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Moody’s Includes Aussie Banks in List of Asian Lenders Most Vulnerable to EU Debt Crisis

Rating agency Moody's named on Tuesday banks in Australia and three other Asia Pacific nations as the most vulnerable in the region to Europe's debt crisis.

A man looks around Sharp's TV sets at an electronics store in Tokyo

Dick Smith to Close Stores in Australia and New Zealand

Electronics retailer Dick Smith could wind up significantly cutting underperforming sites among 66 New Zealand stores in Australia and New Zealand, according to an analyst.

Westpac Chief Executive Officer Gail Kelly

Bank Fees Class Action Lawsuit Expands, May Target More Lenders

The bank fee class action lawsuit filed by Australians has expanded with the complainants now questioning $216 million exception fees collected by the lenders.

The gold processing plant of Australian gold miner Lihir Gold on Lihir Island is seen in this handout photo.

Manufacturing Rises in January but Global Woes Limit Growth

Australian manufacturers have been experiencing growth over the past two months but analysts said the jumps were too minimal and barely out of the contraction level.

Coles Growth Plunges a Bit in March Quarter, Highlights Continuing Weak Retail Sector

ACCC Urged to Probe Heavy Discounts Offered by Coles

Coles' latest ploy of imposing steep discounts on fresh produce being sold on its numerous stores could backfire and drive many Australian farmers out of business.

Global miner BHP Billiton is facing a two-week work stoppage at its Illawarra Coal Appin Mine unit as some 50 supervisors demand for an 18 per cent increase in their pay.

Job Cuts Loom in BHP, Holden, Manildra, Reckitt Benckiser

The worsening unemployment forecast feared in Australia as a result of another round of global crisis appears to be unfolding as early as the second month of 2012.


Australian rare earths miner Lynas Corp has scheduled for December the start-up of its processing plant in Kuantan, Malaysia, executive chairman Nicholas Curtis said at the annual general meeting in Sydney on Tuesday.

Lynas Obtains Temporary License for Malaysia Rare Earths Plant

09:56 PM ET

Scuttled in an emotionally-charged national elections year, yet impinging on the flow of foreign direct investments, Malaysian authorit...


Muslim pilgrims pray at the Grand mosque in Mecca during the annual haj pilgrimage November 11, 2010.

Thomson Reuters, Crescent Wealth Launch Islamic Index in Australia

02:16 AM ET

Thomson Reuter and Crescent Wealth launched on Wednesday Australia's first research-based Islamic index.


Samsung Galaxy Note

German Court Sustains Galaxy Ban, Samsung Faces Antitrust Probe

12:47 AM ET

Samsung's Galaxy Tab 10.1 and Galaxy Tab 8.9 will not hit the German market after all following an appeal court decision on T...


Clinton Denies Snub from Russian FM in Australia

Clinton Denies Snub from Russian FM in Australia

12:49 AM ET

U.S. Secretary of State Hillary Clinton blamed the spotty connection in Australia for her failure to get in touch with Russian Foreign Minister Sergei Lavrov.