Australia

Rental residential operator Scape manages Australia’s largest student accommodation fund. (Photo from Scape Facebook page)
DealStreetAsia

Aussie student housing fund gets $645m from Canada pension

International students pouring back into Australia after border reopening

31 October 2022
A joint venture between China's Tianqi Lithium and Australian miner IGO started up a refining plant in Western Australia this past May. (Photo courtesy of Tianqi Lithium Energy Australia)
Supply Chain

Australia draws Chinese, U.S. lithium processors in EV supply chain shift

New investments close to mines diversify production away from top refiner China

25 October 2022
Shoppers look at produce at a shopping center in Sydney on July 27.
Economy

Australia looks to trim spending as slowdown looms

Government seeks to boost wages; planned tax cuts for top earners off limits

24 October 2022
Australian Prime Minister Anthony Albanese’s government presents its first budget since taking office earlier this year.
Your Week in Asia

Australia federal budget, AIIB annual meeting, Japan monetary policy

Your weekly lineup of Asia's biggest business and political events

23 October 2022
“Futu, from day one, has always focused on outside of China market development,” CEO Leaf Li told Nikkei Asia. (Nikkei montage/Dylan Loh)
Finance

Tencent-backed Futu eyes new Asian markets outside China

Online broker's CEO Li explores options for dual listing, crypto offerings

21 October 2022
Gaw Capital is making its first-ever investment in clean energy. (Source images from Maoneng and Gaw Capital websites)
DealStreetAsia

Hong Kong's Gaw Capital targets Australian renewable energy

Private equity investor teams up with energy storage company Maoneng Group

20 October 2022
The resurgence of vinyl records over the past decade has been well-documented. Now the compact cassette, for all its imperfections, has been placed in the revivalist ranks. (Getty Images)
Tea Leaves

Cassette tape revival turns old trash into new treasure

Musicians and fans like its affordability and physical qualities in a digital world

19 October 2022
The Royal Australian Navy's Fleet Base West on Sept. 30: There is a clear window of opportunity for the Canberra and Tokyo to take their security and defense engagement to a new level. (Handout photo from Royal Australian Navy)
Opinion

Australia-Japan relationship is not just business anymore

Albanese's hosting of Kishida in Perth highlights rising security ties

19 October 2022
Rio Tinto sees "further downside risks to demand" for iron ore and other resources.
Materials

Rio Tinto warns of weaker commodity demand as iron ore slumps

Shipment outlook curbed amid China's soft construction activity

19 October 2022
Australian Defense Minister Richard Marles, second from left, with counterparts from the South Pacific in Tonga. He visited Papua New Guinea before the meeting, and will later head to Fiji. (Photo courtesy of Australia's Defense Ministry)
Indo-Pacific

Australia, South Pacific islands bolster ties as China's clout grows

Canberra ramps up diplomacy via regional defense chiefs' meeting and bilateral talks

19 October 2022
Prime Minister of Singapore Lee Hsien Loong and Australian Prime Minister Anthony Albanese meet at Parliament House in Canberra on Oct. 18.
International relations

In skeptical Australia, Singapore PM says China 'good' for CPTPP

Lee and Albanese seal green deal to seize opportunities in clean energy

18 October 2022
As the race for talent heats up around the world, some experts argue the Albanese government will struggle to attract immigrants back to a country dubbed "Fortress Australia" throughout the pandemic for its hardline response to prevent the virus from hitting its shores.
Asia Insight

'Fortress Australia' seeks to become immigration nation again

COVID-induced labor shortages push Albanese to raise cap on migrants

18 October 2022
This will mark the third bilateral meeting between Australian Prime Minister Anthony Albanese, left, and Japanese Prime Minister Fumio Kishida.
International relations

Japan and Australia eye new security declaration in Perth summit

China and energy cooperation in focus this week at third meeting in five months

18 October 2022
Australia had 69 major coal projects in the pipeline in 2021, according to the federal Department of Industry, Science and Resources. Around 60% of these were greenfield developments.
Commodities

Price rally spurs Australian coal expansion, risks climate goals

Some miners have been using windfall to pay down debt, draw up growth plans

14 October 2022
A still from "Bali 2002," a four-part miniseries released on the Australian streaming service Stan to mark the 20th anniversary of the bombings. (Credit: Tony Mott)
Life

Australian miniseries revisits 2002 Bali bombings

Critics say production does not do full justice to tragic event

12 October 2022
Founded in Melbourne in 2015, Airwallex offers a fintech platform to help businesses manage international payments. (Source images from Airwallex Facebook)
DealStreetAsia

Australian Fintech Airwallex raises another $100m

Cross-border payments company has valuation of $5.5bn

12 October 2022
Australia's Minister for Trade and Tourism Don Farrell speaks during an interview in Tokyo on Oct.10. He said Canberra is open to dialogue with Beijing. (Photo by Tomoyoshi Oshikiri)
Interview

Australia sees 'no prospect' of China being accepted into CPTPP

Trade Minister Don Farrell 'open to dialogue and engagement' with Beijing

11 October 2022
India's External Affairs Minister S. Jaishankar speaks to reporters in Australia after a meeting at Parliament House in Canberra on Oct. 10.
International relations

India defends reliance on Russian arms on Australia visit

Jaishankar says West neglected New Delhi for decades but Quad is 'strong'

10 October 2022
The Ichthys offshore development is among the four Australian LNG projects Tokyo Gas plans to divest. (Photo courtesy of Inpex)
Business deals

Tokyo Gas to sell stakes in 4 Australian LNG projects to U.S. fund

Proceeds to be redirected to renewable energy and hydrogen production

7 October 2022
Red-hot steel plates pass through a press at a Tata Steel plant. The company and its rivals face soaring production costs. 
Interview

India's Tata Steel taps Australia, North America for coal

CEO says company needs to replace Russian cargoes after halting purchases

7 October 2022
Solomon Islands Prime Minister Manasseh Sogavare, left, and Australian counterpart Anthony Albanese meet in Canberra on Oct. 6. (AAP)
Indo-Pacific

Solomon Islands, Australia reaffirm security and development ties

Sogavare, Albanese build relationship as China woos Solomons with economic aid

7 October 2022
Australia's picturesque Tiwi Islands lie 80 kilometers north of the city of Darwin.
Energy

Tiny islands drive big challenge to mammoth Australia gas project

Energy major Santos wants to ship LNG to Japan, South Korea but locals resist

5 October 2022
Rio Tinto CEO Jakob Stausholm told Nikkei Asia that his company is "cautiously optimistic" about demand for its output. (Source photos by Rio Tinto and Keiichiro Sato)
Materials

Rio Tinto CEO counts on China stimulus for demand recovery

Resource giant shrugs off 'greenflation' concerns

5 October 2022
A competition for the best of the best workers is heating up across Asia, as governments and companies seek the talent they need to accelerate growth in the wake of COVID-19.
Asia Insight

From Singapore to Thailand, Asia dangles visas to lure high-fliers

New programs kick off as companies struggle to find skilled workers

4 October 2022
Shinzo Abe, left, talks with John Howard during the APEC leaders summit in Sydney in September 2007: Abe brought warmth and personal commitment to the bilateral ties between Australia and Japan.
Opinion

Shinzo Abe's legacy lives on with the Quad

Former Japanese prime minister was driving force for free and open Indo-Pacific

2 October 2022