The Australian Stock Exchange

Crown Staff Charged In China Gambling Crackdown

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Up to 18 staff from Australian billionaire James Packer’s Crown Resorts have been charged with promoting gambling in China, eight months after being detained, the company said Tuesday. The marketing employees were seized in raids across China in October, including an executive in charge of luring rich Chinese to Australia, as Beijing cracks down on … Read more

BHP Billiton Gains On Hedge Fund Move

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By lunchtime, the FTSE 100 was 7.67 points or 0.1% lower at 7,341.70. (Noon): BHP Billiton was the top gainer on the FTSE 100 index after one of its shareholders pressured it to adopt a restructuring plan. The mining giant’s shares rose 4.6% in Monday morning trading after hedge fund manager Elliott Advisors said it … Read more