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Economy 26 Jun 2014 | 5:57 PM

China to set yuan clearing bank in Sydney: Australia

SHANGHAI: China will designate a clearing bank in Sydney for overseas trading of its yuan currency, a top Australian official said on Thursday as Beijing seeks to make its tightly-controlled currency more international.

Economy 24 Jun 2014 | 5:33 PM

Australia says China free trade deal likely by yearend

BEIJING: China and Australia, which have been trying to set up a bilateral free trade agreement for years, are determined to sign a deal by the end of this year, Australia's trade chief said on Tuesday after talks with Chinese leaders.

Economy 14 May 2014 | 10:46 AM

Australian resource bonanza fizzles as China slows

LAUNCESTON: Many Australians will castigate the country's new conservative government for a tough first budget that saw cuts to welfare and hikes to taxes, but some of the blame lies with China.

Business 12 May 2014 | 8:38 AM

Diary Malaysia March 12 (Monday)

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Economy 12 May 2014 | 12:00 AM

Australia readies for end of 'age of entitlement' budget

SYDNEY: Australia’s first budget under conservative Prime Minister Tony Abbott to be released tomorrow promises to end the “age of entitlement“, with spending cuts and tax rises expected as the nation strives to rein in its deficit.

Business 24 Feb 2014 | 12:00 AM

G20 aims to rev up growth

SDYNEY: The world’s top economies vowed to rev up world growth by boosting investment and increasing employment, while agreeing to more transparency about monetary policies after rifts over the US taper.

Economy 22 Feb 2014 | 9:36 PM

G20 support builds to adopt ambitious target for global growth

SYDNEY: The world's top economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney, where major central banks are also being urged to coordinate policies to avoid "surprises" that could further roil emerging markets.

Economy 22 Feb 2014 | 9:31 PM

Indonesia backs G20 growth target, says developing nations need to do more

SYDNEY: Developing countries need to do more themselves to offset the impacts of the U.S. Federal Reserve's tapering, Indonesia's finance minister said on Saturday, endorsing Australian-led plans for the Group of 20 to agree an ambitious target for global growth.

Business 19 Feb 2014 | 12:00 AM

Startup creates suit to help athletes of all levels

Inspired by theslogan “Malaysia Boleh”, Sportboleh Sdn Bhd chief executive officer and founder Joseph Dolcetti named his company Sportboleh to mark the ability of sports to transform lives.

Business 17 Feb 2014 | 12:00 AM

Branson hits at possible Aussie Govt aid for Qantas

SYDNEY: British tycoon Sir Richard Branson sounded a warning in full-page newspaper ads Sunday about possible Australian government help for national carrier Qantas, urging business to “think twice” about investing in the country.