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The China Aviation Oil (Singapore) Corporation, the jet fuel supplier that collapsed last year after losing $550 million trading oil-related derivatives, filed an affidavit opposing a motion by a creditor […]

Saying it needed to head off inflation as the economy continued to gallop ahead, New Zealand's central bank raised its key interest rate for the first time in four months, […]

BHP Billiton, the world's biggest mining company, offered 9.2 billion Australian dollars ($7.3 billion) in cash yesterday for a fellow Australian mining company WMC Resources -- topping a hostile bid […]

Thailand's economic growth rate slowed to 5.1 percent in the fourth quarter from 6.1 percent in the previous three-month period, according to government data, as drought, outbreaks of bird flu […]

The mining company BHP Billiton said its net profit more than doubled in the six-month period that ended Dec. 31 as record production contributed to a 42 percent increase in […]

In his first state visit to this workaday financial capital, President Susilo Bambang Yudhoyono of Indonesia gave business leaders and investors on Wednesday a glimpse of the kind of cleaner, […]

The Aus-tralian mining company WMC Resources advised shareholders to reject an improved takeover bid of 8.4 billion Australian dollars ($6.5 billion) by Xstrata, a Swiss mining company. Xstrata, which began […]

Xstrata, a mining company based in Switzerland, raised its hostile takeover bid for the Australian mining company WMC Resources by more than 13 percent, to 8.4 billion Australian dollars ($6.5 […]

The world's largest mining company, BHP Billiton, said it produced record amounts of iron ore and coal for steel making in the last three months of 2004 as global demand […]

Hit hard by last month's tsunami, Indonesia could get some welcome breathing space from a decision by the Paris Club of wealthy creditor nations to permit it and other affected […]

Petty Officer First Class Michael Ausley is a seasoned helicopter crewman, with service in Somalia and the Persian Gulf war. But even that experience did little to prepare him for […]

Andrew Forrest was born and reared in the Pilbara, a rusty, dry corner of Western Australia that produces almost 17 percent of the world's iron ore exports. So it makes […]

Bodies still lay strewn among the debris in this provincial capital on Wednesday, telltales of the havoc wrought by the earthquake and tsunami that struck on Sunday and of the […]

Mulyana, a 24-year-old housewife, had just sat down to a wedding party on Sunday morning when the tsunami struck. She ran and held on to a coconut tree. But the […]

It has been a long time since Japan has experienced shortages of any kind. So it came as something of a surprise last month when Nissan Motor was forced to […]

The state premier of Western Australia, Geoff Gallop, left, urged the Australian treasurer, Peter Costello, to block a proposed takeover of a local mining company, WMC Resources, saying it was […]

Jia Changbin, the president of China Aviation Oil Holding, issued a statement to fellow shareholders of China Aviation Oil Singapore, apologizing for the $550 million in derivatives-trading losses that broke […]

Japanese steel makers have agreed to more than double the price they pay the Australian miner BHP Billiton for the coal used to fire their furnaces. Nippon Steel, Japan's biggest […]

To ensure that jet fuel continues to flow to China even as China Aviation Oil (Singapore) devises a plan to avoid bankruptcy, the company's new trading unit has issued a […]

Singapore's High Court gave China Aviation Oil (Singapore) another six weeks to come up with a plan to settle its debts. The company applied for protection from creditors last month […]

The Australian mining company WMC Resources said that it would offer shareholders as much as 1 billion Australian dollars ($754 million) in cash payments and share buybacks as it tried […]

Police arrested the chief executive of China Aviation Oil Singapore yesterday morning as he returned to Singapore from China to face questions and a lawsuit related to his company's $550 […]

Thailand's eco-nomic growth rate slowed to 6 percent in the third quarter compared with the period a year ago, according to data released by the country's National Economic and Social […]

The food and liquor wholesaler Metcash Trading bid 846 million Australian dollars ($653 million) to take over a larger rival, Foodland Associated, suggesting further consolidation of Australia's food and liquor […]

Deutsche Bank, which bought and immediately sold a block of shares in a financially troubled Chinese-government-controlled company in Singapore in October, said Sunday that it had been assured of the […]

It was already too late when Chen Jiulin and other executives of China Aviation Oil of Singapore sent word on Sunday, Oct. 10, to their parent company in Beijing that […]

The securities exchange of Singapore has asked the China Aviation Oil (Singapore) Corporation's suspended chief executive, Chen Jiulin, left, to return to Singapore from China to assist in the investigation […]

The disclosure this week that a Singapore-listed company controlled by a Chinese state-owned enterprise lost $550 million in derivatives transactions in the last five weeks has touched off an international […]

Australia's economy expanded 0.3 percent in the third quarter, its slowest rate of growth since 2000, according to the Australian Bureau of Statistics. While domestic consumer demand remained robust, global […]

Telstra, Australia's dominant telecommunications provider, announced yesterday that its chief executive, Zygmunt E. Switkowski, would step down in July -- two years ahead of schedule -- as the government prepares […]

Amid heated global demand for metals, investors are so sure the Australian mining company WMC Resources will become the prize in a global bidding war that they have pushed its […]

The Swiss mining company Xstrata began a hostile $5.8 billion bid for the Australian mining company WMC Resources yesterday, in what analysts said could turn into an international bidding war […]

Unemployment in the booming economies of Australia and New Zealand is at record lows, according to official statistics from the two countries. The Australian Bureau of Statistics said Australia's jobless […]

Chamikorn Buranananda has a vision of a Thailand where everyone, rich or poor, city dweller or rice farmer, is in debt -- be it for a car loan, mortgage, a […]

Once a standout as Australia's largest and most influential lender, the National Australia Bank reported earnings yesterday that made it a disappointing exception in an industry thriving amid the country's […]

Malaysia's industrial production grew 9.8 percent in September from the month a year earlier, the slowest monthly expansion in a year, according to preliminary data released by the country's Department […]

Exports from the Philippines rose 8.4 percent in September, compared with the month a year ago, to a record $3.6 billion, according to official statistics. But the pace of growth […]

Australia's trade deficit widened in September to 2.11 billion Australian dollars ($1.57 billion) as a 5 percent rise in imports outpaced a 4 percent increase in exports. Rising prices for […]

Singapore Airlines said its net profit in the three months that ended Sept. 30 rose 17 percent, to 356.9 million Singapore dollars ($215 million), as higher demand for its business- […]

The retailing company Woolworths raised its bid for the Australian Leisure and Hospitality Group, a pub and liquor store operator, to 1.33 billion Australian dollars ($993 million), topping the latest […]

The retailer Coles Myer raised its bid for the pub and liquor store operator Australian Leisure and Hospitality Group, topping an offer made Monday by a rival bidder, Woolworths. Coles […]

Thailand's central bank, the Bank of Thailand, raised its benchmark interest rate to 1.75 percent from 1.5 percent in an effort to offset the inflationary effects of higher oil prices. […]

Australian regulators intervened in the fight for control of the pub operator Australian Leisure and Hospitality Group, thwarting an attempt by the No. 2 retailer, Woolworths, to trump its larger […]

Consumer confidence in Thailand, eroded by high oil prices, fell in September for a ninth straight month, according to a survey. The University of the Thai Chamber of Commerce said […]

Thai Oil, Thailand's largest oil refiner, raised about $790 million selling a 45 percent stake to the public this week, in the country's largest initial public offering. Both foreign and […]

Australia's largest retailer, Coles Myer, waded into a takeover battle for the pub operator Australian Leisure and Hospitality Group yesterday, offering 1.18 billion Australian dollars ($856 million) in a bid […]

Creditors of Thai-land's biggest corporate debtor, Thai Petrochemical Industry, approved a plan aimed at restructuring the company's $2.95 billion in debts and finding a related company to buy a stake. […]

Singapore's economy slowed unexpectedly in the third quarter, according to preliminary government estimates, as it eased out of a yearlong sprint of recovery from last year's deadly outbreak of severe […]

An initial public offering of 60 million shares of Thai Oil, the largest oil refiner in Thailand, sold out to individual investors in four hours, the underwriters said. Orders for […]

Exxon Mobil has moved closer to building a long-delayed $3.5 billion pipeline to pump natural gas from Papua New Guinea to Australia's eastern seaboard. After Queensland Alumin and CS Energy […]