MELBOURNE/SYDNEY Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore pushes prices to one-year lows, with analysts seeing little prospect of recovery.
SYDNEY Australian companies Goodman Group and Rio Tinto are near completing up to a combined $3.5 billion (2.7 billion pounds) in bond repurchases in the United States, a stark contrast to casino Crown Resort which is struggling to buy back A$532 million (310 million pounds) of debt from local investors.
SYDNEY, June 7 Australian companies Goodman
Group and Rio Tinto are near completing up to a combined $3.5
billion in bond repurchases in the United States, a stark
contrast to casino Crown Resort which is struggling to buy back
A$532 million ($400 million) of debt from local investors.
SYDNEY/TOKYO Australia has become the world's most active market for securitized home loans, with sales at their highest in a decade as lenders seek to take advantage of surging demand from yield-starved Japanese investors.
SYDNEY When ride-hailing company Uber started in 2014, Sydney resident Rosalina Kariotakis was among the first drivers to sign up, becoming part of the "gig economy" where freelance work is transforming the traditional job market in step with advances in technology.
SYDNEY Investors are plowing ever more into ethical funds to back their views on issues such as global warming and gender equality, but such investments can be confusingly similar to standard funds, except for higher fees and 'green halo' marketing.
SYDNEY Parts of Australia's farming industry are rushing to recruit a new generation of tech-savvy graduates as the sector swaps its bucolic past for a future of drones, robots and automated sensors.
SYDNEY, Jan 19 Australia sold a record A$9.3
billion ($7 billion) of debt this week thanks to strong demand,
with investors unfazed by risks the nation might lose its
triple-A rating due to protracted budget deficits.
SYDNEY Merricks Capital, one of a handful of Asia-Pacific based hedge funds specializing in agricultural markets, believes Australian wheat prices will stay strong this year, even though the global market is flush with the cereal.
SYDNEY Australian pension funds are luring dozens of portfolio managers to work in-house to boost returns in a cut-throat investment environment, a move that could see external fund managers lose A$230 million ($172 million) in annual fees.