ASIA PACIFIC

Australia cuts key interest rate to record low

Australia's central bank has cut its benchmark interest rate to a new record low, in an attempt to spur a fresh wave of economic growth.The Reserve Bank of Australia (RBA) cut its key rate to 2.5% fro...

By BBC News | Published: 06 August 2013

ASIA PACIFIC

Japan's tough choice on tax hike

Hong Kong-Japan is beginning to emerge from 15 years of economic stagnation but a tax rise aimed at controlling sky-high borrowing could spoil the party.The government is planning to double consumptio...

By CNNMoney | Published: 06 August 2013

ASIA PACIFIC

Western retailers to compensate victims of Bangladesh disaster

Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country's worst indus...

By Staff Reporter | Published: 10 June 2013

ASIA PACIFIC

World's largest maker of fuel from coal mulls selling Papua New Guinea assets

SASOL, the world's largest maker of fuel from coal, is considering the sale of its gas assets in the island-state of Papua New Guinea."Sasol is considering divesting from Papua New Guinea," Alex An...

By Staff Reporter | Published: 10 June 2013
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