Mell Chun

Hong Kong protests fuel buyer interest in luxury Australia, New Zealand homes

Aug 26 2019

SYDNEY Hong Kong buying enquiries for expensive Australian and New Zealand homes have ramped up due to anti-government protests in the Chinese-ruled city, according to property agents and real estate data, as wealthy investors look for a safe haven.

UPDATE 3-Australia's Coles warns rival's 'Ooshies' collectables to pressure sales

Aug 22 2019

* Shares up 4% (Recasts with plastic toy promotion; adds CEO comments)

PNG puts Barrick, Zijin on notice over Porgera gold mine negotiations

Aug 19 2019

SYDNEY Papua New Guinea plans to take a larger share of the Porgera gold mine as part of lease-renewal talks, diluting the ownership of joint venture partners Barrick Gold Corp and Zijin Mining Group, the country's commerce minister told Reuters on Monday.

Sydney's water supply falling at fastest rate on record due to drought

Aug 16 2019

SYDNEY Australia's biggest city Sydney is running down its water supply at the fastest rate on record with dams expected to fall below half maximum capacity due to the worst drought on record, the government said on Friday.

Australian wool prices a casualty in U.S.-China trade war

Aug 14 2019

YENNORA, Australia Wool prices in the world's dominant exporter, Australia, are plunging after Chinese mills closed their order books, with buyers citing an escalation in the U.S.-Sino trade war.

World News