Peter Cai

Telstra looks to TrueLocal to revitalise Sensis

Telstra logo.

Peter Cai Telstra attempts to lift its directories arm through the acquisition of online directory TrueLocal.

ANZ finally joins China's pay system

Philip Chronican

Peter Cai ANZ has signed up with China UnionPay, one of the world's largest payments system operators.

ANZ to tap into China with UnionPay deal

ANZ

Peter Cai ANZ has signed a tentative agreement with China UnionPay, one of the world’s largest payments system operators, allowing its customers to tap into Unionpay’s extensive network in the Asia Pacific...

China loosens purse strings for overseas investing

yuan

Peter Cai Beijing has quietly established a new state-backed wealth fund out of its $US3.2 trillion foreign reserves to help Chinese companies invest overseas, a move that is likely to see billions of dollars...

Watchdog dishes double denial for Telstra

telstra

Peter Cai Telstra has been dealt a double-blow as the competition watchdog raised concerns about its acquisition of Adam Internet and opposed its sale of Trading Post to a competitor.

Foreign investing runs to $170b

Foreign investment runs to $170b.

Peter Cai Canberra approved more than $170 billion of foreign investment in Australia in 2011-12.

World Bank expects Asia-Pacific growth

Chinese factory

Peter Cai The World Bank forecasts the Asia-Pacific region will grow at 7.9 per cent next year.

Telcos revolt over mobile spectrum price

Communications minister Stephen Conroy.

Peter Cai and Lucy Battersby Australia's biggest telecom carriers threaten to boycott the government's spectrum auction.

Treasury chief bullish on China

Peter Cai Treasury chief Martin Parkinson is still bullish on the economic growth prospect of China, saying China is on track to overtake the US as world’s largest economy by the end of this decade.

Telstra in the big league with its $100m NRL deal

storm

Peter Cai and Lucy Battersby Deal signals Telstra's strategy of expanding media assets as it loses its old copper network.

Silcar to shed 160 workers at BlueScope plant

Peter Cai Construction company Silcar, which has won a significant slice of the NBN building contract, is set to lay-off 160 employees January next year.

China to push iron ore projects

Sino Iron project

Peter Cai and Peter Ker Chinese leaders have signalled they will continue to support investment in iron ore in WA.

NBN contractor to lay off 160 workers

Labor's National Broadband Network may shape up to be a financial disaster.

Peter Cai Construction company Silcar, which has won a significant slice of the NBN building contract, is set to lay-off 160 employees January next year.

China still committed to WA's iron ore

iron ore

Peter Cai and Peter Ker Chinese leaders have signalled they will continue to support investments into Western Australian iron ore, despite the recent slump in demand for the bulk commodity.

Google bets on emerging markets - but what about China?

Peter Cai The technology giant has excluded China and Russia from its definition of emerging markets as it heralds the new age of “the next billion”.

Asian expats bypassing Australia

expats

Peter Cai The persistently high dollar is being blamed as the main culprit behind Australia failing to attract Asian expatriates.

A Chinese rival opens

China Construction Bank opens a Melbourne branch.

Peter Cai China Construction Bank opens a branch in Melbourne, following the footsteps of its big bank rivals.

Chinese bank opens Melbourne branch

Peter Cai The world’s second largest bank, China Construction Bank, has opened a branch in Collins Street in Melbourne’s CBD, signalling increased Chinese interest in Australia.

News chief slams media regulations

Kim Williams

Peter Cai News Ltd chief Kim Williams has criticised the proposed tougher media regulations in advance of their release in a few weeks, saying the industry does not need further regulation when it is under so...

Bill shock on mobile phones after greater usage of data

smart phone

Peter Cai Nearly half of mobile users pay 40 per cent more than their advertised monthly contracts.