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India

Tom Westbrook

Australian bourse probing abrupt director exits at two Chinese agricultural firms

19 Jul 2019

SYDNEY The Australian bourse said on Friday it is investigating the mass resignations of directors at two Australia-listed Chinese agricultural companies, in one case over a rumored probe of criminal connections to its plantations in China.

FOREX-Encouraging China economic data buoys Australian dollar

15 Jul 2019

SYDNEY, July 15 The Australian dollar reached a 10-day high on Monday on stronger-than-expected economic data from China, which some analysts saw as signalling that moves to revive spending in the world's second biggest economy are working.

FOREX-Australian dollar strengthens on encouraging Chinese data

15 Jul 2019

SYDNEY, July 15 The Australian dollar strengthened on stronger-than-expected economic data from China, which some analysts saw as signalling that moves aimed at reviving spending in the world's second biggest economy are having some success.

FOREX-Dollar marks time ahead of key Chinese economic data

15 Jul 2019

* Investors to watch China retail, output figures due at 0200 GMT

Virgin Australia's frequent-flyer partner seeks to exit stake

11 Jul 2019

SINGAPORE/SYDNEY Virgin Australia Holdings Ltd said on Thursday that Affinity Equity Partners is seeking to exit its 35% minority stake in the carrier's Velocity frequent flyer program, five years after its A$335 million ($233 million) purchase.

Samsung in hot water over splashy Australian phone ads

04 Jul 2019

SYDNEY Australia's consumer watchdog has sued Samsung Electronics Co Ltd's Australian unit for allegedly misleading consumers by promoting water-resistant Galaxy smartphones as suitable to use in swimming pools and the surf. | Video

Australian student released from North Korea says he's 'very good'

04 Jul 2019

SYDNEY/TOKYO An Australian student who was detained in North Korea was freed and safely left the country on Thursday, arriving in Tokyo via Beijing later the same day after Swedish officials helped broker his release. | Video

Australia's Blackmores hires China-focused boss to lead turnaround

02 Jul 2019

SYDNEY Australian vitamin maker Blackmores Ltd hired Alastair Symington from embattled cosmetics-maker Coty Inc as its chief executive on Tuesday, as the China-focused firm seeks to revive sales growth after a consumer downturn.

UPDATE 2-Australia's Blackmores hires China-focused boss to lead turnaround

02 Jul 2019

* Shares lift 1.9% to one-week high (Recasts adding market reaction, quotes from analyst and management)

Tax cuts are first test for Australian government after May election victory

01 Jul 2019

SYDNEY Australia's government faces its first legislative test after being returned in May's election when parliament meets on Tuesday, as it seeks support from independent senators to pass tax cuts needed to stimulate a stumbling economy.

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