PORT MORESBY From her red-roofed home near Papua New Guinea's capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp to liquefy billions of dollars' worth of natural gas before it is shipped to Asian buyers.
SYDNEY A public inquiry into mistreatment of the elderly in Australia's A$20 billion ($14 billion) aged-care industry begins hearings on Friday, with investors expecting damaging testimony to be followed by tighter regulation and a possible sector shakeout.
SYDNEY Australian retail conglomerate Wesfarmers Ltd warned on Monday that its discount department stores made slower-than-expected sales over Christmas, sending its shares sliding to a one-month low and auguring badly for rival retailers.
SYDNEY/SEOUL The abrupt resignation of U.S. Defense Secretary Jim Mattis sparked concern among Asia-Pacific allies who credit the retired general with building trust and tempering isolationist impulses, regional officials and analysts said on Friday.
SYDNEY The Australian consumer watchdog warned a A$15 billion ($11 billion) tie-up between the local arm of Britain's Vodafone Group and internet provider TPG Telecom Ltd may hurt competition, sending shares down across the sector.
SYDNEY Australia's competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc's Google in the country's online advertising and news markets.
* Move puts agreement to buy ANZ's pension business at risk
(Adds risk of management overhaul comments, updates shares)
* Koodaideri mine capital cost rises to $2.6 bln from $2.2
SYDNEY Papua New Guinea (PNG) will uphold its agreement with China's Huawei Technologies Co Ltd to build its internet infrastructure, a PNG government minister said on Monday, dismissing offers from Western countries to take on the work.