Economy

Guam Catholic Church enters bankruptcy amid sex abuse claims

Jan 16, 2019

Guam's Catholic Church has filed for bankruptcy, a move that will allow the archdiocese to avoid trial in dozens of child sexual abuse lawsuits and enter settlement negotiations

Police storm Papua New Guinea Parliament for APEC summit pay

Nov 20, 2018

A lawmaker says disgruntled police and prison guards have stormed Papua New Guinea's Parliament in a violent pay dispute stemming from an international summit hosted by the impoverished South Pacific nation over the weekend

Philippines' Duterte to cut short APEC trip, officials say

Nov 16, 2018

Philippine President Rodrigo Duterte will cut short his participation in the Asia Pacific Economic Cooperation forum in Papua New Guinea just days after coming under criticism for skipping some regional meetings in Singapore

Expensive APEC summit sows division in host Papua New Guinea

Nov 14, 2018

After three decades of promoting free trade as a panacea to poverty, the APEC grouping of nations that includes the U.S. and China is holding its lavish annual leaders meeting in the country that can least afford it

Former coup leaders battle for control in Fiji election

Nov 13, 2018

Two men who led different military coups in Fiji are battling for control of the island nation in a general election on Wednesday

Papua New Guinea gov't says it won't pay for 40 luxury cars

Oct 11, 2018

The Papua New Guinea government has taken delivery of 40 luxury Maserati cars to drive world leaders around during a summit next month, but has also assured the poor South Pacific island nation's taxpayers that they won't pay for the extravagance

Planned racing ad on sails of Sydney Opera House divisive

Oct 8, 2018

A plan to project a horse racing advertisement on the famed sails of the Sydney Opera House is dividing Australians

New Zealand bans most foreigners from buying homes

Aug 15, 2018

New Zealand has banned most foreigners who don't live in the country from buying homes as it tries to tackle runaway housing prices

EU foreign policy chief wants quick Australian trade deal

Aug 8, 2018

The European Union's foreign policy chief, Federica Mogherini, says she wants a free trade agreement with Australia as soon as possible as an example against protectionism.

EU says encouraging trade with Iran is crucial to nuke deal

Aug 7, 2018

The European Union says it is encouraging enterprises to increase their business with Iran because that country has been compliant with their nuclear-related commitments

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