Sydney / AFP With Chinese buyers eyeing farm land in Australia and New Zealand, authorities are coming under growing pressure to balance the need for foreign investment against accusations of “selling out”. Currently up for sale is the S. Kidman and Co. Limited cattle empire — a vast Outback estate which covers 1.3 percent of Australia’s land mass and has ...

Beijing / Bloomberg China’s judicial authorities vowed to do more to combat financial crimes in the coming year, as the economy slows and leaders remain concerned that financial risks might lead to higher unemployment and social unrest. Chief prosecutor Cao Jianming said in his annual report to the country’s top legislature on Sunday that his department would prioritize investigations into ...

Manila / DPA Tourist arrivals reached 542,258 in January, an increase of 13.17 per cent compared to the same month last year, the Department of Tourism (DOT) said. The figure is considered a ‘historical first’ as international visitors breached the 500,000 mark. “At the rate that the industry is growing, tourism has proven that it is an important pillar in ...