Bloomberg Sydneysiders are cashing out of their million-dollar homes in favour of cheaper houses in the tropical north, says Macquarie Bank Ltd. The emerging exodus is part of Australia’s latest wave of interstate migration to Queensland, where house prices are half Sydney’s and job creation is on the rise. When similar factors were at play in the mid-1980s and mid-2000s, ...

Bloomberg Chocolate lovers in Asia are taking a big bite out of the global cocoa glut. From India to China, where demand is growing faster than in major markets like Europe or the US, consumers are eating more chocolate. At the same time, big growers in West Africa are harvesting smaller crops. Top processors Cargill Inc. and Barry Callebaut AG ...

Bloomberg Pay for Japanese workers showed the strongest gains this year in August, according to data from the labour ministry. It’s welcome news for economic policy makers in Tokyo who are struggling to spur sustained inflation in the world’s third-largest economy. Monthly cash earnings increased 0.9 percent from a year earlier, the largest amount in more than a year, and ...