Greens stimulus funding plan to create 2-000 Qld jobs
Greens Leader Bob Brown says up to 2-000 jobs could be created in Queensland from funding the party negotiated in the latest Commonwealth economic stimulus package. ...
Sat 21st February 2009 - 11:44pm
Satyam shares gain on approval of stake sale
MUMBAI AFP - Shares of fraud-hit IT outsourcing giant Satyam Computer Services surged on Friday- a day after it won permission to sell a controlling stake to a strategic investor. ...
Sat 21st February 2009 - 07:52pm
Qld Govt squandered river of gold- Springborg
The Queensland Opposition has again accused the Government of reckless spending and irresponsible borrowing after the states credit rating was downgraded. ...
Sat 21st February 2009 - 05:16pm
Qld Govt sqaundered river of gold- Springborg
The Queensland Opposition has again accused the Government of reckless spending and irresponsible borrowing after the states credit rating was downgraded. ...
Sat 21st February 2009 - 04:53pm
China still sure of US bonds- Clinton
US Secretary of State Hillary Clinton says China is still confident in US Treasury bonds. ...
Sat 21st February 2009 - 04:51pm
Alleged fraudster's Antigua bank shut
Authorities have seized the Bank of Antigua as sweeping fraud allegations piled up against Texas financier and cricket impresario Allen Stanford. ...
Sat 21st February 2009 - 01:55pm
Reopened McArthur River Mine sparks calls for tougher laws
The Northern Territory Environment Centre says it is disappointed by the Federal Governments approval of the McArthur River zinc mine expansion- but not surprised. ...
Sat 21st February 2009 - 01:17pm
Obama panel eyes auto sector reform
A task force charged with overseeing reform of the troubled US auto sector could press for a swift and extensive overhaul of the industry- the White House says. ...
Sat 21st February 2009 - 12:26pm
Japan holds quiet optimism- despite recession- Barnett
Despite the deepening recession in Japan- the leader of Australias mineral rich state of Western Australia says he detects a quiet optimism in the worlds second biggest economy. ...
Sat 21st February 2009 - 12:20pm
Bushfires spark self-extinguish cigarette fast-track
The Federal Government is moving to reduce the risk of cigarettes sparking bushfires by insisting on the introduction of self-extinguishing cigarettes. ...
Sat 21st February 2009 - 11:58am
US govt dispels nationalisation rumours
President Barack Obama's administration has moved to quash rumours that troubled US banks will be nationalised. ...
Sat 21st February 2009 - 11:35am
IRS claims Swiss bank had secret account
Swiss bank UBS AG used coded language and lied to US officials in an elaborate scheme to conceal the overseas accounts of wealthy Americans- the IRS claimed. ...
Sat 21st February 2009 - 11:34am
Perth property prices continue to fall
Property prices in Perth have fallen for the fourth consecutive quarter- for the first time in more than 15 years. ...
Sat 21st February 2009 - 11:19am
IRS claims Swiss bank had secret account
Swiss bank UBS AG used coded language and lied to US officials in an elaborate scheme to conceal the overseas accounts of wealthy Americans- the IRS claimed. ...
Sat 21st February 2009 - 10:24am
Antigua seizes Stanfords operations amid fraud allegations
MIAMI AFP - Antigua seized control Friday of the local banking operations of billionaire investor Allen Stanford- whose alleged worldwide investment scam is feared to have bilked thousands around the world of their savings- officials said. ...
Sat 21st February 2009 - 09:48am
Education Dept figures on school enrolments
The call for schools in Tasmania to close and amalgamate is gaining momentum. ...
Sat 21st February 2009 - 09:23am
US Treasury rejects rumors of bank nationalizations
WASHINGTON AFP - The US Treasury Department Friday rejected market rumors of impending nationalization of troubled banks- reiterating that its policy is aimed at preserving a private financial system. ...
Sat 21st February 2009 - 09:21am
US Treasury rejects rumors of bank nationalizations
WASHINGTON AFP - The US Treasury Department Friday rejected market rumors of impending nationalization of troubled banks- reiterating that its policy is aimed at preserving a private financial system. ...
Sat 21st February 2009 - 08:51am
Overdue Sydney rail link due to open
After more than six years and a construction phase dogged by problems and cost blowouts- the Epping to Chatswood rail link in Sydney will officially open on Monday. ...
Sat 21st February 2009 - 08:35am
Overdue Sydney rail link due to open
After more than six years and a construction phase dogged by problems and cost blowouts- the Epping to Chatswood rail link in Sydney will officially open on Monday. ...
Sat 21st February 2009 - 08:34am
Oil below falls below US $38
Oil prices fell below $US38 a barrel as tumbling stocks and weak economic data reminded investors that crude demand is likely to soften further. ...
Sat 21st February 2009 - 08:27am
General Electric shares sink to new lows
Shares in conglomerate General Electric sank as much as 10 per cent- as investors continued selling stocks amid pessimism about the global economy. ...
Sat 21st February 2009 - 08:26am
US annual inflation wiped out in January
Annual US inflation disappeared in January in the weakest reading in more than a half century- stoking debate over deflation risks in the economy. ...
Sat 21st February 2009 - 08:21am
Budget deficit lowers Qld credit rating
As Queensland heads for a budget deficit this financial year- the states credit rating has been downgraded by ratings agency Standard and Poors. ...
Sat 21st February 2009 - 08:20am
Class action suit filed against Stanford
Investors have filed suit against billionaire and cricket backer Allen Stanford- seeking damages from an alleged $US9.2 billion fraud. ...
Sat 21st February 2009 - 08:19am
Zimbabwe ditches currency for US dollars
Zimbabwe's stock exchange is ditching the country's collapsed local currency and is trading in US dollars. ...
Sat 21st February 2009 - 07:57am
Obama urges mayors to spend wisely
President Barack Obama told US big city mayors help was on the way with his huge economic stimulus plan but said the funds should be spent wisely. ...
Sat 21st February 2009 - 07:56am
Alleged fraudster Stanford found
WASHINGTON AFP - Texas financier Allen Stanford- accused of a 9. ...
Sat 21st February 2009 - 06:38am
Citigroup- BofA shares plunge on nationalization rumors
NEW YORK AFP - Citigroup and Bank of America shares plunged again Friday amid market rumors that the government will nationalize the two big banks- which already have benefited from massive federal bailouts. ...
Sat 21st February 2009 - 05:47am
Medvedev slams Russian lethargy on crisis
MOSCOW AFP - President Dmitry Medvedev scolded Russias top regional bosses Friday for moving too slowly to counter the economic crisis and warned they faced a -amp quotmoment of truth -amp quot as the credit crunch spread. ...
Sat 21st February 2009 - 05:17am
Opel needs 3bn euros in public backing- report
FRANKFURT AFP - German car maker Opel needs more than three billion euros four billion dollars in loan guarantees to weather the economic crisis- nearly double the figure previously expected- reports said Friday. ...
Sat 21st February 2009 - 05:12am
Swiss feel heat on banking secrecy
ZURICH AFP - Switzerland was feeling the heat on banking secrecy Friday after the United States stepped up its high-stakes tax probe against the biggest Swiss bank- UBS. ...
Sat 21st February 2009 - 04:41am
Saab moves to avoid bankruptcy
Swedish car maker Saab Automobile has sought legal restructuring to stave off bankruptcy after it was abandoned by its owner General Motors- Saab and GM say. ...
Sat 21st February 2009 - 02:31am
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