ACCC Delays AXA Ruling
The Australian Competition and Consumer Commission has delayed its ruling on the AMP offer for AXA Asia Pacific, effectively delaying any deal for just over three weeks.
Read MoreThe Australian Competition and Consumer Commission has delayed its ruling on the AMP offer for AXA Asia Pacific, effectively delaying any deal for just over three weeks.
Read MoreA blip, or a sign that Japan’s economic rebound from the depths of the 2009 recession, might be running short of oomph?
Read MoreAnd small iron ore hopeful, Gindalbie Metals says it has sealed a possible $US65 billion ($70.8 billion) iron ore sales contract with its Chinese joint venture partner.
Read MoreBHP Billiton and Rio Tinto, plus the likes of Fortescue and other iron ore exporters, are in for big profit gains this year.
Read MoreSo will the latest Telstra announcement make any difference?
Read MoreAs expected farm chemicals group Nufarm reported a first-half loss of $40 million, thanks to a fall in sales of its key herbicide.
Read MoreWe could be facing a series official interest rate rises over the next few months that end up being quicker than previously thought.
Read MoreInternet service provider iiNet Ltd yesterday confirmed the $40 million acquisition of Melbourne-based internet and fixed telephone company, Netscape.
Read MoreMacarthur Coal appears to have managed to avoid any damage to its coal exporting target despite a 10 day break because of cyclone damage at the Dalrymple Bay terminal in central North Queensland.
Read MoreWe didn’t get any clarification on the future of toll road operator, Transurban Group from its investor day on Friday.
Read MoreIn Australia, the focus will be on data for retail sales, building approvals and private credit as these will be the last major data releases ahead of the RBA’s next board meeting tomorrow week, after the Easter break.
Read MoreCommodities might face a difficult week if those fears on US bond yields and the economy collide.
Read MoreSo will the Dow reach the 11,000 mark this week ahead of the surprise release of the March employment and unemployment data on Good Friday, US time?
Read MoreChina has made another move to try and control property and land speculation.
Read MoreSome of the headlines suggested the Reserve Bank yesterday warned of a bubble in housing, and on first reading some of the comments in a speech by Assistant Governor, Phil Lowe its head of economics and in the first Financial Stability Report for 2010, could be taken that way.
Read MoreSolid signs of an economic rebound from across the Tasman as the NZ economy saw its best growth for two years in the December quarter of 2009.
Read MoreSteel is now the hottest part of the Chinese economy, it’s creating billions of dollars of business for Australian iron ore and coking coal exporters, generating a rising level of corporate activity, not to mention exploration.
Read MoreIt is the price we have to bear for getting through the GFC and recession unscathed.
Read MoreSo what’s going to happen to the mooted bid for Transurban, the country’s biggest tollroad operator, now that the Future Fund has walked away from any involvement?
Read MoreThe explosives, paint and chemicals supplier Orica says its March 31 interim results will be adversely impacted by the continuing cost of cleaning up at its highly polluted site at Botany in Sydney.
Read MoreJapan’s export growth jumped 45.3% in February from the same month in 2009, driven by surging demand from Asia and China, with help from growing demand from elsewhere.
Read MoreAustralia has another huge LNG contract, in fact the biggest yet.
Read MoreSkilled Group yesterday revealed a series of high level changes involving two senior executives and a new director.
Read MoreNo wonder demand for iron ore is rising rapidly, and prices even faster.
Read MoreAgainst the background of strong demand for iron ore, especially from China and other big Asian buyers, senior BHP Billiton and Rio Tinto executives were sounding very bullish at a big iron and steel conference in Perth yesterday.
Read MoreQueensland coal producer New Hope Corporation has reported a 15.8% fall in interim net earnings before one off items after lower prices and a stronger Australian dollar bit into export returns.
Read MoreThe Kerry Stokes-controlled Iron Ore Holdings has further boosted reserves at its key Pilbara iron ore deposit.
Read MoreInternet provider and emerging Telco, TPG Telecom lifted interim profit by more than 400%, thanks to full benefits of the merger with SP Telecom.
Read MoreAXA Asia Pacific says talks between National Australia Bank, parent AXA SA and itself on a $13 billion takeover plan are at an advanced stage and could be wrapped up before or by next Monday.
Read MoreSigma Pharmaceuticals wants more time to sort out its 2009 financial results.
Read MoreChina won’t be pleased.
Read MoreSolomon Lew’s Premier Investments first-half net profit apparently dropped 13.7% and but the company said it remains "cautiously optimistic" about the performance of Just Group.
Read MoreAs expected, Shell and PetroChina sweetened their combined bid for Arrow Energy with a bit more cash and certainty for the international assets to be valued, and the Australian company said yes.
Read MoreGlobal share markets eased Friday after a run of six to eight days of rises as the US dollar firmed off the back of increased worries about Greece.
Read MoreGreece is going to dominate world markets this week, making for some nervy trading on sharemarkets and in currencies and commodities.
Read MoreThe euro’s weakness saw the US dollar rise on Friday and last week, knocking oil prices lower and weakening other commodities.
Read MoreWe should know today or tomorrow if Shell and PetroChina have come up with a share price for their takeover bid that Arrow Energy will recommend to shareholders.
Read MoreThe dopey US Congressmen and business exerting pressure on the Obama Administration to DO ‘something’ about China’s refusal to allow the Yang to float, haven’t done their homework.
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