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Shayne Elliott, the CEO of ANZ bank, discusses the U.S.-China trade tensions and Australia's Royal Commission inquiry into the banking sector. » Read More
Sluggish wage growth, rising living costs and high levels of household debt have been weighing on the consumer mood, offsetting broad-based strength in employment. » Read More |
By: Yen Nee Lee
The current U.S.-China trade spat may widen to include more economies if President Donald Trump ends up subsidizing American farmers further, experts said. » Read More |
By: Kellie Ell
Veteran trader Art Cashin says this year's market volatility is reminiscent of the 1987 stock market crash. » Read More |
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Carlyle Group will buy Australia's Accolade Wines from a local private-equity firm for $770 million, triple what the Australians paid seven years ago.
The landmark Pacific trade deal known as TPP could motivate companies to reduce dealings with an increasingly protectionist U.S. following President Donald Trump's tariffs.
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China's imposition of tariffs of up to 25 percent for U.S. agriculture could be a big gain for Australia, particularly for wine and certain nuts and fruits.
China urged the U.S. to "pull back from the brink" as President Donald Trump's plans for tariffs on up to $60 billion in Chinese goods moved the world's two largest economies closer to a trade war.
"Rightly or wrongly, many Chinese are likely to interpret the Quad efforts and U.S. freedom of navigation operations in terms of new gunboat diplomacy."
The domestic Chinese market is likely to move ahead fast with 5G technology, according to a Credit Suisse analyst.
Phantom Secure sold modified Samsung and BlackBerry phones that it marketed as "uncrackable".
Some Southeast Asian nations are now "seeking to diversify their strategic partnerships, beyond a binary choice between Beijing and Washington," a think tank said.
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The chatbot on Facebook Messenger is available to Citi's consumer banking clients in Singapore beginning Thursday. The bank plans to roll out the service in Hong Kong and Australia later this year.
Asian stock markets traded sideways on Tuesday, lacking a clear direction after Wall Street gave up gains and as investors look forward to the release of U.S. inflation data later in the day.
The benefits for CPTPP will likely be positive for exports and incomes across the member nations, says Matthew Circosta of Moody's Investors Service.
Frank Poullas of Magnis Resources discusses the synergies behind the company's manufacturing license with the Tanzanian government.
It would, however, be "hard to imagine" a scenario where Australia isn't exempt from the tariffs from the U.S., says Heath Baker of Export Council Australia.
Activists point to UK and Australian gun control laws, but experts say their examples are hard for the USA to emulate.
A new contract for more F-35 fighter jets will take time, given the focus on cost, Lockheed Martin's CEO tells CNBC.
The investigation report into the disappearance of MH370 will be released after the latest search efforts are completed, officials said.
