Category: Asia Focus

China boost profit for Penfolds maker Treasury Wine Estates

China boost profit for Penfolds maker Treasury Wine Estates

Treasury Wine Estates, maker of Penfolds, Rosemount, Lindeman’s and Wolf Blass, has upgraded its profit on the back of growing demand...

Markets rally as weak China figures spark stimulus hopes

Markets rally as weak China figures spark stimulus hopes

Global equity markets have rebounded from the horror start to the year following the weaker economic growth figures from China raising...

China grows at its slowest pace in quarter of a century

China grows at its slowest pace in quarter of a century

The Chinese economy grew at 6.9 per cent last year, its slowest pace since 1990, compared with 7.3 per cent a year earlier. The figure was...

Stock markets sink as oil falls below $28

Stock markets sink as oil falls below $28

Stock markets around the world fell on the back of the oil price nosediving as low as $US27.67 and concerns about China and the global...

China claims its growth is at 7 per cent

China claims its growth is at 7 per cent

China’s economy grew at 7 per cent last year despite lacklustre domestic and international demand, according to Chinese premier Le...

China’s iron ore imports at record levels

China’s iron ore imports at record levels

China’s iron ore imports have surged to an all-time high with the price for the commodity falling. According to customs data, iron ore...

Terrorism attacks to hit Indonesian tourism industry

Terrorism attacks to hit Indonesian tourism industry

Tourism operators can expect yesterday’s terrorist attack in central Jakarta, which killed an Indonesian and a Canadian and which wounded...

China’s positive trade figures

China’s positive trade figures

China’s exports in December rose 2.3 per cent, the first increase since June last year, on the back of a weakened yuan and falling...

Female billionaires on the rise

Female billionaires on the rise

There are now more female billionaires than ever before and Asia is leading the surge. According to a UBS/PwC billionaire report, the...

Korean consortium is the preferred buyer of Arrium

China reduces steel production with more cuts on the way

Steel makers in China, the world’s biggest production hub, are cutting their output amid falling demand and prices. According to...