$3.3b sale: Chinese Rio mine purchase gets green light
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The largest acquisition by a Chinese government entity of Australian assets has been greenlighted with FIRB not opposing the $US2.5 billion purchase of Rio Tinto's suite of NSW coal assets.
The largest acquisition by a Chinese government entity of Australian assets has been greenlighted with FIRB not opposing the $US2.5 billion purchase of Rio Tinto's suite of NSW coal assets.
The lingering impact of Cyclone Debbie on Queensland's exports of coal will begin to ease this week for some exporters as work is expedited to repair the multiple rail links which shift the millions of tonnes of coal to port.
Government coffers will benefit from the "stronger for longer" spike in commodity prices.
It took more than a decade for Yang Kai to amass one of China's most celebrated dairy fortunes. He may have lost it in less than 90 minutes. Now details of the company's shocking mountain of debt emerge, and his right-hand executive has disappeared.
Tesla chief Elon Musk just gained a massive and well-connected confidant to help him better crack China's auto market: Tencent Holdings.
US short seller Glaucus Research Group has made a full-frontal assault of local sandalwood producer TFS, with some success.
Duan Yongping is convinced Tim Cook didn't have a clue who he was when they first met a couple years ago. The Apple boss probably does now.
Vitamin company Blackmores has been publicly shamed on China's annual Consumer Rights Day.
A series of Chinese deals have come apart in recent months, and now the government wants to pull back.
China's industrial output grew more than 6 percent in January and February, a vice chairman of the state economic planner said on Sunday, adding that the survey-based unemployment rate in 31 major cities was about 5 percent for the two-month period.
If you're looking to tap into the astonishing consumer demand in China, these five products are your best bet.
China set a slightly lower economic growth target for this year as the country's lawmakers began their annual meeting on Sunday.
Premier Li Keqiang outlines China's plans for expanding its economy.
German discount supermarket chain Aldi is planning to start online sales in China this month, hoping to appeal to Chinese consumers with a selection of wine, snack and breakfast products.
Imagine if your net worth increased by $US2 billion ($2.6 billion) a day for the past week. That's what happened when shares of China's largest parcel delivery company, S.F. Express, made their debut and turned founder Wang Wei into the country's third-richest man.
President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analysing Beijing's foreign exchange practices.
Woodside has outlined an ambitious plan which could see undeveloped offshore gas handled at its onshore facilities as it promotes a "Burrup Hub" in the remote north west of the country
The rebound in oil - and gas - prices helped to propel Woodside Energy's earnings sharply higher in 2016 as it looks to higher output in the year ahead to maintain the growth momentum.
Caltex in business review as BP's planned $1.8 billion buy of Woolworths petrol stations will hit sales volumes
At the dawn of the year of the rooster, China's economy is as leveraged as ever, with credit still outpacing growth.
China's move to ban coal imports from North Korea, effectively slicing the country's exports by about half, came with a message for the U.S. and its allies: It's time to do a deal.
Bellamy's shareholders told not to back the push to grab board control of the troubled company
Unlike some key local competitors, A2 Milk has boasted of "strong growth in demand" for its infant milk formula in China as it posted a surge in earnings.
Day traders in China? Taxi drivers in Dalian? Take your pick, but either way the sustained surge in the iron ore price has caught the smart money by surprise while giving a second wind to a group of second tier iron ore miners which have been struggling with busted balance sheets and bloated costs to stay afloat.
Jan Cameron has lashed the board of troubled infant milk formula group Bellamy's Australia for presiding over a "67 per cent destruction in share value" over the past 12 months.
The push by a group of dissidents to take control of infant formula maker Bellamy's Australia has hit a hurdle, with one of its four board nominees pulling out.
In a thinly reference to the new US president, Anglo-Australian miner Rio Tinto has warned of rising geo-political risk while also stating it expects China to continue to provide economic stimulus for much of the year ahead.
It is rare to find much unanimity among economists, but one of the few things they agree on is that the trough in commodity prices of 2016 will not be repeated. The question for now is how far will prices retreat, especially following the March quarter, which often marks a cyclical high.
The uncertain fate of Xiao Jianhua, a China-born billionaire who was last seen at a luxury Hong Kong hotel a week ago, has raised fresh fears about the city's autonomy amid media reports he may have been abducted by Chinese agents.
A Chinese-born billionaire with financial ties to Beijing was reportedly kidnapped by Chinese police from Hong Kong's Four Seasons Hotel.
If there was any trend to be seen at this year's biggest watch fair, it was value for money.
Named after a mythological rabbit, the surrealist Jackalope Hotel is like staying in a dream.
The creators of the Flow Hive are battling to defend their invention from alleged copycats.
Inevitably, downsized interstate offices become an afterthought, with remaining staff less productive and committed.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.