Reserve Bank of Australia slashes rates to fresh record low of 1.50%
The Reserve Bank of Australia (RBA) has cut on Tuesday its benchmark interest rate by 25 basis points to a fresh…
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Australia
ExxonMobil launches bidding war for InterOil in PNG gas push
ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New…
Pokemon GO craze breaks into Germany, still not in Japan
The “Pokémon Go” craze is spreading to Europe. Niantic Inc. on Wednesday said the smash hit augmented-reality game…
Australia’s triple-A rating safe for now; Moody’s says
Moody's Investors Service on Monday said short-lived political uncertainty in Australia would have limited…
Australian election cliff-hanger leaves nation in limbo
Australia's political parties began horsetrading on Sunday to break an anticipated parliamentary deadlock after a…
Mitsubishi Heavy Industries open to defense partnerships: CEO
Mitsubishi Heavy Industries Ltd (7011.T) should have pushed harder to market its defense technology to win a $40…
Australia to dispose £8m of seized bitcoins
A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off…
Australian gold output slips 2 pct as miners dig lower grade ore
Gold output in Australia, the world's second biggest producer, slipped 2 percent in the first quarter, due in part…
Goldman Sachs may sell Australian businesses
Goldman Sachs Group Inc.'s Australian asset management arm is studying the sale of the equities and fixed income…
Australia cuts interest rates to turn back global deflation tide
Australia's central bank cut interest rates to an all-time low of 1.75 percent on Tuesday, the first easing in a…