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Asia-Pacific News Australia & New Zealand

  • The airline, 10 percent- owned by British entrepreneur Richard Branson, identified China as a target growth market in mid-2016 when it took on China's HNA Innovation Ventures and China's Nanshan Capital Holdings as major shareholders. "Virgin Australia's entry into Hong Kong and greater China is a key pillar of our international strategy, allowing us to tap...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • CANBERRA, Australia— Five Regional Express Airlines passenger planes had been grounded as a precaution after a near disaster in which a propeller fell off an airliner as it approached Sydney Airport, the Australian airline said on Monday. A Saab 340 carrying 19 passengers and crew landed safely in Sydney on Friday after one its two propellers fell off over...

  • KEEPING SCORE: Hong Kong's Hang Seng index advanced 0.5 percent to 24,429.89 points and the Shanghai Composite Index rose 0.2 percent to 3,242.97. Seoul's Kospi shed 0.5 percent to 2,153.21 and Sydney's S&P-ASX 200 retreated 0.4 percent to 5,776.60. Benchmarks in Taiwan and Jakarta advanced while New Zealand and Singapore declined.

  • *Japan markets closed for holiday. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1 percent. Japan is closed for a holiday.

  • *Japan markets closed for holiday. MSCI's broadest index of Asia-Pacific shares outside Japan was fractionally lower. Japan is closed for a holiday.

  • *Queensland state premier says project has her full support. MUMBAI, March 19- India's Adani Enterprises said it would finalize an investment decision by June for its Carmichael coal project in the northern Australian state of Queensland, which has been delayed due to protests from environmental groups. He was speaking during an interaction with a group of...

  • *Queensland state premier says project has her full support. MUMBAI, March 19- India's Adani Enterprises said it would finalise an investment decision by June for its Carmichael coal project in the northern Australian state of Queensland, which has been delayed due to protests from environmental groups. He was speaking during an interaction with a group of...

  • MOSCOW- Central Bank of Russia Deputy Governor Vasily Pozdyshev will hold a presentation of new banking legislation- 0800 GMT. CANBERRA- Reserve Bank of Australia Assistant Governor Luci Ellis to speak at the ACT Launch of the Women in Economics Network. WARSAW- National Bank of Poland monetary policy council meeting.

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • *U.S. and China hike rates, Britain signals rise. Federal Reserve kicked things off this week with an interest rate hike on Wednesday, China followed with its own hike on Thursday, and then Britain and a European Central Bank policymaker hinted at higher rates. The latter two came as somewhat of a surprise to markets with Britain's economic future in doubt as it...

  • *U.S. and China hike rates, Europe and Britain signal. Federal Reserve kicked things off this week with an interest rate hike on Wednesday, China followed with its own hike on Thursday, and then Britain and a European Central Bank policymaker hinted at higher rates. The latter two came as somewhat of a surprise to markets with Britain's economic future in doubt as it...

  • *Asia stocks ex- Japan set for best week since July. SINGAPORE, March 17- Asian stocks advanced on Friday and looked set for their best week since July, while the dollar extended a slide that began after the Federal Reserve indicated it was unlikely to speed up monetary tightening. Financial spreadbetters predicted a muted start to European stocks after...

  • *Plans to cut some middle& senior management roles in Hong Kong. SYDNEY/ SHANGHAI, March 17- Cathay Pacific Airways Ltd plans to cut the cost of middle and senior management roles at its Hong Kong head office by 30 percent, according to an internal memo a day after the airline reported its first annual loss since 2008.. The Hong Kong flag carrier earlier this week...