Asian markets closed mostly down after selling off on Monday, with some energy stocks seeing a rebound after oil prices rose in the U.S. session.
Asian stocks closed sharply in the red, led by a heavy afternoon sell off in the Chinese market as the regulatory body went after brokerages.
While fresh geopolitical fears after Turkey shot down a Russian warplane sent most Asian equities lower, oil prices and some energy plays saw gains.
Asian shares rebounded from the prior day's sell-off, as investors take heart from the rally on Wall Street.
Asian stocks endured a sell-off on Monday, with sentiment badly dented by Friday's brutal terrorist attacks in Paris.
American Airlines and Qantas have boosted their tie-up, with the Aussie carrier pushing deeper into the U.S., while AA taps New Zealand.
Asian shares plummeted on Tuesday, with commodity plays among the biggest casualties on the back of China-related worries.
The sell-off in Asian stocks continued on Thursday, as investors weighed concerns about the stability of China's economy.
Qantas Airways posted one of the quickest turnarounds in Australian corporate history, with a return to full-year profit.
Australia may be weighing allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive.
The Australian government may allow foreign airlines to operate domestic routes, reports the Wall Street Journal.
Japanese shares outperformed the region by clinching a new multi-year high, as the rest of Asia traded mixed on Thursday.
Qantas Airways' blockbuster results are just the beginning, according to CEO Alan Joyce who hinted of an even brighter outlook ahead on Thursday.
Australia's Qantas Airways on Thursday reported its best first-half profit in four years thanks to cost-cutting and lower oil prices.
Singapore is budgeting $3 billion for a fifth airport terminal before the fourth is even completed, but it isn't clear the travelers will come.
In a first, Australian carrier Qantas will make Samsung's virtual reality headsets available to high-end flyers on some overseas trips.
Asian airlines are slashing fuel surcharges as oil prices hover at six-year lows, butcarriers are likely to bump up fares to maintain margins.
Qantas Airways will raise base ticket prices to offset drop of fuel surcharges, a move against calls for the airline industry to lower fares.
Australian police locked down the center of Sydney after an armed man took hostages, igniting fears of a jihadist attack.
China's benchmark index tumbled as much as 6 percent in the last hour of trade after rallying to a three-and-half-year high of 3,091 points earlier.