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  • Brambles Sees Positive Outcome to Wal-Mart Talks Tuesday, 24 Jun 2008 | 12:51 AM ET

    Brambles, the world's biggest pallet supplier, flagged solid profit growth this fiscal year and sought to reassure investors it was not about to lose valuable business from U.S. retailgiant Wal-Mart Stores.

  • China Steel Mills Avert Showdown With Iron Ore Deal Monday, 23 Jun 2008 | 10:37 PM ET
    Factory, Anshan, China

    Chinese steelmakers narrowly averted a showdown with Australian iron ore suppliers, when they agreed to a higher-than-expected rise in term iron ore prices a week before they would have had to start paying much higher spot prices.

  • Asian Markets Decline to Multi-Month Lows Monday, 23 Jun 2008 | 5:06 AM ET

    Asian markets closed in the red Monday, but were well off their session lows as investors took the opportunity to buy beaten down stocks.

  • Asian Stocks Mixed as China Hikes Fuel Prices Friday, 20 Jun 2008 | 5:08 AM ET

    Asian markets were mixed Friday as regional stocks reacted to China's hiking of fuel prices. Trading has been volatile throughout the session with markets, particularly in Shanghai, making radical swings between positive and negative territory.

  • Qantas Engineers to Hold Rolling Strikes Wednesday, 18 Jun 2008 | 10:00 PM ET
    Qantas passenger jets parked at their terminal at Sydney Airport.

    Australian flag carrier Qantas Airways faces rolling strikes by its engineers from next Monday as a pay dispute worsens, posing more headaches for an airline struggling with high fuel prices.

  • Asian stocks took a beating Thursday, after Wall Street closed at a three-month low, sparking fears of a pullback in export demand with oil prices remaining high and feeding a rally in safe-haven government bond prices. Japan shed 2.2 percent while Australia gave up 1.4 percent.

  • Asian Markets Stage Late Rally, China Surges 5% Wednesday, 18 Jun 2008 | 5:20 AM ET

    Asian markets staged a late rally Wednesday with Japan and South Korea closing in the black, as oil dipped for the fourth straight session, signaling lower costs for firms following a plan by top exporter Saudi Arabia to raise crude output.

  • Asian Markets End Mixed; China Falls 2.8% Tuesday, 17 Jun 2008 | 5:58 AM ET

    Asian markets ended mixed Tuesday with the weaker U.S. dollar pushing exporters such as Canon to a weaker finish. But financial shares moved higher, helping to offsetting losses.

  • Australia's RBA Felt Rates High Enough in June Monday, 16 Jun 2008 | 11:08 PM ET

    Australia's central bank  concluded that interest rates were high enough to cool the  economy and restrain inflation, at its June policy meeting,  minutes showed on Tuesday, though the board stood ready to tighten further should demand not slow as expected.

  • Asian Markets Rally on Easing Inflation Fears Monday, 16 Jun 2008 | 4:57 AM ET

    Asian markets rallied Monday after muted U.S. consumer price data and softer oil prices helped ease concerns about inflation and higher interest rates in the world's top economy. Japan closed 2.7% higher.

  • Asian Markets Mixed after Volatile Session Friday, 13 Jun 2008 | 5:08 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian markets came off initial losses Friday in volatile trading, with gains in technology and export-related stocks offsetting weakness in financials and shippers. Japan, Australia and South Korea all closed stronger.

  • Australia Needs Tight Policy Given Trade Boom : RBA Friday, 13 Jun 2008 | 12:01 AM ET

    Domestic demand in Australia is cooling in the face of higher interest rates but coming stimulus from a trade boom means a tight monetary policy remains essential, the country's top central banker said on Friday.

  • Asian Markets Sink on Inflation Fears Thursday, 12 Jun 2008 | 5:20 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian stocks sank deep into the red Thursday, with markets battered down by 2% on average. Japan, Australia and South Korea all closed sharply lower.

  • Australia Jobs Fall for First Time in 19 Months Wednesday, 11 Jun 2008 | 10:54 PM ET

    Australian employment fell in May for the first time in 19 months, an unexpected sign of softness in one of the strongest parts of the economy which should lessen the risk of another increase in interest rates.

  • Australia June Consumer Sentiment Hits 15-Year Low Tuesday, 10 Jun 2008 | 9:29 PM ET

    Australian consumer sentiment slumped to 15-year lows in June as surging petrol and living costs pressured family finances, a survey showed on Wednesday, suggesting household spending could yet fall further.

  • Asian Markets Move Higher in Afternoon Rally Tuesday, 10 Jun 2008 | 8:23 PM ET

    Asian markets staged a late rebound as persistent worries about inflation kept investors cautious for most of the morning session. However stocks rallied in the afternoon with Japan climbing over 1 percent.

  • Chinese Stocks Plummet in Asian Selloff Tuesday, 10 Jun 2008 | 5:36 AM ET

    Shanghai stocks suffered the most severe losses in widespread stock declines in Asia Tuesday, as investors returned after a long weekend to a sea of red. Ongoing credit worries and concerns about the U.S. economy continued to keep investors wary.

  • Asian Stocks Slide on High Oil, US Concerns Monday, 9 Jun 2008 | 5:11 AM ET

    Asian stocks came under selling pressure Monday, after Wall Street slumped on Friday, as oil spiked $11 and renewed fears of stagflation in the world's largest economy gripped the markets

  • Asian Markets Jump as Energy Prices Surge Friday, 6 Jun 2008 | 5:19 AM ET

    Asian markets were firmer but off their highs Friday, lifted by energy firms following a jump in oil prices. Both Japanese and Australian markets  gained over 1% .

  • Sinosteel Boosts Stake in Target Midwest to 40% Thursday, 5 Jun 2008 | 9:27 PM ET

    Chinese metals trader Sinosteel has increased its voting stake in Midwest to 40 percent from one third, according to a regulatory filing on Friday, as it battles for control of the Australian iron ore prospector.