wo

    July 18, 2017 12:58 pm JST
  • Japan's Persol to buy Aussie staffing giant

    TOKYO -- Persol Holdings plans to acquire leading Australian staffing company Programmed Maintenance Services under a deal announced Friday, laying the groundwork for future growth overseas.The 791 million Australian dollar ($618 million) purchase w

    July 15, 2017 07:29 am JST
  • Aussie state buying back mining license from China Shenhua

    SYDNEY -- The Australian state of New South Wales has agreed to repurchase the majority of a coal exploration license from China Shenhua Energy, part of a shift to agricultural investment to meet growing Asian demand.The government will spend 262 mi

    July 14, 2017 07:08 am JST
  • US viewed as world economic leader, but gap with China narrows

    NEW YORK -- While the U.S. can still tout a reputation as the world's premier economic power this year, its lead over China is far from solid as key partners and allies see the center of gravity shifting eastward, a Pew Research Center report releas

    July 14, 2017 06:11 am JST
  • TPP to stay largely as is minus US, members agree

    TOKYO -- The Trans-Pacific Partnership will be salvaged without too many revisions despite the American withdrawal, the 11 remaining signatories agreed Thursday, but forging a new pact will still likely prove a contentious process.Negotiators met fo

    July 14, 2017 02:41 am JST
  • San Miguel swallows Australian bottler Barossa

    MANILA -- Philippine conglomerate San Miguel, best known for its eponymous beer, has acquired a wine bottler in Australia, expanding its packaging business in Oceania.In a statement on Thursday, the company said its San Miguel Yamamura Australasia u

    July 13, 2017 08:12 pm JST
  • Andy Yee

    Blockchain can lift Asian trade over gaps in trust

    Much discussion has centered on the use of blockchain, the technology that underlies the digital currency bitcoin, as a tool to improve transparency and efficiency in financial services. Its greatest potential however lies in the provision of a crit

    July 13, 2017 12:00 pm JST
  • Netflix struggling to win over Asia

    BANGKOK -- Netflix, the U.S. video streaming giant, is spinning its wheels in Asia, a new market study shows. The number of its paid subscribers in the Asia-Pacific region is hovering at about 4.8 million. That is just under 11% of the company's tot

    July 13, 2017 02:00 am JST
  • TPP 11 to discuss writing US out of trade pact

    TOKYO -- Representatives of the 11 countries trying to salvage the Trans-Pacific Partnership trade and investment agreement will meet in Japan next week to discuss in depth for the first time how to proceed without America.The negotiators will gathe

    July 8, 2017 05:01 am JST