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BUSINESS AND FINANCE NEWS IS POWERED BY THE AUSTRALIAN |


Greek woes push Aussie dollar higher

Sun, 14 Mar 2010 00:14:04 GMT

THE fallout from Greece's debt woes have helped propel the dollar to a 13-year high against the euro, experts say.

Air strike throws travel into disarray

Sat, 13 Mar 2010 00:18:51 GMT

THE travel plans of half a million British Airways passengers including many Australian have been thrown into disarray because of a cabin crew strike.

U.S. dollar falls on monetary policy

Fri, 12 Mar 2010 23:41:13 GMT

The U.S. dollar fell overnight, touching a one-month low against the euro, on concerns that U.S. monetary policy may stay loose for a while.

Crude futures drop

Fri, 12 Mar 2010 23:35:04 GMT

CRUDE futures dropped overnight in the U.S. as conflicting signals about the economic recovery undermined the oil market's latest try for a new 2010 high.

Gold price falls despite weaker US dollar

Fri, 12 Mar 2010 23:10:15 GMT

GOLD futures fell overnight in the U.S. despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal.

Momentum drops on Wall Street

Fri, 12 Mar 2010 22:58:44 GMT

THE recent momentum in financial stocks ebbed, leaving the market in a narrow range as investors digested mixed readings of consumer spending and sentiment.

A curious call with hands-on Twiggy

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS are nervous about the Fortescue chief's approach.

Mitre 10 welcomes Metcash

Fri, 12 Mar 2010 13:00:00 GMT

MITRE 10 shareholders have voted overwhelmingly in favour of a majority buy-in from grocery wholesaler Metcash.

Bourse closes in cautious mood

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS waited for a market rollover that didn't happen.

Coal giants eye QR bids

Fri, 12 Mar 2010 13:00:00 GMT

QUEENSLAND'S wish for a clean deal at the best price may be realised.


Air strike throws travel into disarray

Sat, 13 Mar 2010 00:18:51 GMT

THE travel plans of half a million British Airways passengers including many Australian have been thrown into disarray because of a cabin crew strike.

U.S. dollar falls on monetary policy

Fri, 12 Mar 2010 23:41:13 GMT

The U.S. dollar fell overnight, touching a one-month low against the euro, on concerns that U.S. monetary policy may stay loose for a while.

Crude futures drop

Fri, 12 Mar 2010 23:35:04 GMT

CRUDE futures dropped overnight in the U.S. as conflicting signals about the economic recovery undermined the oil market's latest try for a new 2010 high.

Gold price falls despite weaker US dollar

Fri, 12 Mar 2010 23:10:15 GMT

GOLD futures fell overnight in the U.S. despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal.

Momentum drops on Wall Street

Fri, 12 Mar 2010 22:58:44 GMT

THE recent momentum in financial stocks ebbed, leaving the market in a narrow range as investors digested mixed readings of consumer spending and sentiment.

A curious call with hands-on Twiggy

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS are nervous about the Fortescue chief's approach.

Bourse closes in cautious mood

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS waited for a market rollover that didn't happen.

UAE shrugs off Dubai debt trouble

Fri, 12 Mar 2010 13:00:00 GMT

A RISE in the oil price has renewed hopes of a sustained recovery of the Gulf economy.

Storm claims hit IAG earnings

Fri, 12 Mar 2010 13:00:00 GMT

ANALYSTS say this will not affect the overall prospects of the company.

Mitre 10 welcomes Metcash

Fri, 12 Mar 2010 13:00:00 GMT

MITRE 10 shareholders have voted overwhelmingly in favour of a majority buy-in from grocery wholesaler Metcash.


U.S. dollar falls on monetary policy

Fri, 12 Mar 2010 23:41:13 GMT

The U.S. dollar fell overnight, touching a one-month low against the euro, on concerns that U.S. monetary policy may stay loose for a while.

Crude futures drop

Fri, 12 Mar 2010 23:35:04 GMT

CRUDE futures dropped overnight in the U.S. as conflicting signals about the economic recovery undermined the oil market's latest try for a new 2010 high.

Gold price falls despite weaker US dollar

Fri, 12 Mar 2010 23:10:15 GMT

GOLD futures fell overnight in the U.S. despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal.

Momentum drops on Wall Street

Fri, 12 Mar 2010 22:58:44 GMT

THE recent momentum in financial stocks ebbed, leaving the market in a narrow range as investors digested mixed readings of consumer spending and sentiment.

Bourse closes in cautious mood

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS waited for a market rollover that didn't happen.

Dot-gone, but far from forgotten

Fri, 12 Mar 2010 13:00:00 GMT

10 years on, former Davnet chief Stephen Moignard reflects on boom times, and a bust.

UAE shrugs off Dubai debt trouble

Fri, 12 Mar 2010 13:00:00 GMT

A RISE in the oil price has renewed hopes of a sustained recovery of the Gulf economy.

Dollar edges higher in Asia trade

Fri, 12 Mar 2010 06:31:04 GMT

THE Australian dollar inched up to US 91.62c in Asia trade today, ending a strong week that saw support from the February jobs report.

Stocks close higher ahead of US data

Fri, 12 Mar 2010 05:48:28 GMT

THE Australian sharemarket closed slightly higher in a broad-based pick-up today, as investors awaited key economic data in the US.

Japan PM wants firm steps to lower yen

Fri, 12 Mar 2010 03:18:27 GMT

THE Japanese Prime Minister made a rare call today for “firm steps”  and joint world action to lower the strong yen.


Crude futures drop

Fri, 12 Mar 2010 23:35:04 GMT

CRUDE futures dropped overnight in the U.S. as conflicting signals about the economic recovery undermined the oil market's latest try for a new 2010 high.

Gold price falls despite weaker US dollar

Fri, 12 Mar 2010 23:10:15 GMT

GOLD futures fell overnight in the U.S. despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal.

A curious call with hands-on Twiggy

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS are nervous about the Fortescue chief's approach.

Coal giants eye QR bids

Fri, 12 Mar 2010 13:00:00 GMT

QUEENSLAND'S wish for a clean deal at the best price may be realised.

Battle's not over for Rinehart

Fri, 12 Mar 2010 13:00:00 GMT

A COURT has granted a $1 billion iron ore windfall to the people she most despises.

White Energy signs China deal

Fri, 12 Mar 2010 13:00:00 GMT

White Energy has expanded its "cleaner coal" technology into China, a market it hopes its US projects can export to in the future.

Coal giants eye QR bids

Fri, 12 Mar 2010 13:00:00 GMT

QUEENSLAND'S wish for a clean deal at the best price may be realised.

Eurofer outraged as Vale seeks 90pc

Fri, 12 Mar 2010 13:00:00 GMT

THE European steel industry has warned that an iron ore price rise of up to 90 per cent will have a "huge impact" on economic recovery.

Methane bonanza not for all

Fri, 12 Mar 2010 13:00:00 GMT

LIQUEFIED gas exports are making Queensland richer, but not without pain for landholders in the Darling Downs.

Daily index for coking coal

Fri, 12 Mar 2010 13:00:00 GMT

Platts has launched the world's first daily coking coal index as it looks to exploit a push by BHP Billiton to abandon annually set pricing.


Gold price falls despite weaker US dollar

Fri, 12 Mar 2010 23:10:15 GMT

GOLD futures fell overnight in the U.S. despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal.

Supply shortages likely

Mon, 15 Feb 2010 13:00:00 GMT

TWO years of resources growth have been lost globally because of project deferrals.

Europe worries batter resources

Fri, 05 Feb 2010 13:00:00 GMT

STOCKS and commodities were dumped yesterday on concerns that an emerging debt crisis in Europe would hamper the global economic recovery.

Macquarie still game for Sempra

Mon, 01 Feb 2010 13:00:00 GMT

MACQUARIE Group remains in the hunt for RBS Sempra, the commodities trader worth up to $4.3 billion.

Grains of hope as the world recovers

Fri, 29 Jan 2010 13:00:00 GMT

THE rising dollar has, however, limited returns to farmers.

Oil flat as stockpiles stifle demand

Thu, 28 Jan 2010 21:17:54 GMT

CRUDE futures ended flat, as weak oil demand kept bargain hunters out of a market battered by several weeks of steep declines.

Gold falls as traders buy US dollar

Thu, 28 Jan 2010 21:12:56 GMT

GOLD snapped back late in the pit session after hitting its lowest level in nearly three months as the US dollar strengthened.

Oil hits one-month low as demand wanes

Wed, 27 Jan 2010 21:11:30 GMT

CRUDE oil futures prices ended at a one-month low on fresh signs of continued weak US demand.

Gold slips as US dollar takes off

Wed, 27 Jan 2010 21:04:46 GMT

GOLD remains on the defensive in response to strength in the US dollar, although the metal trimmed its losses in after-hours trading. 

China lending fears weigh on oil

Tue, 26 Jan 2010 21:16:53 GMT

CRUDE oil fell on renewed concerns of a possible tightening in Chinese bank lending that could lead to slower demand growth.


Storm claims hit IAG earnings

Fri, 12 Mar 2010 13:00:00 GMT

ANALYSTS say this will not affect the overall prospects of the company.

Regulator delays on Axa's fate

Fri, 12 Mar 2010 13:00:00 GMT

THE ACCC has delayed its decision on separate bids for wealth management and protection firm Axa Asia Pacific Holdings.

ACCC delays ruling on $13bn AXA bids

Fri, 12 Mar 2010 03:46:36 GMT

THE ACCC has delayed its decision on separate, multi-billion dollar bids for AXA Asia Pacific, extending uncertainty over the offers.

IAG cuts forecast after storms

Fri, 12 Mar 2010 01:23:53 GMT

IAG cut its full-year earnings guidance today because of the claim costs from the recent severe storms in Victoria.

Enough evidence to sue ex-Lehman CEO

Fri, 12 Mar 2010 00:44:02 GMT

A PROBE into the collapse of Lehman Brothers has found "sufficient credible evidence" to support legal claims against the former CEO.

UBS refills Equity Capital seats

Thu, 11 Mar 2010 23:57:32 GMT

UBS has wasted little time replacing some of the big-shots from its Equity Capital Markets team who defected recently.

Westpac calls foul on net name rights

Thu, 11 Mar 2010 13:00:00 GMT

THE bank has refused to deal with the seller of the domain name.

Securitisation recovery stalls

Thu, 11 Mar 2010 13:00:00 GMT

AUSTRALIA'S securitisation market has stalled, partly because investors are wary of buying high-yield, high-risk securities.

Bank apologises for bird bungle

Wed, 10 Mar 2010 22:54:00 GMT

A US bank has apologised to a borrower after its contractor cut off her power, padlocked her house and confiscated her pet parrot.

MacBank named in Tullet bid talk

Wed, 10 Mar 2010 20:47:01 GMT

MACQUARIE has been named in bid speculation about London interdealer broker Tullet Prebon, although analysts discounted the talk.


U.S. dollar falls on monetary policy

Fri, 12 Mar 2010 23:41:13 GMT

The U.S. dollar fell overnight, touching a one-month low against the euro, on concerns that U.S. monetary policy may stay loose for a while.

Gold price falls despite weaker US dollar

Fri, 12 Mar 2010 23:10:15 GMT

GOLD futures fell overnight in the U.S. despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal.

Bourse closes in cautious mood

Fri, 12 Mar 2010 13:00:00 GMT

INVESTORS waited for a market rollover that didn't happen.

UAE shrugs off Dubai debt trouble

Fri, 12 Mar 2010 13:00:00 GMT

A RISE in the oil price has renewed hopes of a sustained recovery of the Gulf economy.

Japan PM wants firm steps to lower yen

Fri, 12 Mar 2010 03:18:27 GMT

THE Japanese Prime Minister made a rare call today for “firm steps”  and joint world action to lower the strong yen.

Wall St's S&P 500 hits 17-month high

Thu, 11 Mar 2010 21:58:40 GMT

US stocks climbed today, lifting the S&P 500 to a 17-month high as bullish comments from Citigroup's CEO lifted the financial sector.

Fed gets credit for rescue

Thu, 11 Mar 2010 21:52:09 GMT

A SURVEY of top economists has credited the Federal Reserve for kick-starting the US economy during the global financial crisis.

Weak euro still overvalued

Thu, 11 Mar 2010 21:09:36 GMT

CURRENCY strategists say the euro faces further weakness even after falling almost 10 per cent against the US dollar since November.

Gold holds key $US1100 support level

Thu, 11 Mar 2010 20:10:22 GMT

GOLD held support at $US1100 despite pressure from concerns about the risk of higher Chinese interest rates.

Corporate debt back in favour

Thu, 11 Mar 2010 04:05:39 GMT

COMPANIES are aggressively tapping debt markets again, as confidence and risk appetite return to bond investors worldwide.


Google pushes gently over China censor

Fri, 12 Mar 2010 02:42:48 GMT

GOOGLE may soon get the nod to stop censoring in China, but it will not pull out entirely if Beijing rejected its most-desired option.

Tailored to be worn

Thu, 11 Mar 2010 22:52:21 GMT

KEY looks from the Paris shows suggest fall's fashions are going to be sporty and classic - but far from boring.

Fed gets credit for rescue

Thu, 11 Mar 2010 21:52:09 GMT

A SURVEY of top economists has credited the Federal Reserve for kick-starting the US economy during the global financial crisis.

Google China censorship talks near end

Thu, 11 Mar 2010 00:13:22 GMT

GOOGLE expects to soon conclude censorship talks in China, but it also told US Congress that 25 governments had blocked its services.

Bank apologises for bird bungle

Wed, 10 Mar 2010 22:54:00 GMT

A US bank has apologised to a borrower after its contractor cut off her power, padlocked her house and confiscated her pet parrot.

HP sues Asian manufacturers

Tue, 09 Mar 2010 03:15:16 GMT

HEWLETT-PACKARD sued several Taiwanese and Hong Kong manufacturers for allegedly infringing patents and selling stolen products.

Essar seeks $US3bn via London listing

Mon, 08 Mar 2010 23:42:20 GMT

INDIA'S Essar Group plans to raise up to $US3 billion through a London listing to fund expansion in its power and refining businesses.

How to spot a workplace thief

Mon, 08 Mar 2010 01:02:53 GMT

IF your small business can't afford external resources for spotting employee fraud, consider doing some detective work of your own.

Wall Street bounces on jobs news

Fri, 05 Mar 2010 22:00:00 GMT

SIGNS of slowing job losses in the US have sparked the best one-day gain in stocks in more than two weeks.

No bank too big to fail

Fri, 05 Mar 2010 00:39:16 GMT

THE official overseeing the US Treasury's $US700 billion financial-rescue plan has said that no US bank is considered too big to fail.

 
 

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