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Australia home building craters, prices promise some relief
SYDNEY: Australian construction spending slid to its lowest in almost three years last quarter as a deepening downturn in home building spread to other sectors and posed a downside risk to growth across the economy.
Australia seeks release of writer as China warns not to interfere
SYDNEY (Reuters) - Australia will advocate for the release of a Chinese-born Australian writer held by Beijing on suspicion of espionage, Prime Minister Scott Morrison said on Thursday, rejecting warnings by China not to interfere.
Coronavirus infects Asia stocks with exposure to China
SYDNEY: Shares of companies highly exposed to China's economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a virus outbreak, and even as some stocks involved in preventative health spiked.
Donaco looks beyond Vietnam and Cambodia
Casino operator aims to be in major Asian markets in the next 5 years
Australian media shakeup could provide huge M&A opportunity
SYDNEY: Australia proposed scrapping media ownership restraints on Saturday which could raise huge interest among moguls looking for acquisitions, especially in its ailing, third-largest free-to-air television network, Ten Network Holdings.
Fate of Australian TV network Ten in hands of billionaire trio
SYDNEY: Ten Network Holdings’ survival depends on three billionaire debt guarantors, including News Corp co-chairman Lachlan Murdoch, after Australia’s third-largest TV network reported a A$232mil (US$173mil) half-year loss in a weak advertising market.
Australia holds emergency meeting with China after extradition treaty failure
SYDNEY (Reuters) - Australia's foreign minister held an emergency meeting with the Chinese ambassador in the wake of Canberra's failure to ratify an extradition treaty with China, a source familiar with the situation said on Wednesday.
Australia cancels vote on extradition treaty with China
SYDNEY (Reuters) - Australia cancelled a vote on Tuesday to finally ratify an extradition treaty with China, 10 years after it was signed, with the government set for an embarrassing defeat on the vote.
Rooms for rent - Australian hotels expand rapidly to catch Chinese tourism boom
SYDNEY (Reuters) - The hole in Australia's economy dug by China's dwindling appetite for its resources is being filled by the Chinese themselves, whose growing affluence is powering a surge in travellers in a boon to tourism income and growth.
China cracks down on cross-border gambling ring, makes nearly 100 arrests - Xinhua
SHANGHAI (Reuters) - Police in central China have arrested 94 members of a $72 billion (57.72 billion pounds) cross-border gambling ring whose activities stretched into Southeast Asia, the official Xinhua news agency reported on Saturday, citing police.