Top business news

Greek debt forgiveness nets 147m euros
A debt forgiveness scheme in Greece has so far netted the cash-strapped government more than 147 million euros.
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China's richest woman was factory worker
A former factory worker who now supplies Apple and Samsung among others with touchscreen glass is China's richest woman, worth more than $US8bn.
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Takeda offers $US2.2 bn for US claims
Japan's Takeda Pharmaceutical has offered $US2.2 billion to settle US claims linked to its diabetes drug Actos.
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Beijing welcomes Taipei's AIIB application
Chinese state media says Taiwan will be welcome to participate in the proposed Asian Infrastructure Bank (AIIB).
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Indonesian inflation picks up in March
Inflation rose in Indonesia in March, to 6.38 per cent, on increases in the price of fuel and rice.
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Rio getting driverless trucks rolling
Mining giant Rio Tinto is just starting its automation of trains and trucks in the Pilbara, as it continues to boost iron ore production.
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Ship builder Austal cuts 300 jobs in WA
Ship builder Austal is cutting 300 jobs at its Henderson operations south of Perth as it completes contracts for customs and the Oman Navy.
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Aust bonds weaken after strong data
The Australian bond market is weaker after the batch of strong housing data eased expectations of an April RBA interest rate cut.
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Malaysia launches GST despite protests
Malaysia hopes its newly-implemented six per cent GST will help it addess a widening deficit problem.
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NSW and Vic economies lead the nation
National Australia Bank says the NSW and Victorian economies outperformed in 2014, due to booming housing markets.
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