Tags: business-economics-and-finance

Qantas to cut 1500 jobs

14:33:00, 18 July 2008, Radio Australia News

The Australian airline Qantas has announced plans to cut 1,500 jobs worldwide, as it struggles with higher oil prices.

IMF warning over inflation

11:59:17, 18 July 2008, Radio Australia News

The International Monetary Fund is warning governments around the world should focus on fighting inflation.

Taiwan removes restrictions on China investment

22:35:00, 17 July 2008, Radio Australia News

Taiwan has announced it is lifting almost all restrictions on local firms investing in China.

Australian dollar slips after reaching 25-year peak

20:43:24, 16 July 2008, Radio Australia News

The Australian dollar has slipped below 98 US cents in response to a speech by the Australian Reserve Bank governor, Glenn Stevens.

US Central Bank head warns of economic difficulties

09:03:18, 16 July 2008, Radio Australia News

The head of America's central bank is warning that the US economy is still facing difficulties.

Taiwan to raise ceiling on China-bound investment

09:03:18, 16 July 2008, Radio Australia News

Taiwan is expected to raise the ceiling on corporate investments in China to 60 per cent of an island-based company's net worth.

Tonga sells stake in Westpac Bank

22:35:18, 14 July 2008, Radio Australia News

The Tongan government has sold its 40 per cent stake in the Westpac Bank of Tonga.

Bangladesh airline suspends services

02:18:19, 14 July 2008, Radio Australia News

Bangladesh's biggest private airline GMG says it's been forced to suspend service on four of its six international routes due to the soaring cost of fuel.

East Timor petroleum fund under review.

22:07:56, 11 July 2008, Radio Australia News

East Timor's finance minister, Emilia Pires, has ordered a review of the management of the country's petroleum fund which provides most of the nation's income.

Chinese Olympic banknotes missing Mao image

22:08:47, 7 July 2008, Radio Australia News

For the first time in almost ten years, China is issuing new banknotes without the image of Chairman Mao.

East Timor opposition demands review of rice import contract

21:05:39, 7 July 2008, Radio Australia News

East Timor's Oppositiion Fretilin Party has called on the Prime Minister Xanana Gusmao to explain why a lucrative contract has gone to a member of his party the C-N-R-T.

Economic emergency in Marshall Islands

17:16:36, 4 July 2008, Radio Australia News

The Marshall Islands government has declared a state of economic emergency.

Historic Chinese flight heads to Taiwan

13:37:33, 4 July 2008, Radio Australia News

The first direct flight between Taiwan and mainland China since 1949 has landed.

Stronger-than-expected household spending in Australia

22:34:09, 2 July 2008, Radio Australia News

There is new evidence that Australian consumers are remaining resilient in the face of higher interest rates and food prices.

IMF warns fuel, oil prices leading to 'tipping point'

14:41:58, 2 July 2008, Radio Australia News

The International Monetary Fund is warning that some countries are at what it calls 'a tipping point' because of rocketing oil and food prices.

Iraq opens oil fields to foreign bids

17:39:13, 1 July 2008, Radio Australia News

Iraq's government has opened six major oil fields to bids from foreign companies, including BHP Billiton.

Mobile phone provider expands through Vanuatu

16:38:16, 26 June 2008, Radio Australia News

Mobile phone company Digicel says it has already achieved 85 per cent coverage across Vanuatu.

Australian mining company to sue PNG government

02:49:57, 26 June 2008, Radio Australia News

A Perth-based mining company is preparing to sue the Australian and Papua New Guinea governments for loss of potential earnings from a proposed copper deposit near the Kokoda Track.

Australia remains in wealthy top 10

22:18:58, 25 June 2008, Radio Australia News

Australia remains in the top 10 on a global ranking of wealthy people.

Australia's truckers seek protection from rising fuel costs

22:18:57, 25 June 2008, Radio Australia News

Truck drivers are calling on the Australian government to intervene to give them more protection from the rising cost of fuel.

Court appearance for failed Australian stockbroker

20:24:10, 25 June 2008, Radio Australia News

Lawyers for collapsed Australian stockbroker, Opes Prime, have appeared in court, to defend a $A100 million ($US95 million) class action by investors.

ASIC calls for extra care from corporate Australia

20:35:30, 24 June 2008, Radio Australia News

Australia's corporate regulator has warned that the global credit crisis will require companies to take extra care during the looming profit reporting season.

No immediate boost to Saudi oil production

14:42:53, 23 June 2008, Radio Australia News

Saudi Arabia says there's enough crude oil to last for many decades to come, but there'll be no immediate boost to oil production.

Japan to ratify ASEAN free trade deal

22:08:52, 20 June 2008, Radio Australia News

Japan's free trade agreement with the Association of Southeast Asian Nations was assured of ratification on Friday by the country's divided parliament.

China share prices up

22:08:51, 20 June 2008, Radio Australia News

Share prices in China have risen strongly after Thursday's sharp increase in fuel prices.