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  • Cyberattack damage limited this time but Asia vulnerable

    TOKYO -- A global cyberattack that has swept Europe and the U.S. in the past several days has landed on Asian shores, inflicting limited damage. But experts warn Asian companies are more vulnerable in terms of cybersecurity and could be hit harder i

    June 29, 2017 04:48 pm JST
  • Papua New Guinea struggles to keep vote on track

    AUCKLAND -- Allegations of corruption and illegality have forced the suspension of voting in parts of Papua New Guinea, including the capital Port Moresby, realizing long-held fears of trouble in the two-week-long general election.Voting began on Sa

    June 28, 2017 09:11 pm JST
  • China court hands jail terms to Australians in Crown Resorts trial

    SHANGHAI (Reuters) -- A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos.The Australian consul genera

    June 26, 2017 04:07 pm JST
  • Mitsubishi Estate's new fund to target greater Asia

    TOKYO -- Mitsubishi Estate will launch a fund to invest in office buildings and commercial facilities in Asia and Australia, with the goal of managing 200 billion yen ($1.79 billion) in assets in four years. The Tokyo-based real estate developer has

    June 23, 2017 01:27 am JST
  • Japan Post weighs its options following failed takeover bid

    TOKYO -- Japan Post Holdings said Monday that it has called off its planned acquisition of Nomura Real Estate Holdings, after failing to dispel concerns about the size of the purchase.With growth by takeovers unlikely due to the poor performance of

    June 22, 2017 07:28 pm JST
  • Rio Tinto taps Yancoal for Australian coal assets over Glencore

    SYDNEY -- Australian-British mining multinational Rio Tinto has decided to sell its steam coal-producing subsidiary Coal & Allied to China's Yancoal Australia, the company announced Tuesday, turning down a last-minute bid from Swiss commodity trader

    June 22, 2017 06:29 am JST
  • Daikin set to buy Australian A/C maintenance company

    OSAKA -- Daikin Industries will spend 8 billion yen ($71.6 million) to acquire Airmaster Australia, an air conditioning maintenance provider, hoping to lock in additional earnings via after-sales services amid a global surge in air conditioner use.T

    June 22, 2017 02:02 am JST
  • Canberra's crackdown on cash transactions imperils A$100 note

    SYDNEY -- Where have all Australia's 100-dollar banknotes gone? There should be 340 million of them circulating through the economy, according to figures from the central Reserve Bank of Australia, but the distinctive and virtually indestructible gr

    June 21, 2017 10:17 pm JST
  • Peacekeepers to leave Solomon Islands after 14 years

    AUCKLAND -- A 14-year peacekeeping mission involving 15 countries is to end this month in the Solomon Islands, but concerns are rising that the $2.1 billion effort has failed to establish political stability.Prime Minister Manasseh Sogavare told the

    June 21, 2017 01:54 pm JST
  • Jonathan Pryke

    Papua New Guinea set for costly, unpredictable poll

    Papua New Guinea is about to start its ninth general election, with voting taking place between June 24 and July 8, followed by counting over subsequent weeks. The coalition government led by Prime Minister Peter O'Neill enters the election under si

    June 21, 2017 12:00 pm JST
  • Film highlights 'enfant terrible' of Australian art world

    SYDNEY -- Internationally acclaimed Australian artist Brett Whiteley died alone from an overdose of drugs, including heroin, in a seaside motel 70km south of Sydney in 1992. Coming to fame in the hedonistic 1960s, Whiteley painted Bob Dylan and shar

    June 18, 2017 11:20 am JST
  • UN launches second round of nuclear ban talks

    UNITED NATIONS -- Delegates from more than 80 countries kicked off a second and possibly final round of negotiations Thursday on an international treaty to ban nuclear weapons, seeking to adopt a final text by the July 7 end of the conference."As we

    June 16, 2017 05:30 am JST
  • Indonesia's Kalla: TPP has lost its 'allure' without US

    Indonesia has lost its motivation to join the Trans-Pacific Partnership due to the U.S. withdrawal from the trade pact, the Southeast Asian country's vice president said in an interview."The allure of the TPP for Indonesia was the fact that the U.S.

    June 15, 2017 10:00 am JST
  • Greg Colton: Trump turns his back on climate change -- and US leadership

    U.S. President Donald Trump has unapologetically withdrawn from the Paris Agreement on climate change. Consequently, the U.S. joins Syria and Nicaragua as the only other nonsignatories to the treaty.Syria is in the midst a horrific civil war and san

    June 15, 2017 10:00 am JST
  • Giant truck 'platoons' head for Australia's main roads

    SYDNEY -- At some point in the next decade, driverless trucks in Australia will make the jump from mine sites to main roads. When that happens, transport experts predict big gains for road safety and freight economics, but disruption for some of the

    June 14, 2017 03:00 pm JST
  • Noble's woes raise specter of commodities meltdown

    TOKYO -- Once the shining star of Asia's commodities market, Noble Group is now facing trouble on all sides with a net loss for the January-March quarter, a stock price plunge, massive debt and harsh credit ratings downgrades.The Hong Kong-based, Si

    June 14, 2017 10:00 am JST
  • Australia's Crown Resort says employees charged with gambling offences in China

    SYDNEY (Reuters) -- Australian casino giant Crown Resorts Ltd said on Tuesday more than a dozen of its employees held in China since October have been charged with offences relating to promotion of gambling.Chinese authorities have referred the case

    June 13, 2017 11:43 am JST
  • Mitsubishi to cash out of 2 Aussie coal mines

    TOKYO -- Mitsubishi Corp. has decided to sell its interests in a pair of coal mines in New South Wales, Australia, as weak resource prices prompt trading companies to replace existing interests with new assets.Combined proceeds are seen topping 100

    June 13, 2017 06:36 am JST
  • Islamic State calls for attacks in West, Russia, Middle East, Asia during Ramadan

    CAIRO (Reuters) -- An audio message purporting to come from the spokesman of Islamic State called on followers to launch attacks in the United States, Europe, Russia, Australia, Iraq, Syria, Iran, and the Philippines during the Islamic holy month of

    June 13, 2017 06:04 am JST
  • Ahead of elections, NZ opposition flags 40% immigration cut

    WELLINGTON -- New Zealand's main opposition political party said Monday it would cut immigration by up to 40% if it wins national elections on Sept. 23.Andrew Little, leader of the center-left New Zealand Labour Party, said immigration had to be rei

    June 12, 2017 08:01 pm JST