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  • August 23, 2014
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  1. News - World - AUSTRALIA

    Delegates at Australian Aids conference seek asylum

    Posted Aug 04th 2014, 10:32pm by AFP

    ... field is a life-threatening proposition," the centre's Pamela Curr told the Australian Broadcasting Corporation. "It seems that some of them have been considering whether ... to growing concern over the treatment of 157 Sri Lankan asylum seekers, transferred on Saturday from the Australian mainland to a detention centre on Nauru in what lawyers say was a secret nighttime ...

  2. Business - Companies - ACQUISITIONS

    Fosun beats out Australian firm to buy Roc Oil

    Posted Aug 04th 2014, 10:29am by Toh Han Shih

    ... into oil and gas with A$474 m capture Fosun International entered into a conditional agreement yesterday to fully acquire Roc Oil, an Australian-listed oil and gas company, for A$474 million (HK$3.42 billion). The Hong Kong-listed, Shanghai-based investment firm fended off a proposed merger between Roc and Horizon Oil, another Australian company, Fosun and Roc said. Fosun agreed to pay ...

  3. News - Asia - AUSTRALIA

    Australian state premier quits over wine gift ‘memory fail’

    Posted Apr 16th 2014, 12:13pm by Agence France-Presse in Sydney

    ... would be presented at inquiry A leading Australian politician resigned on Wednesday after admitting to a “massive memory fail” when he told a corruption inquiry he never received a bottle ... been investigating how Di Girolamo’s company, Australia Water Holdings (AWH), was allegedly able to bill a state-owned firm for luxury travel, million-dollar salaries and major political ...

  4. Sport - Other Sport - MOTOR RACING

    Melbourne secures Australian Grand Prix until 2020

    Posted Aug 03rd 2014, 10:09pm by Reuters

    ... Reuters in Melbourne Melbourne secures F1 grand prix until 2020 Melbourne has secured the Australian Formula One Grand Prix until 2020 after striking a new deal that will reduce the taxpayer subsidy of around A$50 million (HK$361 million) a year, the head of the Victoria state government said on Sunday. The race, which has been run in the city's Albert Park since ...

  5. Business - Economy - CURRENCIES

    Aussie, Canadian dollars find favour with global central banks after falls

    Posted Oct 14th 2013, 12:00am by Bloomberg

    ... and Australian dollars since at least 2011 are making the currencies more attractive to global reserve managers. Purchases of Canadian dollars by central banks totalled US$16.8 billion in the second ... the Canadian dollar dropped 3.3 per cent in the period and the Australian dollar fell 12 per cent in the worst performance among the 31 major currencies tracked by Bloomberg. "The reserve-currency ...

  6. News - Hong Kong - WEALTH

    One in 38 Hongkongers is a US dollar millionaire, wealth study reveals

    Posted Jul 25th 2014, 12:49pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com One in every 38 Hongkongers is a US dollar millionaire, according to a new study which ranks the city 11th on a global rich list of percentage of millionaires by population. Luxury magazine Spear's, in conjunction with wealth consultancy company WealthInsight, has released a new list of the cities with the highest percentage of US dollar ...

  7. Business - Banking & Finance

    Australian regulators hold fire despite rise in lending and home prices

    Posted Jul 29th 2014, 01:26am by BLOOM

    ... to Britain and New Zealand are sounding the alarm about soaring mortgage debt and trying to curb risky lending. In Australia, where borrowing is surging, regulators are just watching. Australian ... in adjusting to what's been going on in the housing market." Australian regulators were hesitant to impose nationwide rules as only some markets had seen strong price growth, said Kieran ...

  8. News - Hong Kong - INTERNET

    Alert over increase in online scams as e-commerce grows

    Posted Aug 12th 2014, 05:03am by MICHAEL DE WAAL-MONTGOMERY

    ... cases were resolved- compared to the overall crime detection rate of 43.2 per cent. Mok's comments come after Australian online shoppers paid thousands of dollars for electronic goods from ... into liquidation in September, around the same time that the website it purportedly operated went offline. Genevieve Burnett, an Australian lawyer from Queensland, said: "I lost just over AU$9,000 ...

  9. Property - International - AUSTRALIA

    Chinese overtake US buyers as biggest investors in Australian property

    Posted Mar 05th 2014, 05:16am by Bloomberg

    ... continue to see a lift in Chinese investment into this country as the Australian dollar continues to fall and as residential property continues to strengthen." At least 10 Chinese cities, many ... Bloomberg Chinese the biggest real estate buyers in Australia Chinese buyers have overtaken Americans to become the biggest investors in Australian property, drawn by the nation's ...

  10. Business - Banking & Finance - REGULATION

    Australia's RBA keeps steady course on rates

    Posted Aug 06th 2014, 03:12am by Reuters

    ... tighter fiscal stance, and lacklustre confidence," said Su-Lin Ong, a senior economist at RBS Capital Markets. "A challenging rotation of growth, still elevated Australian dollar ... with a cooling mining boom. The local dollar inched higher as the Reserve Bank of Australia (RBA) stopped short of actively trying to talk the currency lower, noting only that it was high by historical ...




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