Australia’s Westpac fined $2.4 million in rate case, fraction of penalty sought

Westpac Banking Corp won vindication of its decision to fight accusations its conduct in handling of a key rate was […]

Dollar rises toward 16-month high after hawkish Fed guidance

The dollar rose towards a 16-month high on Friday after the U.S. Federal Reserve kept interest rates steady and reaffirmed […]

Asian markets fall on profit-taking, while Xi praises globalization

After the best week in years for a number of Asian stock markets — following the worst month in years […]

Wanted: An Australian energy policy to kickstart A$25 billion of investment

Constant changes in Australia’s government have convinced the country’s power companies that its political leaders will never craft a coherent […]

Locked in: Asian mills look to secure long-term wheat supply

Some Asian flour mills are looking to lock in wheat supplies until well into the middle of 2019, potentially shaking […]

Australia will not trigger LNG export controls: minister

Australia’s government will not impose controls on exports of liquefied natural gas (LNG) next year because it does not see […]

China grain imports plunge in September amid trade war with U.S., higher prices

Chinese imports of grains such as sorghum plunged in September from the year before, customs data showed on Tuesday, hit […]

Australia’s NAB cuts 300 staff over wrongdoing

About 300 staff of National Australia Bank (NAB.AX) have been fired or left the company as a result of internal […]

Asian markets resume their fall, with tech stocks leading the way

Asian stock markets fell Monday following Friday’s regional bounce that eased last week’s pain, as investors failed to pick up […]

bitcoin

Bitcoin Rises apart from Australia’s Moves to Regulate Crypto Providers

Despite reports that Australia put crypto providers under direct purview under the country’s money-laundering watchdog, Bitcoin prices rose on Wednesday, […]