Australia
Qantas CEO blames ‘little governing administration support’ and Covid for lagging some of its peers
Qantas CEO Alan Joyce advised CNBC the airline was not ready to return to gain as speedily as other carriers like those in Singapore because it did not acquire as much governing administration aid and confronted a “large wave of Covid … no one was setting up for.” Australia’s nationwide provider has posted its 3rd […]
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Asia-Pacific shares established for larger open up in advance of Jackson Gap, Financial institution of Korea amount determination
The Tokyo Stock Trade (TSE), operated by Japan Trade Team Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg by way of Getty Images Futures in the Asia-Pacific were being pointing to a higher open up for markets in advance of the Jackson Hole symposium kicking off stateside. Japan’s Nikkei […]
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BlackRock makes $700 million investment in Australian battery storage
Wind turbines in Australia. Earlier this year, a report from Australia’s Clean Energy Council said renewables were responsible for 32.5% of the country’s electricity generation in 2021. Josh Hawley | Moment | Getty Images A fund under the management of BlackRock Real Assets is set to acquire Akaysha Energy, an Australian firm that develops battery […]
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U.S. Navy is seeing more ‘unsafe’ aerial intercepts by China, says Seventh Fleet commander
U.S. Navy P-8 Poseidon aircraft. Nurphoto | Nurphoto | Getty Images SINGAPORE — The commander of the U.S. Seventh Fleet said on Tuesday that he’s seen an increase in “unsafe” aerial intercepts by the Chinese military in the South China Sea region. As recently as May, a Chinese fighter aircraft allegedly intercepted a Royal Australian […]
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How do people in Asia-Pacific feel about travel right now? It depends on where they live
For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, according to a new survey commissioned by the travel website Booking.com. Some 11,000 people in the region were polled about their comfort levels and concerns, […]
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Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Pinterest and others
Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s stock rose 1.7% in the premarket after its quarterly earnings and revenue beat forecasts, and it raised its full-year outlook. The company’s results were helped in part by a strong performance at its Optum health care services unit. Wells Fargo […]
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Sydney residents assess flood damage as wild weather eases
Residents next to the overflowing Hawkesbury River in the northwestern Sydney suburb of Windsor on July 6, 2022. Heavy rain that pummeled Sydney over the last five days eased on Thursday as flood-weary residents looked to return to homes to take stock of the damage, some for the third time this year. Muhammad Farooq | […]
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Australia floods worsen as thousands more flee Sydney homes
State Emergency Service and Rural Fire Brigade volunteers are seen during the evacuation of residents from the Woronora River area as floodwaters rise on July 04, 2022 in Sydney, Australia. Sean Foster | Getty Images News | Getty Images Torrential rains kept battering Australia’s east coast on Tuesday, intensifying the flood crisis in Sydney as […]
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Asia-Pacific markets rise; Reserve Bank of Australia decision ahead
SINGAPORE — Shares in the Asia-Pacific traded higher as investors look ahead to the Reserve Bank of Australia’s rate decision. South Korea’s Kospi increased 1.29%, and the Kosdaq advanced 3.25%. SK Hynix jumped 3.37% while Naver rose 3.19%. The Nikkei 225 in Japan gained 0.82%, while the Topix index rose 0.4%. Hong Kong’s Hang Seng […]
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The Quad is going beyond military exercises — and China is watching
Over the years, the Quad has been incorrectly called an “Asian NATO,” especially when it comes to security concerns about another big power in the region — China. The Quad, or the Quadrilateral Security Dialogue, comprises four big, democratic economies: the United States, Japan, India and Australia. Over the years, the Quad has been incorrectly […]
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