Dealing with the government and private sector in countries Australia and Singapore were perceived to be the least tainted with corruption, a new survey made by Hong Kong-based Political & Economic Risk Consultancy, Ltd.'s (PERC) latest Asian Intelligence report indicated.
Japanese authorities will distribute bottled water to some 80,000 families dislocated by the earthquake as that tap water may not be safe for drinking in areas near the Fukushima nuclear plant.
The Australian Parliament has approved the Commonwealth Government's Flood and Cyclone Levy Bill, which has earmarked some $5.6 billion in funds for the reconstruction of severely damaged townships.
Australia's senator Nick Xenophon has filed a motion today seeking a parliamentary inquiry into the proposed takeover-merger of the ASX Ltd. (ASX) by the Asian bourse Singapore Exchange Ltd.
Mining giant BHP Billiton Ltd. (ASX: BHP) has announced dividends to be distributed to shareholders amounting to 45.935919 Australian cents.
Integrated forestry company Gunns Limited (ASX: GNS) today announced the Federal Government had granted the final environmental approvals for the proposed Bell Bay Pulp Mills, estimated to require some $2.5 billion in investments.
The Australian government is keeping its target date in implementing a carbon tax in July 2012 in spite a petition from industry sectors to postpone it.
Australian mining firm Cape Alumina (ASX: CBU) has announced the good results and drilling potential in its Bauxite Hills mines.
Sales from Australia's commodity exports are seen growing to $255 billion in the next 12 months to be driven by growing world demand, a report of the Bureau of Agricultural & Resource Economics & Sciences (ABARES) said today.
Sales from Australia's commodity exports are seen growing to $255 billion in the next 12 months to be driven by growing world demand, a report of the Bureau of Agricultural & Resource Economics & Sciences (ABARES) said today.
The Australian stock market has indefinitely been derailed by its new system, prompting officers to close the market earlier today.
The International Monetary Fund has assured that the world economy can shake off the negative impact of a sudden surge in oil prices due to the continuing political turmoil in the Middle East.
Australia's latest Bureau of Statistics report on wages showed workers in private companies have had pay increases in the last two quarters.
Australia's third largest mining firm Rio Tinto has announced that production at its coastal operations in the Pilbara region continue to be hampered by ongoing weather issues associated with Tropical Cyclones (TC) Dianne and Carlos, that are likely to impact on shipped tonnage for the first quarter of this year.
Australia's second biggest oil and gas producer Woodside Petroleum Ltd, has reported a 7 percent increase in profits to $1.58 billion in 2010 attributing it to high prices and record output at its North West Shelf natural gas project.
Australian businesses and households are urged to prepare for escalating electricity and gas prices beginning next year as the country struggles for environmental concerns.
The Australian Parliament is implored to veer away from its "populist approach on economic and other business policies especially on taxation that have been discouraging to both local businesses and foreign investors alike.
Energy and mining projects of Australian companies, including that of the Rio Tinto Group Group and Woodside Petroleum Ltd and Fortescue Mining, are threatened by two cyclones headed north of the country, according to the Bureau of Meteorology.
The Australian Union Movement has thrown its support behind a campaign to improve wages, conditions and workplace rights at Rio Tinto's aluminium operations in Australia.
Australian agriculture looks set for a positive 2011 with agri-commodity prices expected to stay at elevated levels, but the sector must be prepared to manage a number of challenges, including increasing price volatility, according to a new industry report.
India's state-owned metal and energy firms will decide this week whether they would combine their arsenal to counter the bid to Rio Tinto's $3.9 billion offer for Riversdale Mining Ltd.
Uranium miner Paladin Energy Ltd (ASX:PDN) has initiated its uranium business in Canada and entered into a definitive agreement to purchase Aurora Energy Resources Inc., a wholly owned subsidiary of Fronteer Gold (TSX:FRG, AMEX:FRG).
Anglo-Australian Rio Tinto (ASX: RIO) said production at its New Zealand Aluminium Smelters Ltd subsidiary was being cut by about 5 percent due to high electricity prices.
Mineral explorer Conquest Mining Ltd (ASX: CQT) has given the formal approval for the development of the Mt Carlton Project in North Queensland following the positive results achieved in the project's optimisation study.
CSR Ltd (ASX:CSR) Australia's biggest sugar milling company, says the Overseas Investment Office (OIO) in New Zealand has given the greenlight for the sale of its sugar division to an overseas buyer.
Global miner Rio Tinto Ltd (ASX: RIO) is to invest in its Canadian aluminium smelters to improve production efficiency through modernisation and expansion.
PanAust Ltd (ASX:PNA) today increased its production guidance for 2010 to approximately 67,000 tones of copper at an average cash cost of less than US$0.90/lb of copper after precious metal credits, estimated from 60,000oz of gold and 500,000oz of silver in concentrate.
Australian iron ore producer Fortescue Metals Group Ltd (ASX: FMG) today priced its previously announced offering of senior unsecured notes.
Anglo-Australian Rio Tinto (ASX: RIO) and Canada's Ivanhoe Mines have ended a long-running dispute between them after signing a new agreement under which Rio Tinto will assume direct management of the Oyu Tolgoi copper-gold project in Mongolia.
Newcrest Mining (ASX:NCM) temporarily suspended operations in its Bonikro mine in Cote d'Ivoire, after contested elections in that country.
