Bloomberg Chinese and Indian tourist arrivals in Australia jumped to a record in 2017 as growing middle-class wealth in the world’s most populous nations fuels the travel bug. Almost 1.4 million visitors from mainland China travelled to Australia in 2017, a 13 percent increase from a year earlier, according to the Australian Bureau of Statistics. Tourists from India climbed to ...

Bloomberg Australia, India, Japan and the US are discussing a joint infrastructure plan, Australian Foreign Minister Julie Bishop said, as China’s own building initiative deepens its economic clout across Asia. Senior officials from the four Group of 20 nations have discussed “a range of opportunities and challenges,” Bishop told Sky News in an interview that aired on Monday ahead of ...

Bloomberg Siemens AG will press ahead with an initial public offering of its health-care unit as CEO Joe Kaeser unloads another key business at Europe’s largest engineering company. The IPO of “a meaningful minority share” in Siemens Healthineers, as the company is known, will be completed in the first half of the year on the Frankfurt Stock Exchange, subject to ...