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. Defence 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)
MELBOURNE/SYDNEY Global miner Rio Tinto on Thursday formally pledged to plough billions of dollars into a futuristic iron ore mine in the red dirt of Western Australia, upping expected costs by nearly a fifth while lifting its projected output.
* 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.
SYDNEY Amazon.com Inc said on Thursday it would stop blocking Australians from shopping on its U.S. site after a customer backlash, unwinding a move which has tarnished the e-commerce giant's launch in the world's 12th-largest economy. | Video
PORT MORESBY A group of up to 100 Papua New Guinea (PNG) security personnel forced their way into parliament on Tuesday to demand unpaid wages, just days after world leaders attended a regional summit in the impoverished island nation. | Video