Edition:
United States

Tom Westbrook

APEC fails to reach consensus as U.S.-China divide deepens

6:35am EST

PORT MORESBY Asia-Pacific leaders failed to agree on a communique at a summit in Papua New Guinea on Sunday for the first time in their history as deep divisions between the United States and China over trade and investment stymied cooperation.

U.S.-China discord dominates APEC summit in Papua New Guinea

Nov 17 2018

PORT MORESBY The United States and China swapped barbs over trade, investment and regional security at an Asia Pacific Economic Co-operation (APEC) summit on Saturday, as growing fault lines among members suggested little prospect of consensus at the weekend meeting.

Melbourne police see Islamic State 'inspiration' behind stabbings

Nov 10 2018

MELBOURNE An Australian man who set fire to a truck laden with gas cylinders in the center of Melbourne and stabbed one person to death was inspired by Islamic State but did not have direct links with the group, police said on Saturday. | Video

Melbourne knife attacker inspired by Islamic State, police say

Nov 10 2018

MELBOURNE A Somali-born man who set fire to a truck laden with gas cylinders in the centre of Melbourne and fatally stabbed one person was inspired by Islamic State but did not have direct links with the group, Australian police said on Saturday. | Video

UPDATE 4-Melbourne knife attacker inspired by Islamic State, police say

Nov 09 2018

* Gas cylinder-laden truck driven downtown, one person fatally stabbed

Gas-laden truck set afire, three stabbed, one dead in Australia terror attack

Nov 09 2018

SYDNEY/MELBOURNE A Somali-born man set fire to a pickup truck laden with gas cylinders in the center of the Australian city of Melbourne on Friday and stabbed three people, killing one, before he was shot by police in a rampage they called an act of terrorism. | Video

Coke's coffers crammed with kina as dollar crunch hits Papua New Guinea

Nov 08 2018

Coca-Cola has mastered the business of getting its sweet, fizzy drinks into even the most isolated of Papua New Guinea's far-flung tropical islands and mountain villages.

Australia's banking regulator flags higher capital requirements

Nov 08 2018

SYDNEY Australia's bank regulator said on Thursday it wants to raise the amount of spare capital banks must carry, its third such request in three years, heaping pressure on companies already bracing for tightened regulation.

Australia's James Hardie offers cloudy U.S. housing outlook, shares plunge

Nov 08 2018

SYDNEY The world's biggest fiber cement maker, James Hardie Industries PLC , cut its earnings guidance on Thursday and said the future of a U.S. home building boom propelling its profit was uncertain, sending its shares tumbling to a more than two-year low.

KKR nudges up bid for Australia's MYOB, granted due diligence

Nov 01 2018

SYDNEY Australia's MYOB Group said it will grant due diligence to KKR & Co after the U.S. buyout giant sweetened its offer to take full control of the accounting software provider firm to A$1.8 billion ($1.3 billion).

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