Australia

Following the COVID-19 vaccine exchange with Britain, Australia’s Prime Minister has called for a faster reopening!

Prime Minister Scott Morrison announced on Friday that Australia had already managed to secure 4 million doses of Pfizer COVID-19…

4 years ago

Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme

Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank…

4 years ago

Australia’s housing boom defies Delta, boasts best year since 1989

Australian home prices rose at the fastest annual pace since 1989 in August as coronavirus lockdowns weighed more on supply…

4 years ago

Fortescue posts record profit, dividend but cuts management bonuses

Fortescue Metals Group Ltd (FMG.AX) reported its highest ever annual profit and dividend on Monday due to sky-high iron ore prices but…

4 years ago

Australian economy likely already slowing in Q2 before Delta downturn

Australia's economy was likely already slowing before wide-scale coronavirus restrictions shuttered swathes of business and jobs, setting the stage for…

4 years ago

Dubai house prices to rise modestly, stay affordable in coming years

Dubai's residential property market is on a steady course, with prices expected to rise modestly over the next couple of…

4 years ago

Analysis: Debt in a warm climate: coronavirus and carbon set scene for default

Where COVID-19 has precipitated unprecedented debts, climate change could trigger defaults across a planet which a United Nations panel says…

4 years ago

Australia’s NAB posts 10.3% rise in cash profit, upbeat on outlook

National Australia Bank Ltd (NAB.AX), the country's No. 3 lender, said on Thursday its third-quarter cash profit rose 10.3% as it…

4 years ago

Australia lowers bar on public companies’ disclosures, extends virtual AGMs

Australia on Tuesday eased so-called continuous disclosure laws for publicly listed companies, which will now protect companies and their officers…

4 years ago

Oyu Tolgoi review raises doubts over Rio Tinto stance on cost overruns

Turquoise Hill Resources (TRQ.TO) said an independent review of$1.4 billion in cost overruns at the Oyu Tolgoi mine in Mongolia suggested that…

4 years ago