Oceania

Body Found After P&O Pacific Adventure Cruise Ship Passenger Fell Overboard Near Sydney Harbor

A body has been found during the search for a person who was reported missing after falling overboard from a cruise ship in the waters near Sydney.


Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services

Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering...

Melbourne Residents Face Steeper 'Bin Tax' Increase Amid Cost-of-Living Concerns

An Australian council plans to increase its "bin tax" despite the controversy surrounding it since it was implemented just a year ago...

New Zealand Implements New Import Rules for Frozen Berries After Hepatitis A Outbreak

New Zealand Food Safety has updated its import regulations to handle frozen berries better to avoid another hepatitis A outbreak...


Latest News

Aussie friends can now locate their mates using Facebook's Nearby Friends
Good news to Aussie Facebook lovers. Nearby Friends, a feature from Facebook can now be used by our mates in Down Under to locate their friends along the neighborhood or vice versa.
Australia's Vocus to acquire its rival M2 Group for A$1.93B
Australia - Vocus Communications will purchase M2 Group for A$1.93B. The merging will be completed in 2016. Vocus Communications Ltd. had come up with an agreement to purchase M2 Group for A$1.93B, th
Macquarie Group’s expected profits to surge 40% in H1
Buoyed with drop in Australian currency and rise in revenues from its asset management unit and risk management fees, Macquarie Group Ltd is confident of achieving 40 percent growth in profits for the
Oil Search Ltd rejects $8B takover offer by Woodside
Oil Search Ltd has refused the $8-billion takeover bid made by Woodside Petroleum Ltd, the biggest energy company in Australia. The rejection has turned out to be a major hurdle for Woodside Petroleum
Australian dollar recovers as unemployment figures went down
The Australian dollar has slightly recovered after Australian employers created more jobs than what economists forecasted last month, pulling down the unemployment rate. According to Bloomberg, the Au
Dollar, bond yields up on Fed rate risk
Asian shares markets got off to a watchful start on Wednesday as the mounting risks of a hike in U.S. interest rates as early as next month lifted the dollar and sovereign bond yields, pressuring curr
Australian state could change mining approval rules, impact Rio Tinto project
The Australian state of New South Wales has proposed changing its mining approval process to give greater consideration to environmental concerns, potentially threatening a colliery expansion planned
Germany's BMW among suitors for $6.4 billion ANZ car finance unit -source
Germany's BMW AG (BMWG.DE), Australia's Macquarie Group (MQG.AX) and a host of U.S. private equity firms are expected to bid for Australia and New Zealand Banking Group's (ANZ.AX) more than $6 billion
World financial fears keep Asia firms in holding pattern - Reuters/INSEAD survey
Sentiment at some of Asia's biggest firms has deteriorated as a slowing Chinese economy, Greek sovereign debt crisis and looming U.S. interest rate hike create deepening concern about the state of the
BHP's South32 risks tough market debut, M&A talk swirls
BHP Billiton's shareholders are expected to approve the biggest ever spin-off in the mining industry on Wednesday, seeking to wring more value out of a string of long-neglected aluminum, manganese, si
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