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Oz, NZ vie for Chinese tourist$
With mining losing steam in the former and tourism set to leapfrog dairy as top earner in the latter, Australia and New Zealand are gearing up to lure Chinese tourists to fill the gap in a worsening economic outlook.
Factbox: Layoffs in corporate Australia, New Zealand as coronavirus crisis deepens
(Reuters) - The coronavirus outbreak has virtually shut down corporate Australia and New Zealand, forcing companies to throw out their strategic plans and resulting in thousands of layoffs or staff suspensions.
Australia and China agree to share financial crime intelligence
BEIJING/SYDNEY (Reuters) - Australia and China agreed on Tuesday to share intelligence about potential financial crime as part of a crackdown on cross-border money laundering and terrorism financing, as Australian Justice Minister Michael Keenan visits Beijing.
Echo beats earnings target, Sydney casino profit up 12%
SYDNEY: Australian gaming group Echo Entertainment, which has been gearing up for a looming battle with a rival luxury casino a mile from its key Sydney asset, posted full-year earnings that beat its own forecast.
Wall St drops on US trade tensions with EU, IMF global outlook
NEW YORK: Trade-sensitive industrials dragged Wall Street lower on Tuesday as tensions over tariffs between the United States and its European trading partners went from simmer to boil and the IMF lowered its global growth outlook.
Australian casino company Echo profit beats expectations
SYDNEY: Australian gaming company Echo Entertainment Group topped market expectations as it posted a 12 percent rise in full-year earnings on Wednesday, boosted by an improved performance from its Australian casinos.
Australian writer held for seven months in China faces espionage charge
CANBERRA (Reuters) - A Chinese-born Australian writer held in China since January has been formally arrested on suspicion of espionage, the Australian and Chinese governments said on Tuesday, amid growing diplomatic tension between Canberra and Beijing.
