GO
Loading...

Enter multiple symbols separated by commas

Asia-Pacific News Australia

More

  • Chinese billionaire buys $52M home—sight unseen Monday, 10 Aug 2015 | 10:30 AM ET
    James Packer, Crown Resorts Chairman.

    A Chinese billionaire spent the most money ever for a home in Australia, without ever even seeing it.

  • NZ PM dons Wallabies jersey after losing a bet Sunday, 9 Aug 2015 | 10:51 PM ET
    NZ PM dons Wallabies jersey after losing a bet

    John Key, Prime Minister of New Zealand, wore a Wallabies jersey after losing a wager to CNBC's Oriel Morrison on the outcome of All Blacks' 19-27 loss to Australia over the weekend.

  • Tracking the dollar's 'whipsaw response' to US jobs Sunday, 9 Aug 2015 | 10:41 PM ET
    Tracking the dollar's 'whipsaw response' to US jobs

    Sean Callow, senior currency strategist at Westpac, says the U.S. dollar lost some of its value against most of the major currencies on Friday because July's jobs report wasn't a gamechanger.

  • Behind the slip in Bendigo's net interest margins Sunday, 9 Aug 2015 | 9:46 PM ET
    Behind the slip in Bendigo's net interest margins

    Mike Hirst, managing director at Bendigo and Adelaide Bank, attributes the 4-basis-point fall in the bank's net interest margins to the competitive low interest rate environment in Australia.

  • Ansell CEO: Currency swings could hurt revenue Sunday, 9 Aug 2015 | 9:03 PM ET
    Ansell CEO: Currency swings could hurt revenue

    Magnus Nicolin, CEO at Ansell, discusses the company's warning on how volatile exchange rates could take a toll on its revenue in the year ahead.

  • Australia's earnings season: Who will be the losers?

    Australian banks and miners will be the losers in this corporate reporting season, says Joe Magyer, senior analyst at The Motley Fool.

  • RBA 'running out of room to cut rates': Expert Tuesday, 4 Aug 2015 | 12:31 AM ET
    RBA 'running out of room to cut rates': Expert

    With the cash rate sitting at a record low of 2 percent, the Reserve Bank of Australia needs "solid evidence" for further easing, says Sean Fenton, director & portfolio manager at Tribeca Investment Partners.

  • Behind the scenes at Australia's biggest mining forum

    As the sun goes down, delegates attending the Diggers and Dealers mining forum flock to the local pubs. CNBC's Matthew Taylor has more from Kalgoorlie, Western Australia.

  • How Western Areas is coping with commodity slump Monday, 3 Aug 2015 | 11:31 PM ET
    How Western Areas is coping with commodity slump

    Dan Lougher, MD & CEO of Western Areas, says the firm rolled out cost-cutting measures to combat falling commodity prices, while a weaker Aussie dollar is working in the company's favor.

  • Saracen Mineral: Margins expanding despite gold's slide

    Raleigh Finlayson, managing director at Saracen Mineral Holdings, says factors such as a weaker Australian dollar have cushioned the impact of falling gold prices.

  • RBA will take a 'wait and see' approach: Pro Monday, 3 Aug 2015 | 9:45 PM ET
    RBA will take a 'wait and see' approach: Pro

    Matthew Circosta, economist at Moody's Analytics, says Tuesday's retail sales and trade data are headed in the right direction hence the Reserve Bank of Australia will likely leave interest rates on hold.

  • Heron Resources CEO: Positive on zinc Monday, 3 Aug 2015 | 9:36 PM ET
    Heron Resources CEO: Positive on zinc

    Despite the recent decline in the price of zinc, Heron Resources remains positive on the commodity's supply and demand fundamentals, says managing director & CEO Wayne Taylor.

  • How gold miners are weathering the price slump Monday, 3 Aug 2015 | 8:33 PM ET
    How gold miners are weathering the price slump

    While declining gold prices will inevitably hurt revenue, gold miners are getting help from falling local currencies and oil costs, says Greg Foulis, CEO of Kingsgate Consolidated.

  • This analyst expects RBA to stand pat on rates Monday, 3 Aug 2015 | 8:06 PM ET
    This analyst expects RBA to stand pat on rates

    Matthew Hegarty, senior analyst at Antipodes Global Investment Partners, says the Reserve Bank of Australia (RBA) sees no incentive to lower interest rates on the back of a weaker Aussie dollar.

  • Gold Road Resources: We're enjoying currency benefits

    Ian Murray, executive chairman at Gold Road Resources, says some miners are "making good money" from the current gold price in Australian dollars. He later introduces the company's latest discovery: the Gruyere deposit.

  • Expect RBA to hold rates after Aussie dollar's fall: HSBC

    Paul Bloxham, chief economist for Australia and New Zealand at HSBC, expects the Reserve Bank of Australia to keep interest rates steady following the recent fall in the Australian dollar.

  • Why Independence Group acquired Sirius Resources Monday, 3 Aug 2015 | 12:35 AM ET
    Why Independence Group acquired Sirius Resources

    Peter Bradford, managing director & CEO at Independence Group, says the company acquired Sirius Resources so as to strengthen its development pipeline and future cash flow.

  • What lies ahead for Sirius Resources Sunday, 2 Aug 2015 | 10:48 PM ET
    What lies ahead for Sirius Resources

    Mark Bennett, managing director at Sirius Resources, discusses the company's merger with Independence Group.

  • How is Australia coping with the commodity downturn? Sunday, 2 Aug 2015 | 10:31 PM ET
    How is Australia coping with the commodity downturn?

    Gene Sperling, former director of the National Economic Council and the former assistant to the President for Economic Policy, discusses Australia's outlook amid a China-led downturn in the commodity industry.

  • Week ahead: Which Asian central banks will ease? Sunday, 2 Aug 2015 | 10:00 PM ET

    Asian central bank decisions are in the spotlight as policymakers debate the best course of action amid expectations of a Fed hike in September.