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China

Cyclone Debbie coal disruption set to ease

Cyclone Debbie will have a lingering impact on coal pricing.

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.

The spectacular rise and 90-minute fall of a dairy tycoon

Yang Kai

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.

China industrial output remains robust

China's economy continues to post robust growth

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.

A delivery man just became one of the richest people in China

A ZTO Express courier on his delivery route in Shanghai.

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.

Woodside raises payout on profit surge

Woodside Petroleum's net profit was up sharply on the performance in 2015 and broadly in line with analyst forecasts.

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.

Day traders? Taxi drivers? Iron ore making little sense

Helping to nudge the iron ore price higher was a new round of speculation China will close more of its heavily polluting ...

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.

Global turmoil, China concerns have Rio worried

Rio Tinto has published a modest set of production numbers for the March quarter.

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.

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