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SYDNEY: Australia's economy, facing its first recession in 30 years because of the coronavirus, would suffer if Chinese students heeded a warning from their government to stay away because of racist incidents, Australia's trade minister said on Wednesday.
SYDNEY: Chinese investment to Australia more than halved in 2019 and it would continue to fall this year due to the coronavirus outbreak and negative perceptions around government screenings of such inflows, says a report by KPMG and the University of Sydney.
SYDNEY: As Virgin Australia shrinks to survive the pandemic, tiny Regional Express Holdings Ltd (Rex) is picking up some of its larger rival’s planes and staff on the cheap –and attracting investors who see profit in the high-stakes plan.
WELLINGTON: New Zealand’s stock exchange is battling to restore services after cyber attacks shuttered the market for a third straight day, frustrating investors who were unable to trade amid a busy company earnings season.
ON a wet, midweek evening when most Australians are home cooking dinner, fewer than a third of the lights are on in the apartments in Melbourne’s Docklands. Most shops and restaurants are closed. The only people passing through seem to be on their way elsewhere.
SYDNEY: Both Airbus and Boeing now offer aircraft that appear capable of flying non-stop commercial flights from Sydney to London - the "Holy Grail" for Australian carrier Qantas Airways Ltd.
SYDNEY: Moving carefully along a row of apple trees, two of Australia's newest agricultural workers check if the fruit is ripe or the soil needs water or fertiliser.
SINGAPORE: Qantas Airways is set to formally announce plans to offer 20-hour non-stop flights from Sydney to London by 2022 if Airbus SE or Boeing Co can deliver aircraft that meet the distance, a source familiar with the matter said.