Labor loses battle over small business definition
The Senate has made a range of changes to the Governments industrial relations laws- but has not yet reached a vote on the final bill. ...
Thu 19th March 2009 - 11:52pm
The Senate has made a range of changes to the Governments industrial relations laws- but has not yet reached a vote on the final bill. ...
Thu 19th March 2009 - 11:52pm
BAA must sell Gatwick- Stansted
LONDON AFP - The Competition Commission on Thursday ordered airports operator BAA to sell three airports including Gatwick and Stansted within the next two years. ...
Thu 19th March 2009 - 09:25pm
LONDON AFP - The Competition Commission on Thursday ordered airports operator BAA to sell three airports including Gatwick and Stansted within the next two years. ...
Thu 19th March 2009 - 09:25pm
Qld looks to get Qantas maintenance jobs
Negotiations are underway which could see hundreds of Queensland aviation industry jobs protected and more jobs created. ...
Thu 19th March 2009 - 09:15pm
Negotiations are underway which could see hundreds of Queensland aviation industry jobs protected and more jobs created. ...
Thu 19th March 2009 - 09:15pm
IR laws provoke Senate showdown
The Government is heading for its second Senate showdown in as many nights as it tries to ram its Fair Work Bill through the Upper House in the face of opposition from crossbench senators. ...
Thu 19th March 2009 - 08:10pm
The Government is heading for its second Senate showdown in as many nights as it tries to ram its Fair Work Bill through the Upper House in the face of opposition from crossbench senators. ...
Thu 19th March 2009 - 08:10pm
IR laws provoke Senate showdown
The Government is heading for its second Senate showdown in as many nights as it tries to ram its Fair Work Bill through the Upper House in the face of opposition from crossbench senators. ...
Thu 19th March 2009 - 07:58pm
The Government is heading for its second Senate showdown in as many nights as it tries to ram its Fair Work Bill through the Upper House in the face of opposition from crossbench senators. ...
Thu 19th March 2009 - 07:58pm
Manufacturing sector hunkers down in survival mode
Cutting full-time jobs is not at the forefront of all manufacturing companies survival plans- as the PM programs Michael Vincent reports. ...
Thu 19th March 2009 - 07:54pm
Cutting full-time jobs is not at the forefront of all manufacturing companies survival plans- as the PM programs Michael Vincent reports. ...
Thu 19th March 2009 - 07:54pm
Fatal WA accident- Workers walk off job
Western Australias construction union says hundreds of workers on John Holland sites around the state have walked off the job after the death of an employee in the Pilbara. ...
Thu 19th March 2009 - 07:36pm
Western Australias construction union says hundreds of workers on John Holland sites around the state have walked off the job after the death of an employee in the Pilbara. ...
Thu 19th March 2009 - 07:36pm
Mum gives birth on plane- leaves baby in bin
Police are investigating how a woman on board a flight between Samoa and New Zealand could have given birth without any of the airline crew or passengers noticing. ...
Thu 19th March 2009 - 07:33pm
Police are investigating how a woman on board a flight between Samoa and New Zealand could have given birth without any of the airline crew or passengers noticing. ...
Thu 19th March 2009 - 07:33pm
Emerging economies to lead the recovery
Emerging economies will lead the recovery in world growth and return more for investors than developed nations- a fund manager says. ...
Thu 19th March 2009 - 07:28pm
Emerging economies will lead the recovery in world growth and return more for investors than developed nations- a fund manager says. ...
Thu 19th March 2009 - 07:28pm
Fatal WA accident- Workers walk off job
Western Australias construction union says hundreds of workers on John Holland sites around the state have walked off the job after the death of an employee in the Pilbara. ...
Thu 19th March 2009 - 07:25pm
Western Australias construction union says hundreds of workers on John Holland sites around the state have walked off the job after the death of an employee in the Pilbara. ...
Thu 19th March 2009 - 07:25pm
Oil rises above $49 as Fed spurs optimism- belts dollar
PERTH- March 19 - Oil rallied above $49 a barrel on Thursday- after a surprise move by the Federal Reserve to buy government bonds on a large scale thrashed the dollar and revived hopes the battered U.S. economy could soon begin its recovery. ...
Thu 19th March 2009 - 07:22pm
PERTH- March 19 - Oil rallied above $49 a barrel on Thursday- after a surprise move by the Federal Reserve to buy government bonds on a large scale thrashed the dollar and revived hopes the battered U.S. economy could soon begin its recovery. ...
Thu 19th March 2009 - 07:22pm
Warning of SA tradies shortage
The co-ordinator of South Australian projects being submitted for the Federal Governments economic stimulus plan says there might not be enough tradespeople to finish the jobs. ...
Thu 19th March 2009 - 07:19pm
The co-ordinator of South Australian projects being submitted for the Federal Governments economic stimulus plan says there might not be enough tradespeople to finish the jobs. ...
Thu 19th March 2009 - 07:19pm
China Mobile reports 2008 net profit up 30 percent
HONG KONG AFP - China Mobile- the worlds largest mobile phone network operator- said Thursday its profits jumped by 30 percent last year- but warned Chinas telecoms market faced a tough 2009. ...
Thu 19th March 2009 - 06:52pm
HONG KONG AFP - China Mobile- the worlds largest mobile phone network operator- said Thursday its profits jumped by 30 percent last year- but warned Chinas telecoms market faced a tough 2009. ...
Thu 19th March 2009 - 06:52pm
Housing starts slump to eight-year low
Housing starts slumped to their lowest level in almost eight years in the December quarter as potential home owners were sidelined by worries about the economy. ...
Thu 19th March 2009 - 06:51pm
Housing starts slumped to their lowest level in almost eight years in the December quarter as potential home owners were sidelined by worries about the economy. ...
Thu 19th March 2009 - 06:51pm
Consumers resist credit- job loss feared
Consumers are putting off buying new cars and foreign goods- and would rather pay off credit card debt- fearing they might lose their jobs. ...
Thu 19th March 2009 - 06:42pm
Consumers are putting off buying new cars and foreign goods- and would rather pay off credit card debt- fearing they might lose their jobs. ...
Thu 19th March 2009 - 06:42pm
Emerging economies to lead the recovery
Emerging economies will lead the recovery in world growth and return more for investors than developed nations- a fund manager says. ...
Thu 19th March 2009 - 06:34pm
Emerging economies will lead the recovery in world growth and return more for investors than developed nations- a fund manager says. ...
Thu 19th March 2009 - 06:34pm
Chaney backs executive salaries changes
National Australia Bank NAB and Woodside Petroleum chairman Michael Chaney has predicted a -amp quotsea change -amp quot on the issue of executive salaries. ...
Thu 19th March 2009 - 06:29pm
National Australia Bank NAB and Woodside Petroleum chairman Michael Chaney has predicted a -amp quotsea change -amp quot on the issue of executive salaries. ...
Thu 19th March 2009 - 06:29pm
ACCC sues Telstra for blocking rivals
The competition watchdog is taking Telstra to court- accusing Australia's biggest telco of blocking rivals from accessing its crucial copper wire network. ...
Thu 19th March 2009 - 06:28pm
The competition watchdog is taking Telstra to court- accusing Australia's biggest telco of blocking rivals from accessing its crucial copper wire network. ...
Thu 19th March 2009 - 06:28pm
Japan eyes 15 bln dlr jobs plan- govt
TOKYO AFP - Japan may spend more than 15 billion dollars to protect jobs and help the unemployed amid its steepest economic downturn in decades- Labour Minister Yoichi Masuzoe said Thursday. ...
Thu 19th March 2009 - 06:11pm
TOKYO AFP - Japan may spend more than 15 billion dollars to protect jobs and help the unemployed amid its steepest economic downturn in decades- Labour Minister Yoichi Masuzoe said Thursday. ...
Thu 19th March 2009 - 06:11pm
Housing starts slump to eight-year low
Housing starts slumped to their lowest level in almost eight years in the December quarter as potential home owners were sidelined by worries about the economy. ...
Thu 19th March 2009 - 05:57pm
Housing starts slumped to their lowest level in almost eight years in the December quarter as potential home owners were sidelined by worries about the economy. ...
Thu 19th March 2009 - 05:57pm
Chaney backs executive salaries changes
National Australia Bank NAB and Woodside Petroleum chairman Michael Chaney has predicted a -amp quotsea change -amp quot on the issue of executive salaries. ...
Thu 19th March 2009 - 05:55pm
National Australia Bank NAB and Woodside Petroleum chairman Michael Chaney has predicted a -amp quotsea change -amp quot on the issue of executive salaries. ...
Thu 19th March 2009 - 05:55pm
Manufacturing sector hunkers down in survival mode
Cutting full-time jobs is not at the forefront of all manufacturing companies survival plans- as the PM programs Michael Vincent reports. ...
Thu 19th March 2009 - 05:51pm
Cutting full-time jobs is not at the forefront of all manufacturing companies survival plans- as the PM programs Michael Vincent reports. ...
Thu 19th March 2009 - 05:51pm
Australian shares end up 1 pct- risk aversion abates
MELBOURNE- March 19 - Australian shares rose 1 percent on Thursday as strong gains in banks offset a drop in telecoms firm Telstra Corp TLS to a record low on a fresh battle with the competition watchdog. ...
Thu 19th March 2009 - 05:46pm
MELBOURNE- March 19 - Australian shares rose 1 percent on Thursday as strong gains in banks offset a drop in telecoms firm Telstra Corp TLS to a record low on a fresh battle with the competition watchdog. ...
Thu 19th March 2009 - 05:46pm
Manufacturing sector hunkers down in survival mode
Cutting full-time jobs is not at the forefront of all manufacturing companies survival plans- as the PM programs Michael Vincent reports. ...
Thu 19th March 2009 - 05:46pm
Cutting full-time jobs is not at the forefront of all manufacturing companies survival plans- as the PM programs Michael Vincent reports. ...
Thu 19th March 2009 - 05:46pm
Citadel and Hegarty part ways
Junior gold company Citadel Resource Group says former Oxiana boss Owen Hegarty did not part with a golden handshake when his advisory contract was terminated. ...
Thu 19th March 2009 - 05:33pm
Junior gold company Citadel Resource Group says former Oxiana boss Owen Hegarty did not part with a golden handshake when his advisory contract was terminated. ...
Thu 19th March 2009 - 05:33pm
Local market closes up
Australian shares have been buoyed by a Wall Street rally and the US Federal Reserves aggressive move to bolster the US economy overnight. ...
Thu 19th March 2009 - 05:21pm
Australian shares have been buoyed by a Wall Street rally and the US Federal Reserves aggressive move to bolster the US economy overnight. ...
Thu 19th March 2009 - 05:21pm
Aussie clings to hefty gains bonds fly on Fed wind
SYDNEY- March 19 - The Australian dollar held onto its hefty gains on Thursday after the Federal Reserves shock move to buy longer-term government debt hurt the U.S. dollars yield allure- and boosted the appeal of -amp quotriskier -amp quot currencies. ...
Thu 19th March 2009 - 05:10pm
SYDNEY- March 19 - The Australian dollar held onto its hefty gains on Thursday after the Federal Reserves shock move to buy longer-term government debt hurt the U.S. dollars yield allure- and boosted the appeal of -amp quotriskier -amp quot currencies. ...
Thu 19th March 2009 - 05:10pm
DJs 'well-placed to ride out downturn'
David Jones is financially healthy but deteriorating retailing conditions and heavy cost cutting could make it difficult for the retailer- analysts says. ...
Thu 19th March 2009 - 04:52pm
David Jones is financially healthy but deteriorating retailing conditions and heavy cost cutting could make it difficult for the retailer- analysts says. ...
Thu 19th March 2009 - 04:52pm
I-NVESTOR Appoints Lynge Blak as Country Manager -amp Partner in China
Holte- Denmark and Shanghai- Mar 18- 2009 - ACN Newswire - I-NVESTOR- a market-leading Nordic supplier of web-based investor relations solutions- has appointed Lynge Blak- former chairman and CEO of the International Investor Relations Federation IIRF- as Country Manager for China. ...
Thu 19th March 2009 - 04:45pm
Holte- Denmark and Shanghai- Mar 18- 2009 - ACN Newswire - I-NVESTOR- a market-leading Nordic supplier of web-based investor relations solutions- has appointed Lynge Blak- former chairman and CEO of the International Investor Relations Federation IIRF- as Country Manager for China. ...
Thu 19th March 2009 - 04:45pm
New home starts slump to post-GST low
New home construction has suffered its biggest fall since the introduction of the GST. ...
Thu 19th March 2009 - 04:44pm
New home construction has suffered its biggest fall since the introduction of the GST. ...
Thu 19th March 2009 - 04:44pm
Merger creates largest cord blood bank
Australia's largest private cord blood bank has been created by the merger of cord blood banks Biocell and Cellsense. ...
Thu 19th March 2009 - 04:41pm
Australia's largest private cord blood bank has been created by the merger of cord blood banks Biocell and Cellsense. ...
Thu 19th March 2009 - 04:41pm
Oil rises above $49 as Fed spurs optimism
PERTH- March 19 - Oil rose 2 percent to above $49 a barrel on Thursday- after a surprise move by the Federal Reserve to buy government bonds on a large scale revived hopes the battered U.S. economy could soon begin its recovery. ...
Thu 19th March 2009 - 04:40pm
PERTH- March 19 - Oil rose 2 percent to above $49 a barrel on Thursday- after a surprise move by the Federal Reserve to buy government bonds on a large scale revived hopes the battered U.S. economy could soon begin its recovery. ...
Thu 19th March 2009 - 04:40pm
New car sales in six-year slump- ABS
New vehicles sales slumped to a six-year low in February- according to new data- as concerns about the economy and job security keep buyers on the sideline. ...
Thu 19th March 2009 - 04:38pm
New vehicles sales slumped to a six-year low in February- according to new data- as concerns about the economy and job security keep buyers on the sideline. ...
Thu 19th March 2009 - 04:38pm
Asian Markets Overview of March 19
Sydney- Australia- Mar 19- 2009 - ABN Newswire - Most Asian share markets soared at opening bell following the upbeat sentiment on Wall Street overnight. Japans Nikkei average and South Koreas Kospi opened higher this morning- but soon gave up their early gains. Tokyo stocks slid to below 8000 points level- as exporters were hurt by stronger yen. ...
Thu 19th March 2009 - 04:38pm
Sydney- Australia- Mar 19- 2009 - ABN Newswire - Most Asian share markets soared at opening bell following the upbeat sentiment on Wall Street overnight. Japans Nikkei average and South Koreas Kospi opened higher this morning- but soon gave up their early gains. Tokyo stocks slid to below 8000 points level- as exporters were hurt by stronger yen. ...
Thu 19th March 2009 - 04:38pm
CBA raises $865m under share purchase
Commonwealth Bank has raised $865 million from shareholders- taking to almost $3 billion the amount it has extracted from equity markets in three months. ...
Thu 19th March 2009 - 04:36pm
Commonwealth Bank has raised $865 million from shareholders- taking to almost $3 billion the amount it has extracted from equity markets in three months. ...
Thu 19th March 2009 - 04:36pm
DJs 'well-placed to ride out downturn'
David Jones is financially healthy but deteriorating retailing conditions and heavy cost cutting could make it difficult for the retailer- analysts says. ...
Thu 19th March 2009 - 04:33pm
David Jones is financially healthy but deteriorating retailing conditions and heavy cost cutting could make it difficult for the retailer- analysts says. ...
Thu 19th March 2009 - 04:33pm
Australian shares end up 1 pct- banks dominate
MELBOURNE- March 19 - Australian shares rose 1 percent as strong gains in banks offset a drop in Telstra Corp. TLS to a record low on a fresh battle with the competition watchdog. ...
Thu 19th March 2009 - 04:30pm
MELBOURNE- March 19 - Australian shares rose 1 percent as strong gains in banks offset a drop in Telstra Corp. TLS to a record low on a fresh battle with the competition watchdog. ...
Thu 19th March 2009 - 04:30pm
Rudd challenges pretender Turnbull on IR laws
Prime Minister Kevin Rudd has lashed out at Opposition Leader Malcolm Turnbulls decision to frustrate the passage of the Governments industrial relations laws- accusing him of bowing to pressures within his party. ...
Thu 19th March 2009 - 04:24pm
Prime Minister Kevin Rudd has lashed out at Opposition Leader Malcolm Turnbulls decision to frustrate the passage of the Governments industrial relations laws- accusing him of bowing to pressures within his party. ...
Thu 19th March 2009 - 04:24pm
No money for Govts infrastructure projects- Oppn
The Federal Opposition says the Governments ability to fund major infrastructure projects is in serious doubt. ...
Thu 19th March 2009 - 04:23pm
The Federal Opposition says the Governments ability to fund major infrastructure projects is in serious doubt. ...
Thu 19th March 2009 - 04:23pm
Storm subsidiary placed in liquidation
A subsidiary of failed advisory firm Storm Financial has been placed in provisional liquidation. ...
Thu 19th March 2009 - 04:21pm
A subsidiary of failed advisory firm Storm Financial has been placed in provisional liquidation. ...
Thu 19th March 2009 - 04:21pm
New car sales in six-year slump- ABS
New vehicles sales slumped to a six-year low in February- according to new data- as concerns about the economy and job security keep buyers on the sideline. ...
Thu 19th March 2009 - 04:19pm
New vehicles sales slumped to a six-year low in February- according to new data- as concerns about the economy and job security keep buyers on the sideline. ...
Thu 19th March 2009 - 04:19pm
Credit card debt 'slowing on job fears'
The Australian love affair with credit cards continues to wane- with new data showing debt is accruing on the plastic at its slowest pace since records began. ...
Thu 19th March 2009 - 04:10pm
The Australian love affair with credit cards continues to wane- with new data showing debt is accruing on the plastic at its slowest pace since records began. ...
Thu 19th March 2009 - 04:10pm
Australian shares up 0.9 pct CSL drops
MELBOURNE- March 19 - Australian shares rose 0.9 percent heading toward the close- on strong gains in the banks- which offset a drop in Telstra Corp. TLS to a record low on a fresh battle with the competition watchdog. ...
Thu 19th March 2009 - 03:55pm
MELBOURNE- March 19 - Australian shares rose 0.9 percent heading toward the close- on strong gains in the banks- which offset a drop in Telstra Corp. TLS to a record low on a fresh battle with the competition watchdog. ...
Thu 19th March 2009 - 03:55pm
Lack of cash breaks Ventracor's heart
Heart pump developer Ventracor has called in the administrators after failing to attract enough money from investors to fund its operations. ...
Thu 19th March 2009 - 03:51pm
Heart pump developer Ventracor has called in the administrators after failing to attract enough money from investors to fund its operations. ...
Thu 19th March 2009 - 03:51pm
Atlas inks iron ore offtake agreement
Junior iron ore producer Atlas Iron has signed the last of its available iron ore into a long-term offtake agreement with an unidentified Chinese steel mill. ...
Thu 19th March 2009 - 03:37pm
Junior iron ore producer Atlas Iron has signed the last of its available iron ore into a long-term offtake agreement with an unidentified Chinese steel mill. ...
Thu 19th March 2009 - 03:37pm
China- US 'key to Australian tourism'
China and the USA will play a key role in shoring up visitor numbers to Australia this year amid the global downturn- a key tourism forum has been told. ...
Thu 19th March 2009 - 03:32pm
China and the USA will play a key role in shoring up visitor numbers to Australia this year amid the global downturn- a key tourism forum has been told. ...
Thu 19th March 2009 - 03:32pm
Fed bolsters arsenal in economic battle
The Federal Reserve has boosted its arsenal against the economic crisis with a pledge to pump another $US1.15 trillion $A1.69 trillion into the economy. ...
Thu 19th March 2009 - 03:22pm
The Federal Reserve has boosted its arsenal against the economic crisis with a pledge to pump another $US1.15 trillion $A1.69 trillion into the economy. ...
Thu 19th March 2009 - 03:22pm
Competition body taking Telstra to court
The competition watchdog is taking Telstra to court- accusing Australia's biggest telecommunications provider of anti-competitive behaviour. ...
Thu 19th March 2009 - 03:16pm
The competition watchdog is taking Telstra to court- accusing Australia's biggest telecommunications provider of anti-competitive behaviour. ...
Thu 19th March 2009 - 03:16pm
Beach Petroleum Limited ASX-BPT Weekly Drilling Report Week ending 18 March 2009
Perth- Australia- Mar 19- 2009 - ABN Newswire - Beach Petroleum Limited ASX-BPTPINK-BEPTF The drilling report for the week ending 18 March- 2009 is attached. Highlights of the weeks activities include-Egypt - South East July Concession - Gulf of SuezSouth July-1 reached a total depth of 3927 metres in Rudeis- Yusr Member sandstones. ...
Thu 19th March 2009 - 02:45pm
Perth- Australia- Mar 19- 2009 - ABN Newswire - Beach Petroleum Limited ASX-BPTPINK-BEPTF The drilling report for the week ending 18 March- 2009 is attached. Highlights of the weeks activities include-Egypt - South East July Concession - Gulf of SuezSouth July-1 reached a total depth of 3927 metres in Rudeis- Yusr Member sandstones. ...
Thu 19th March 2009 - 02:45pm
Corvette Resources Ltd ASX-COV High Grade Gold Intersected at Corvette
Perth- Australia- Mar 19- 2009 - ABN Newswire - Corvette Resources Ltd ASX-COV The Company- has received the last batch of assays from the remaining 5 holes from its first phase of Reverse Circulation RC drilling programme- completed in December 2008- at the flagship Corvette Prospect within the Plumridge project area- east of Kalgoorlie. ...
Thu 19th March 2009 - 02:43pm
Perth- Australia- Mar 19- 2009 - ABN Newswire - Corvette Resources Ltd ASX-COV The Company- has received the last batch of assays from the remaining 5 holes from its first phase of Reverse Circulation RC drilling programme- completed in December 2008- at the flagship Corvette Prospect within the Plumridge project area- east of Kalgoorlie. ...
Thu 19th March 2009 - 02:43pm
Alternative energy cars to race across outback
South Australias Premier Mike Rann has used the start of the Adelaide 500 motor racing event to announce another event- promoting alternative energy vehicles. ...
Thu 19th March 2009 - 02:42pm
South Australias Premier Mike Rann has used the start of the Adelaide 500 motor racing event to announce another event- promoting alternative energy vehicles. ...
Thu 19th March 2009 - 02:42pm
Australia can weather storm- RBA
The RBA expects the local economy to remain weak in 2009- but reiterated its belief that the policymakers had the necessary tools to deal with the crisis. ...
Thu 19th March 2009 - 02:41pm
The RBA expects the local economy to remain weak in 2009- but reiterated its belief that the policymakers had the necessary tools to deal with the crisis. ...
Thu 19th March 2009 - 02:41pm
Congress aims at AIG fat cats' wallets
Fuming US lawmakers readied to hit AIG fat cats in the wallet as President Barack Obama shouldered the blame for a national furore over giant bonuses. ...
Thu 19th March 2009 - 02:25pm
Fuming US lawmakers readied to hit AIG fat cats in the wallet as President Barack Obama shouldered the blame for a national furore over giant bonuses. ...
Thu 19th March 2009 - 02:25pm
Credit- charge card transactions fall
The total value of credit and charge card transactions- including advances- fell in January- new figures show. ...
Thu 19th March 2009 - 02:21pm
The total value of credit and charge card transactions- including advances- fell in January- new figures show. ...
Thu 19th March 2009 - 02:21pm
Council boycotts Pacific Brands
The backlash against Pacific Brands has intensified- with a New South Wales local council deciding to boycott its clothing products in protest at its decision to axe jobs. ...
Thu 19th March 2009 - 02:10pm
The backlash against Pacific Brands has intensified- with a New South Wales local council deciding to boycott its clothing products in protest at its decision to axe jobs. ...
Thu 19th March 2009 - 02:10pm
Fed bolsters arsenal in economic battle
The Federal Reserve has boosted its arsenal against the economic crisis with a pledge to pump another $US1.15 trillion $A1.69 trillion into the economy. ...
Thu 19th March 2009 - 01:37pm
The Federal Reserve has boosted its arsenal against the economic crisis with a pledge to pump another $US1.15 trillion $A1.69 trillion into the economy. ...
Thu 19th March 2009 - 01:37pm
Stimulus- rate cuts underpin confidence
Business conditions have fallen to their lowest level since the recession of the early 1990s- despite business confidence stabilising. ...
Thu 19th March 2009 - 01:34pm
Business conditions have fallen to their lowest level since the recession of the early 1990s- despite business confidence stabilising. ...
Thu 19th March 2009 - 01:34pm
Australian Market Report of March 19- Exciting News Once Again
Sydney- Australia- Mar 19- 2009 - ABN Newswire - Wall Street closed higher overnight after the Federal Reserve said the US central bank will buy up to US $300 billion in longer-term Treasuries and expand its existing program to buy mortgage related securities by another US $850 billion. -amp quotInvestors are excited once again- we have not seen this kind of injection for long term- while the overall economy is still very weak. ...
Thu 19th March 2009 - 01:30pm
Sydney- Australia- Mar 19- 2009 - ABN Newswire - Wall Street closed higher overnight after the Federal Reserve said the US central bank will buy up to US $300 billion in longer-term Treasuries and expand its existing program to buy mortgage related securities by another US $850 billion. -amp quotInvestors are excited once again- we have not seen this kind of injection for long term- while the overall economy is still very weak. ...
Thu 19th March 2009 - 01:30pm
Banking stocks lead market higher
Australian shares are up more than 0.5 per cent- driven mostly by banking stocks- after Wall Streets solid gains overnight. ...
Thu 19th March 2009 - 01:29pm
Australian shares are up more than 0.5 per cent- driven mostly by banking stocks- after Wall Streets solid gains overnight. ...
Thu 19th March 2009 - 01:29pm
Aussie pares gains- bonds surge on Fed bombshell
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0115 GMTagainst previous Sydney close AUD 0.6736-38 0.6610 AUDNZDR 1.2455-69 1.2424 AUDJPYR 64.69-73 65. ...
Thu 19th March 2009 - 01:24pm
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0115 GMTagainst previous Sydney close AUD 0.6736-38 0.6610 AUDNZDR 1.2455-69 1.2424 AUDJPYR 64.69-73 65. ...
Thu 19th March 2009 - 01:24pm
New home construction- car sales figures slump
New home construction has fallen to its lowest level since June- 2001. ...
Thu 19th March 2009 - 01:19pm
New home construction has fallen to its lowest level since June- 2001. ...
Thu 19th March 2009 - 01:19pm
Starpharma Holdings Limited ASX-SPL Completes Patient Testing In Retention Of VivaGel Antiviral Activity Study
Melbourne- Australia- Mar 19- 2009 - ABN Newswire - Starpharma Holdings Limited ASX-SPLPINK-SPHRY today announced the completion of patient testing in a clinical trial of VivaGelR that explores the length of time the antiviral activity of VivaGel remains following application. ...
Thu 19th March 2009 - 01:11pm
Melbourne- Australia- Mar 19- 2009 - ABN Newswire - Starpharma Holdings Limited ASX-SPLPINK-SPHRY today announced the completion of patient testing in a clinical trial of VivaGelR that explores the length of time the antiviral activity of VivaGel remains following application. ...
Thu 19th March 2009 - 01:11pm
Australian shares pare gains- Telstra falls
WELLINGTON- March 19 - Australian shares pared gains on Thursday as Telstra Corp. TLS- the nations largest phone company- fell to a record low after the competition watchdog resolved to take legal action against the company. ...
Thu 19th March 2009 - 12:57pm
WELLINGTON- March 19 - Australian shares pared gains on Thursday as Telstra Corp. TLS- the nations largest phone company- fell to a record low after the competition watchdog resolved to take legal action against the company. ...
Thu 19th March 2009 - 12:57pm
ImpediMed Limited ASX-IPD Conclusion of Study Supports Business Model In The Use of L-Dex U400 For Treatment of Lymphoedema
Brisbane- Australia- Mar 19- 2009 - ABN Newswire - ImpediMed Limited ASX-IPD would like to bring to the attention of all shareholders the publication- -amp quotIncidence- Treatment Costs- and Complications of Lymphedema After Breast Cancer Among Women of Working Age- A 2-Year Follow-Up Study -amp quot- published on the 16th March 2009 in the online edition of the Journal of Clinical Oncology. ...
Thu 19th March 2009 - 12:51pm
Brisbane- Australia- Mar 19- 2009 - ABN Newswire - ImpediMed Limited ASX-IPD would like to bring to the attention of all shareholders the publication- -amp quotIncidence- Treatment Costs- and Complications of Lymphedema After Breast Cancer Among Women of Working Age- A 2-Year Follow-Up Study -amp quot- published on the 16th March 2009 in the online edition of the Journal of Clinical Oncology. ...
Thu 19th March 2009 - 12:51pm
ACCC taking Telstra to court
The competition watchdog is taking legal action against Telstra for alleged breaches of the trade practices act in relation to its standard access obligations. ...
Thu 19th March 2009 - 12:48pm
The competition watchdog is taking legal action against Telstra for alleged breaches of the trade practices act in relation to its standard access obligations. ...
Thu 19th March 2009 - 12:48pm
Oil rises more than 2 pct to above $49 as Fed spurs optimism
PERTH- March 19 - Oil reversed losses and rose more than 2 percent to above $49 a barrel on Thursday- after a surprise move by the Federal Reserve to buy government bonds revived hopes the battered U.S. economy could soon begin its recovery. ...
Thu 19th March 2009 - 12:45pm
PERTH- March 19 - Oil reversed losses and rose more than 2 percent to above $49 a barrel on Thursday- after a surprise move by the Federal Reserve to buy government bonds revived hopes the battered U.S. economy could soon begin its recovery. ...
Thu 19th March 2009 - 12:45pm
Local market up in early trade
Financial and resources stocks are leading the Australian share market higher- after Wall Street embraced plans by the US Federal Reserve to purchase nearly $500 million in government bonds. ...
Thu 19th March 2009 - 12:37pm
Financial and resources stocks are leading the Australian share market higher- after Wall Street embraced plans by the US Federal Reserve to purchase nearly $500 million in government bonds. ...
Thu 19th March 2009 - 12:37pm
Coal and Allied director pay boost plan angers union
The timing of a crackdown on excessive termination payouts may not auger well for mining giant Coal and Allied which is looking to increase non-executive director fees by $200-000 a year. ...
Thu 19th March 2009 - 12:22pm
The timing of a crackdown on excessive termination payouts may not auger well for mining giant Coal and Allied which is looking to increase non-executive director fees by $200-000 a year. ...
Thu 19th March 2009 - 12:22pm
Index shows manufacturing activity at recession levels
A private sector survey of industrial trends shows manufacturing activity has slumped to recessionary levels- because of weak global and domestic demand. ...
Thu 19th March 2009 - 12:17pm
A private sector survey of industrial trends shows manufacturing activity has slumped to recessionary levels- because of weak global and domestic demand. ...
Thu 19th March 2009 - 12:17pm
ACCC pursuing Telstra for alleged network regulation breaches
The competition watchdog has launched legal action against Telstra for allegedly breaching regulations related to its network. ...
Thu 19th March 2009 - 12:14pm
The competition watchdog has launched legal action against Telstra for allegedly breaching regulations related to its network. ...
Thu 19th March 2009 - 12:14pm
Credit- charge card transactions fall
The total value of credit and charge card transactions- including advances- fell in January- new figures show. ...
Thu 19th March 2009 - 11:55am
The total value of credit and charge card transactions- including advances- fell in January- new figures show. ...
Thu 19th March 2009 - 11:55am
China- India to lead way post recession
Emerging economies will lead the recovery in world growth and their markets will return more to investors than those of developed nation. ...
Thu 19th March 2009 - 11:55am
Emerging economies will lead the recovery in world growth and their markets will return more to investors than those of developed nation. ...
Thu 19th March 2009 - 11:55am
CBA raises $865m under share purchase
Commonwealth Bank of Australia Ltd CBA has raised $865 million from its investors under a share purchase plan SPP. ...
Thu 19th March 2009 - 11:48am
Commonwealth Bank of Australia Ltd CBA has raised $865 million from its investors under a share purchase plan SPP. ...
Thu 19th March 2009 - 11:48am
GrainCorp reaffirms profit guidance
Agribusiness group GrainCorp Ltd has reaffirmed its guidance for a return to profitability in fiscal 2009. ...
Thu 19th March 2009 - 11:47am
Agribusiness group GrainCorp Ltd has reaffirmed its guidance for a return to profitability in fiscal 2009. ...
Thu 19th March 2009 - 11:47am
Another fatal accident at BHP mine site
There has been another death at a BHP Billiton mine site in Western Australias Pilbara region. ...
Thu 19th March 2009 - 11:44am
There has been another death at a BHP Billiton mine site in Western Australias Pilbara region. ...
Thu 19th March 2009 - 11:44am
ACCC taking Telstra to court
The competition watchdog is taking legal action against Telstra for alleged breaches of the trade practices act in relation to its standard access obligations. ...
Thu 19th March 2009 - 11:41am
The competition watchdog is taking legal action against Telstra for alleged breaches of the trade practices act in relation to its standard access obligations. ...
Thu 19th March 2009 - 11:41am
Local market up in early trade
Financial and resources stocks are leading the Australian share market higher- after Wall Street embraced plans by the US Federal Reserve to purchase nearly $500 million in government bonds. ...
Thu 19th March 2009 - 11:39am
Financial and resources stocks are leading the Australian share market higher- after Wall Street embraced plans by the US Federal Reserve to purchase nearly $500 million in government bonds. ...
Thu 19th March 2009 - 11:39am
Australian shares rise 1 percent- banks lead
WELLINGTON- March 19 - Australian shares rose 1 percent on Thursday- with financial and resource stocks leading the gains- as a surprise move by the Federal Reserve to buy back long-dated U.S. Treasuries raised hopes of a boost to credit flows. ...
Thu 19th March 2009 - 11:35am
WELLINGTON- March 19 - Australian shares rose 1 percent on Thursday- with financial and resource stocks leading the gains- as a surprise move by the Federal Reserve to buy back long-dated U.S. Treasuries raised hopes of a boost to credit flows. ...
Thu 19th March 2009 - 11:35am
Ventracor in voluntary administration
Heart pump developer Ventracor Ltd said on Thursday it had been placed into voluntary administration. ...
Thu 19th March 2009 - 11:31am
Heart pump developer Ventracor Ltd said on Thursday it had been placed into voluntary administration. ...
Thu 19th March 2009 - 11:31am
Another fatal accident at BHP mine site
There has been another death at a BHP Billiton mine site in Western Australias Pilbara region. ...
Thu 19th March 2009 - 11:15am
There has been another death at a BHP Billiton mine site in Western Australias Pilbara region. ...
Thu 19th March 2009 - 11:15am
Local market up 1pc in early trade
Australian shares are stronger this morning- after another solid performance on Wall Street overnight. ...
Thu 19th March 2009 - 11:14am
Australian shares are stronger this morning- after another solid performance on Wall Street overnight. ...
Thu 19th March 2009 - 11:14am
Local market up 1pc in early trade
Australian shares are stronger this morning- after another solid performance on Wall Street overnight. ...
Thu 19th March 2009 - 10:48am
Australian shares are stronger this morning- after another solid performance on Wall Street overnight. ...
Thu 19th March 2009 - 10:48am
-amp 39No guarantee' an Aussie bank won't fail
The prudential regulator says Australia's financial system is strong but it can't guarantee that no local bank will fail due to the global financial crisis. ...
Thu 19th March 2009 - 10:45am
The prudential regulator says Australia's financial system is strong but it can't guarantee that no local bank will fail due to the global financial crisis. ...
Thu 19th March 2009 - 10:45am
Local market up 1pc in early trade
The Australian share market is more than 1 per cent higher in morning trade after Wall Street extended its gains overnight. ...
Thu 19th March 2009 - 10:45am
The Australian share market is more than 1 per cent higher in morning trade after Wall Street extended its gains overnight. ...
Thu 19th March 2009 - 10:45am
Police investigate reports baby abandoned after birth on plane
Police in New Zealand are investigating reports that a woman- who gave birth on board an international flight this morning- got off the plane and attempted to abandon the baby. ...
Thu 19th March 2009 - 10:39am
Police in New Zealand are investigating reports that a woman- who gave birth on board an international flight this morning- got off the plane and attempted to abandon the baby. ...
Thu 19th March 2009 - 10:39am
Mineral pours first gold at Senegal
Mineral Deposits Ltd expects to produce about 160-000 ounces of gold from its Sabodala mine in Senegal this year. ...
Thu 19th March 2009 - 10:32am
Mineral Deposits Ltd expects to produce about 160-000 ounces of gold from its Sabodala mine in Senegal this year. ...
Thu 19th March 2009 - 10:32am
SPC Ardmona director resigns
The managing director of the fruit processing company SPC Ardmona- Nigel Garrard- has resigned. ...
Thu 19th March 2009 - 10:30am
The managing director of the fruit processing company SPC Ardmona- Nigel Garrard- has resigned. ...
Thu 19th March 2009 - 10:30am
Carbon Energy Limited ASX-CNXPINK-CNXAF Coal Resource Upgrade Exceeds Expectations
Brisbane- Australia- Mar 19- 2009 - ABN Newswire - Carbon Energy Limited ASX-CNXPINK-CNXAF today released further results of its drilling programme which has been in progress at Bloodwood Creek and Kogan. The latest analysis of the drilling data confirms a much greater than expected increase 125 to its total resource which has risen from 296.9 million tonnes to 668 million tonnes indicated and inferred. ...
Thu 19th March 2009 - 10:27am
Brisbane- Australia- Mar 19- 2009 - ABN Newswire - Carbon Energy Limited ASX-CNXPINK-CNXAF today released further results of its drilling programme which has been in progress at Bloodwood Creek and Kogan. The latest analysis of the drilling data confirms a much greater than expected increase 125 to its total resource which has risen from 296.9 million tonnes to 668 million tonnes indicated and inferred. ...
Thu 19th March 2009 - 10:27am
IBA Health Group Limited ASX-IBA iSOFT Reaches Milestone At Bangkoks Siriraj Hospital
Sydney- Australia- Mar 19- 2009 - ABN Newswire - IBA Health Group Limited ASX-IBAPINK-IBATF Australias largest listed health information technology company today announced that iSOFT Thailand has completed the first phase of a project to replace 10 legacy hospital information systems at Siriraj Hospital in Bangkok- Thailand. The project- which is due for completion this year- is valued at approximately $8.4 million. ...
Thu 19th March 2009 - 10:25am
Sydney- Australia- Mar 19- 2009 - ABN Newswire - IBA Health Group Limited ASX-IBAPINK-IBATF Australias largest listed health information technology company today announced that iSOFT Thailand has completed the first phase of a project to replace 10 legacy hospital information systems at Siriraj Hospital in Bangkok- Thailand. The project- which is due for completion this year- is valued at approximately $8.4 million. ...
Thu 19th March 2009 - 10:25am
Australian shares rise 0.6 pct banks lead
WELLINGTON- March 19 - Australian shares rose 0.6 percent on Thursday- helped by financial and resource stocks- as a surprise move by the Federal Reserve to buy back long-dated U.S. Treasuries raised hopes of boosting credit flows. ...
Thu 19th March 2009 - 10:21am
WELLINGTON- March 19 - Australian shares rose 0.6 percent on Thursday- helped by financial and resource stocks- as a surprise move by the Federal Reserve to buy back long-dated U.S. Treasuries raised hopes of boosting credit flows. ...
Thu 19th March 2009 - 10:21am
Merrill Lynch bonus 'must be disclosed'
A US judge has ordered Bank of America Corp to disclose information about bonuses given to employees at Merrill Lynch -amp Co. ...
Thu 19th March 2009 - 10:15am
A US judge has ordered Bank of America Corp to disclose information about bonuses given to employees at Merrill Lynch -amp Co. ...
Thu 19th March 2009 - 10:15am
Emirates drops A380 service to US
Emirates is pulling its Airbus A380s off the US route because of the economic downturn. ...
Thu 19th March 2009 - 10:13am
Emirates is pulling its Airbus A380s off the US route because of the economic downturn. ...
Thu 19th March 2009 - 10:13am
Aussie at 5 week high on Fed shock bonds fly
SYDNEY- March 19 - The Australian dollar AUD raced to a 5-1-2-week high on Thursday against a clobbered U.S. dollar after the Federal Reserve stunned markets by vastly expanding its asset buying program. ...
Thu 19th March 2009 - 10:12am
SYDNEY- March 19 - The Australian dollar AUD raced to a 5-1-2-week high on Thursday against a clobbered U.S. dollar after the Federal Reserve stunned markets by vastly expanding its asset buying program. ...
Thu 19th March 2009 - 10:12am
Gillard vows IR fight for as long as it takes
Workplace Relations Minister Julia Gillard is not budging on calls to change the unfair dismissal aspects of proposed industrial relations laws- despite the prospect of crossbench senators voting the bill down. ...
Thu 19th March 2009 - 09:47am
Workplace Relations Minister Julia Gillard is not budging on calls to change the unfair dismissal aspects of proposed industrial relations laws- despite the prospect of crossbench senators voting the bill down. ...
Thu 19th March 2009 - 09:47am
Gillard vows IR fight for as long as it takes
Workplace Relations Minister Julia Gillard is not budging on calls to change the unfair dismissal aspects of its industrial relations laws- despite the prospect of crossbench senators voting the bill down. ...
Thu 19th March 2009 - 09:46am
Workplace Relations Minister Julia Gillard is not budging on calls to change the unfair dismissal aspects of its industrial relations laws- despite the prospect of crossbench senators voting the bill down. ...
Thu 19th March 2009 - 09:46am
EPA accused of mine dust inaction
The State Government and the Environment Protection Authority EPA have come under fire for a lack of action on mine dust concerns at Angaston in South Australias Barossa Valley. ...
Thu 19th March 2009 - 09:37am
The State Government and the Environment Protection Authority EPA have come under fire for a lack of action on mine dust concerns at Angaston in South Australias Barossa Valley. ...
Thu 19th March 2009 - 09:37am
Woods heading Down Under
World number one golfer Tiger Woods will play in Melbourne this year- after the Victorian Government won an intense bidding war with New South Wales. ...
Thu 19th March 2009 - 09:36am
World number one golfer Tiger Woods will play in Melbourne this year- after the Victorian Government won an intense bidding war with New South Wales. ...
Thu 19th March 2009 - 09:36am
AIG to be 'broken up within four years'
Insurance giant AIG is to be broken up within four years- its CEO Edward Liddy has told lawmakers. ...
Thu 19th March 2009 - 09:31am
Insurance giant AIG is to be broken up within four years- its CEO Edward Liddy has told lawmakers. ...
Thu 19th March 2009 - 09:31am
Private equity firm buys US newspaper
A private equity firm agreed to buy the California newspaper the San Diego Union-Tribune- in a surprise move given the upheaval in the US newspaper industry. ...
Thu 19th March 2009 - 09:30am
A private equity firm agreed to buy the California newspaper the San Diego Union-Tribune- in a surprise move given the upheaval in the US newspaper industry. ...
Thu 19th March 2009 - 09:30am
AIG boss fears for employees' lives
AIG boss Edward Liddy says he fears for his employees' lives if Congress goes through with a threat to name and shame recipients of lavish bonuses. ...
Thu 19th March 2009 - 09:18am
AIG boss Edward Liddy says he fears for his employees' lives if Congress goes through with a threat to name and shame recipients of lavish bonuses. ...
Thu 19th March 2009 - 09:18am
Bonner sales show land release policy working- Govt
The ACT Government is claiming success with its land release policy after most of its new release of blocks at Bonner were sold. ...
Thu 19th March 2009 - 09:18am
The ACT Government is claiming success with its land release policy after most of its new release of blocks at Bonner were sold. ...
Thu 19th March 2009 - 09:18am
CBA raises $865m under share purchase
Commonwealth Bank of Australia Ltd CBA has raised $865 million from its investors under a share purchase plan SPP. ...
Thu 19th March 2009 - 09:17am
Commonwealth Bank of Australia Ltd CBA has raised $865 million from its investors under a share purchase plan SPP. ...
Thu 19th March 2009 - 09:17am
GrainCorp reaffirms profit guidance
Agribusiness group GrainCorp Ltd has reaffirmed its guidance for a return to profitability in fiscal 2009. ...
Thu 19th March 2009 - 09:11am
Agribusiness group GrainCorp Ltd has reaffirmed its guidance for a return to profitability in fiscal 2009. ...
Thu 19th March 2009 - 09:11am
Task force chairman flags mine expansion delay
The chairman of the Olympic Dam task force says the copper- gold and uranium mines expansion will go ahead despite delays. ...
Thu 19th March 2009 - 08:57am
The chairman of the Olympic Dam task force says the copper- gold and uranium mines expansion will go ahead despite delays. ...
Thu 19th March 2009 - 08:57am
Bonner sales show land release policy working- Govt
The ACT Government is claiming success with its land release policy after most of its new release of blocks at Bonner were sold. ...
Thu 19th March 2009 - 08:48am
The ACT Government is claiming success with its land release policy after most of its new release of blocks at Bonner were sold. ...
Thu 19th March 2009 - 08:48am
Nightclub wins court dispute over opening hours
The Supreme Court in Hobart has dismissed a decision by the Licensing Commissioner to limit the opening hours of a popular waterfront nightspot. ...
Thu 19th March 2009 - 08:47am
The Supreme Court in Hobart has dismissed a decision by the Licensing Commissioner to limit the opening hours of a popular waterfront nightspot. ...
Thu 19th March 2009 - 08:47am
Tourists urged to visit the Prom
The Victorian Environment Minister- Gavin Jennings- says he believes the fire at Wilsons Promontory- in south-east Victoria- will benefit the parks environment. ...
Thu 19th March 2009 - 08:44am
The Victorian Environment Minister- Gavin Jennings- says he believes the fire at Wilsons Promontory- in south-east Victoria- will benefit the parks environment. ...
Thu 19th March 2009 - 08:44am
Australia shares seen firmer on new Fed initiative
U.S. stocks got a boost from the Feds latest move aimed at kick-starting the worlds biggest economy- which in turn is expected to revive global growth and spur demand for Australias chief exports- metals and minerals like iron ore and coal. ...
Thu 19th March 2009 - 08:43am
U.S. stocks got a boost from the Feds latest move aimed at kick-starting the worlds biggest economy- which in turn is expected to revive global growth and spur demand for Australias chief exports- metals and minerals like iron ore and coal. ...
Thu 19th March 2009 - 08:43am
Woods heading Down Under
World number one golfer Tiger Woods will play in Melbourne this year- after the Victorian Government won an intense bidding war with New South Wales. ...
Thu 19th March 2009 - 08:41am
World number one golfer Tiger Woods will play in Melbourne this year- after the Victorian Government won an intense bidding war with New South Wales. ...
Thu 19th March 2009 - 08:41am
Open up water- sewerage network- urges report
An economic report has recommended that private suppliers be given access to South Australias water and sewerage networks- similar to what occurs in the electricity sector. ...
Thu 19th March 2009 - 08:39am
An economic report has recommended that private suppliers be given access to South Australias water and sewerage networks- similar to what occurs in the electricity sector. ...
Thu 19th March 2009 - 08:39am
Open up water- sewerage network- urges report
An economic report has recommended that private suppliers be given access to South Australias water and sewerage networks- similar to what occurs in the electricity sector. ...
Thu 19th March 2009 - 08:38am
An economic report has recommended that private suppliers be given access to South Australias water and sewerage networks- similar to what occurs in the electricity sector. ...
Thu 19th March 2009 - 08:38am
Woods heading Down Under
World number one golfer Tiger Woods will play the Australian Masters in Melbourne in November. ...
Thu 19th March 2009 - 08:32am
World number one golfer Tiger Woods will play the Australian Masters in Melbourne in November. ...
Thu 19th March 2009 - 08:32am
Merrill Lynch bonus 'must be disclosed'
A US judge has ordered Bank of America Corp to disclose information about bonuses given to employees at Merrill Lynch -amp Co. ...
Thu 19th March 2009 - 08:22am
A US judge has ordered Bank of America Corp to disclose information about bonuses given to employees at Merrill Lynch -amp Co. ...
Thu 19th March 2009 - 08:22am
Fed Holds- Lifts Markets
No change from the US Federal Reserve on interest rates- and it said little that was positive about the economy- and a lot about how it intends doing- to get credit flowing through the economy.The Fed made no change to its interest rate range this morning of 0 to 0.25- and detailed plans to buy over $US1.1 trillion of debt issued by the likes of mortgage groups- Fannie Mae and Freddie Mac- and our US Government agency debt.The news saw Wall Street surge from losses to up over 100 points- a 150 point turnaround in the space of 10 minutes. -amp 160The Feds Open Markets Committee met in Washington for two days and released its statement at 5.15 am today- Sydney time.It indicated it would be looking to boost lending- especially to the housing sector- but theres no move on rates for quite some time. -amp quotThe Committee will maintain the target range for the federal funds rate at 0 to 1-4 percent and anticipates that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period. -amp quot -amp quotThe Committee decided today to increase the size of the Federal Reserves balance sheet further by purchasing up to an additional $750 billion of agency mortgage-backed securities- bringing its total purchases of these securities to up to $1.25 trillion this year- and to increase its purchases of agency debt this year by up to $100 billion to a total of up to $200 billion. -amp 160 -amp 160 -amp quotMoreover- to help improve conditions in private credit markets- the Committee decided to purchase up to $300 billion of longer-term Treasury securities over the next six months. -amp quot -amp 160The Feds meeting was held after chairman Ben Bernanke talked about green shoots appearing in places in the US economy and how that if everything went OK- we could see a recovery in 2010.But he talked about the lack of -amp quotpolitical will -amp quot in the US and in some other countries by implication to really tackle hard issues about banks- financial stimulus and other changes needed to stabilise the slide and position economies for growth again.Japan would be a prime offender not mentioned by name- but implicated by his comments about the lack of -amp quotwill -amp quot.The International Monetary Fund yesterday changed Japans growth rate for 2009 to minus 5 from minus 2.6 earlier in January.We have seen back to back retail sales figures in the US that could be seen as steadying with the sharp slumps seen late in 2008 no longer evident- and this week we saw the best new home start figures and new home permit numbers in 11 months.New home building is still depressed- but it seems no longer to be plunging.Inflation isnt a worry- even though the US consumer price index rose by a bit more than expected last month.The US trade deficit shrank again as exports fell and imports dropped noticeably as the recession chops demand.Banks are doing better in the US and Asia and parts of Europe and headlines are now appearing in papers and on websites about ducking the depression and call off the depression.The keys to the economy remain unemployment- house prices and demand for housing and business investment.Up to the close of business on Tuesday Wall Street is up more than 12- with the Standard -amp 38 Poors retailing index up 18 since a March 6 low.The Dow Jones home construction index has risen 25 in the same time and bank and financial stocks are up sharply.The $US787 billion stimulus package is now putting more money into consumers pockets- but its early days for any impact.There are still plenty of things to kill the recovery- another financial disaster. The AIG bailout and bonus scandal is one that springs readily to mind.Problems in some European banks and eastern Europe havent gone away and there are quite a few big Japanese banks and companies feeling the strain as that country moves quickly into the steepest decline it has seen in decades.And a continued bleeding of jobs from big and medium level companies.Italys biggest bank- UniCredit revealed it was seeking $US4 billion in aid from the Italian and Australian Governments.Interestingly last Friday was the first Friday in over seven weeks when there wasnt a bank closed in the US by regulators. -amp 160 ...
Thu 19th March 2009 - 08:21am
No change from the US Federal Reserve on interest rates- and it said little that was positive about the economy- and a lot about how it intends doing- to get credit flowing through the economy.The Fed made no change to its interest rate range this morning of 0 to 0.25- and detailed plans to buy over $US1.1 trillion of debt issued by the likes of mortgage groups- Fannie Mae and Freddie Mac- and our US Government agency debt.The news saw Wall Street surge from losses to up over 100 points- a 150 point turnaround in the space of 10 minutes. -amp 160The Feds Open Markets Committee met in Washington for two days and released its statement at 5.15 am today- Sydney time.It indicated it would be looking to boost lending- especially to the housing sector- but theres no move on rates for quite some time. -amp quotThe Committee will maintain the target range for the federal funds rate at 0 to 1-4 percent and anticipates that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period. -amp quot -amp quotThe Committee decided today to increase the size of the Federal Reserves balance sheet further by purchasing up to an additional $750 billion of agency mortgage-backed securities- bringing its total purchases of these securities to up to $1.25 trillion this year- and to increase its purchases of agency debt this year by up to $100 billion to a total of up to $200 billion. -amp 160 -amp 160 -amp quotMoreover- to help improve conditions in private credit markets- the Committee decided to purchase up to $300 billion of longer-term Treasury securities over the next six months. -amp quot -amp 160The Feds meeting was held after chairman Ben Bernanke talked about green shoots appearing in places in the US economy and how that if everything went OK- we could see a recovery in 2010.But he talked about the lack of -amp quotpolitical will -amp quot in the US and in some other countries by implication to really tackle hard issues about banks- financial stimulus and other changes needed to stabilise the slide and position economies for growth again.Japan would be a prime offender not mentioned by name- but implicated by his comments about the lack of -amp quotwill -amp quot.The International Monetary Fund yesterday changed Japans growth rate for 2009 to minus 5 from minus 2.6 earlier in January.We have seen back to back retail sales figures in the US that could be seen as steadying with the sharp slumps seen late in 2008 no longer evident- and this week we saw the best new home start figures and new home permit numbers in 11 months.New home building is still depressed- but it seems no longer to be plunging.Inflation isnt a worry- even though the US consumer price index rose by a bit more than expected last month.The US trade deficit shrank again as exports fell and imports dropped noticeably as the recession chops demand.Banks are doing better in the US and Asia and parts of Europe and headlines are now appearing in papers and on websites about ducking the depression and call off the depression.The keys to the economy remain unemployment- house prices and demand for housing and business investment.Up to the close of business on Tuesday Wall Street is up more than 12- with the Standard -amp 38 Poors retailing index up 18 since a March 6 low.The Dow Jones home construction index has risen 25 in the same time and bank and financial stocks are up sharply.The $US787 billion stimulus package is now putting more money into consumers pockets- but its early days for any impact.There are still plenty of things to kill the recovery- another financial disaster. The AIG bailout and bonus scandal is one that springs readily to mind.Problems in some European banks and eastern Europe havent gone away and there are quite a few big Japanese banks and companies feeling the strain as that country moves quickly into the steepest decline it has seen in decades.And a continued bleeding of jobs from big and medium level companies.Italys biggest bank- UniCredit revealed it was seeking $US4 billion in aid from the Italian and Australian Governments.Interestingly last Friday was the first Friday in over seven weeks when there wasnt a bank closed in the US by regulators. -amp 160 ...
Thu 19th March 2009 - 08:21am
China Still Alive
The World Bank and International Monetary Fund both see negative growth for the world economy in 2009- but both still see growth in China.But while thats good news for Australia- growth in some of our other major Asian markets- especially Japan- looks like being worse than expected in 2009.But according to both organisations- we can expect a positive growth figure in China.An aide to IMF managing director Dominique Strauss-Kahn- told reporters this week that the Fund now expects the world economy will shrink by 0.6 this year that compares to the World Banks estimate a week ago for negative growth of 1 to 2.The IMF had forecast global growth of just 0.5 in its January update of its global forecasts.But growth in Japan will fall by an unsettling 5- almost double the January forecast of a 2.6 contraction- and overall growth in Asia excluding Japan will be up 3.6- compared with the earlier January forecast of 5.8- as output in China slows.The official didnt provide a figure for Chinas growth- but China will still be growing.The January forecast said the Fund expected growth of 6.7 this year for China. -amp 160Seeing growth in countries such as Taiwan- Hong Kong- South Korea and Singapore are all forecast by their central banks to be negative this year- the IMFs forecast means there is still some positive growth in China.Now the World Bank has cut its growth forecast for China to 6.5 from 7.5 last November. -amp 160That compares with the 6.8 annual growth rate in the 4th quarter of 2008.The Banks latest quarterly report on China -amp 160said there were -amp quotearly signs -amp quot of the economy stabilizing as government-backed investment counters a slump in exports. -amp quotAlthough Chinas growth is set to slow- it is still likely to outgrow most other countries. -amp quotStimulus policies will limit the extent of the slowdown by supporting domestic demand- production- and employment -amp quot- the World Bank said. -amp quotWhile Chinas real economy has been hit hard by the global crisis- it is still holding up. -amp quotThe Update- a regular assessment of the Chinese economy- finds that Chinas banks have been largely unscathed by the international financial turmoil and that the economy still has plenty of space to implement forceful stimulus measures. -amp quotHowever- as the global crisis has intensified- Chinas exports have been hit badly- affecting market-based investment and sentiment- notably in the manufacturing sector. -amp quotPremier Wen Jiabao said last week that China 8 growth target was -amp quotdifficult- but possible- -amp quot adding that the government could add stimulus measures at any time.The World Bank warned that its new 6.5 growth rate -amp quotis significantly lower than potential growth. -amp quotThe resulting spare capacity is therefore likely to lead to weaker market-based investment- less job growth and migration- downward pressure on prices- redirection of exports to the domestic market- and import substitution in the coming years. -amp quotHowever- China is still likely to continue to outgrow most other countries- the Update says. -amp quotDomestically- amidst the solid macroeconomic fundamentals- stimulus policies help dampen the downturn by providing support for activity and sentiment. -amp quotBanks are keen to help finance growth- after having deleveraged in recent years. -amp quotPrivate consumption has been fairly resilient so far and should be able to continue to grow significantly- while government-influenced investment is accelerating already. -amp quotThe update notes that Chinas economic fundamentals are strong enough to look beyond 2009. -amp quotSo far- the policy response to the downturn has emphasized stimulating investment to help achieve the short term economic targets. -amp quotGiven the fiscal space- there is a strong case for expansionary policies. But there may be a case for less emphasis on short term growth and more on longer term issues. -amp quot -amp quotThe Update also highlights the importance of financial sector reform. -amp quotWith inflation prospects subdued- there is scope for accommodative monetary policy. -amp quotDeflation is a risk in principle- but policymakers have some tools to fight it. -amp quotFurther structural reforms in the financial system would help China manage the downturn and make the transition to a rebalanced growth model. -amp quotThe global slowdown underscored the need for China to move to rely more on domestic consumption and less on investment and trade.The government has -amp quotroom to do more -amp quot to improve health- education and social security and to boost incomes- the report said.This years planned fiscal deficit- which may be equivalent to 3.2 of gross domestic product- is -amp quotsizable but manageable- -amp quot the report said.In Australian terms- a deficit of that size would be around $A35 billion- which on present indications- is what the 2009-10 budget outcome could end up.China last November outlined $US586 billion in stimulus spending- much of that already in the pipeline.Western analysts say it could be really around half to two thirds that figure. It is also spending over two years- with the bulk loaded into the 18 months from June onwards. -amp 160 ...
Thu 19th March 2009 - 08:19am
The World Bank and International Monetary Fund both see negative growth for the world economy in 2009- but both still see growth in China.But while thats good news for Australia- growth in some of our other major Asian markets- especially Japan- looks like being worse than expected in 2009.But according to both organisations- we can expect a positive growth figure in China.An aide to IMF managing director Dominique Strauss-Kahn- told reporters this week that the Fund now expects the world economy will shrink by 0.6 this year that compares to the World Banks estimate a week ago for negative growth of 1 to 2.The IMF had forecast global growth of just 0.5 in its January update of its global forecasts.But growth in Japan will fall by an unsettling 5- almost double the January forecast of a 2.6 contraction- and overall growth in Asia excluding Japan will be up 3.6- compared with the earlier January forecast of 5.8- as output in China slows.The official didnt provide a figure for Chinas growth- but China will still be growing.The January forecast said the Fund expected growth of 6.7 this year for China. -amp 160Seeing growth in countries such as Taiwan- Hong Kong- South Korea and Singapore are all forecast by their central banks to be negative this year- the IMFs forecast means there is still some positive growth in China.Now the World Bank has cut its growth forecast for China to 6.5 from 7.5 last November. -amp 160That compares with the 6.8 annual growth rate in the 4th quarter of 2008.The Banks latest quarterly report on China -amp 160said there were -amp quotearly signs -amp quot of the economy stabilizing as government-backed investment counters a slump in exports. -amp quotAlthough Chinas growth is set to slow- it is still likely to outgrow most other countries. -amp quotStimulus policies will limit the extent of the slowdown by supporting domestic demand- production- and employment -amp quot- the World Bank said. -amp quotWhile Chinas real economy has been hit hard by the global crisis- it is still holding up. -amp quotThe Update- a regular assessment of the Chinese economy- finds that Chinas banks have been largely unscathed by the international financial turmoil and that the economy still has plenty of space to implement forceful stimulus measures. -amp quotHowever- as the global crisis has intensified- Chinas exports have been hit badly- affecting market-based investment and sentiment- notably in the manufacturing sector. -amp quotPremier Wen Jiabao said last week that China 8 growth target was -amp quotdifficult- but possible- -amp quot adding that the government could add stimulus measures at any time.The World Bank warned that its new 6.5 growth rate -amp quotis significantly lower than potential growth. -amp quotThe resulting spare capacity is therefore likely to lead to weaker market-based investment- less job growth and migration- downward pressure on prices- redirection of exports to the domestic market- and import substitution in the coming years. -amp quotHowever- China is still likely to continue to outgrow most other countries- the Update says. -amp quotDomestically- amidst the solid macroeconomic fundamentals- stimulus policies help dampen the downturn by providing support for activity and sentiment. -amp quotBanks are keen to help finance growth- after having deleveraged in recent years. -amp quotPrivate consumption has been fairly resilient so far and should be able to continue to grow significantly- while government-influenced investment is accelerating already. -amp quotThe update notes that Chinas economic fundamentals are strong enough to look beyond 2009. -amp quotSo far- the policy response to the downturn has emphasized stimulating investment to help achieve the short term economic targets. -amp quotGiven the fiscal space- there is a strong case for expansionary policies. But there may be a case for less emphasis on short term growth and more on longer term issues. -amp quot -amp quotThe Update also highlights the importance of financial sector reform. -amp quotWith inflation prospects subdued- there is scope for accommodative monetary policy. -amp quotDeflation is a risk in principle- but policymakers have some tools to fight it. -amp quotFurther structural reforms in the financial system would help China manage the downturn and make the transition to a rebalanced growth model. -amp quotThe global slowdown underscored the need for China to move to rely more on domestic consumption and less on investment and trade.The government has -amp quotroom to do more -amp quot to improve health- education and social security and to boost incomes- the report said.This years planned fiscal deficit- which may be equivalent to 3.2 of gross domestic product- is -amp quotsizable but manageable- -amp quot the report said.In Australian terms- a deficit of that size would be around $A35 billion- which on present indications- is what the 2009-10 budget outcome could end up.China last November outlined $US586 billion in stimulus spending- much of that already in the pipeline.Western analysts say it could be really around half to two thirds that figure. It is also spending over two years- with the bulk loaded into the 18 months from June onwards. -amp 160 ...
Thu 19th March 2009 - 08:19am
Vic Govt to foot half of Tiger Woods appearance fee
Victorias Tourism Minister has defended the use of taxpayers money to lure Tiger Woods to Melbourne to play at the Australian Masters Golf in November. ...
Thu 19th March 2009 - 08:17am
Victorias Tourism Minister has defended the use of taxpayers money to lure Tiger Woods to Melbourne to play at the Australian Masters Golf in November. ...
Thu 19th March 2009 - 08:17am
Minister flags smaller marine parks
The South Australian Government says it is likely the final boundaries of new marine parks will be smaller than the 19 initially proposed. ...
Thu 19th March 2009 - 08:14am
The South Australian Government says it is likely the final boundaries of new marine parks will be smaller than the 19 initially proposed. ...
Thu 19th March 2009 - 08:14am
Fed announcement extends Wall Street rally
Wall Street has extended yesterdays rally after the US Federal Reserve announced plans to pump an additional trillion US dollars into the financial system to kick-start the economy. ...
Thu 19th March 2009 - 07:52am
Wall Street has extended yesterdays rally after the US Federal Reserve announced plans to pump an additional trillion US dollars into the financial system to kick-start the economy. ...
Thu 19th March 2009 - 07:52am
Fannie to give $US611-000 bonuses
Fannie Mae plans to pay retention bonuses of as much as $US611-000 $A923-379 each to key executives this year . ...
Thu 19th March 2009 - 07:51am
Fannie Mae plans to pay retention bonuses of as much as $US611-000 $A923-379 each to key executives this year . ...
Thu 19th March 2009 - 07:51am
Fed announcement extends Wall Street rally
Wall Street has extended yesterdays rally after the US Federal Reserve announced plans to pump an additional trillion US dollars into the financial system to kick-start the economy. ...
Thu 19th March 2009 - 07:51am
Wall Street has extended yesterdays rally after the US Federal Reserve announced plans to pump an additional trillion US dollars into the financial system to kick-start the economy. ...
Thu 19th March 2009 - 07:51am
Emirates drops A380 service to US
Emirates is pulling its Airbus A380s off the US route because of the economic downturn. ...
Thu 19th March 2009 - 07:32am
Emirates is pulling its Airbus A380s off the US route because of the economic downturn. ...
Thu 19th March 2009 - 07:32am
Emirates drops A380 service to US
Emirates is pulling the aircraft off the US route because of the economic downturn. ...
Thu 19th March 2009 - 07:20am
Emirates is pulling the aircraft off the US route because of the economic downturn. ...
Thu 19th March 2009 - 07:20am
Swiss complain to OECD about tax blacklist- minister
PARIS AFP - Switzerland said on Wednesday it had formally complained to the OECD after the organisation placed it on a draft list of uncooperative tax havens in a running row about banking secrecy. ...
Thu 19th March 2009 - 06:50am
PARIS AFP - Switzerland said on Wednesday it had formally complained to the OECD after the organisation placed it on a draft list of uncooperative tax havens in a running row about banking secrecy. ...
Thu 19th March 2009 - 06:50am
Oil falls on U.S. stock build-China growth concern
NEW YORK- March 18 - Oil fell $1 a barrel on Wednesday after data showed U.S. crude inventories swelled to the highest level in nearly two years and the World Bank cut its 2009 forecast for Chinas economic growth. ...
Thu 19th March 2009 - 06:34am
NEW YORK- March 18 - Oil fell $1 a barrel on Wednesday after data showed U.S. crude inventories swelled to the highest level in nearly two years and the World Bank cut its 2009 forecast for Chinas economic growth. ...
Thu 19th March 2009 - 06:34am
France economy to grow 1.0 pct in 2010- minister
PARIS AFP - Frances economy is forecast to return to growth in 2010- expanding 1. ...
Thu 19th March 2009 - 06:32am
PARIS AFP - Frances economy is forecast to return to growth in 2010- expanding 1. ...
Thu 19th March 2009 - 06:32am
AIG boss fears for employees' lives
AIG boss Edward Liddy says he fears for his employees' lives if Congress goes through with a threat to name and shame recipients of lavish bonuses. ...
Thu 19th March 2009 - 06:20am
AIG boss Edward Liddy says he fears for his employees' lives if Congress goes through with a threat to name and shame recipients of lavish bonuses. ...
Thu 19th March 2009 - 06:20am
Oil industry sounds alarm on investment threat
VIENNA AFP - Weak oil prices are squeezing critical industry investment- threatening to drive up the cost of energy when the global economy recovers- key oil sector players warned Wednesday. ...
Thu 19th March 2009 - 05:49am
VIENNA AFP - Weak oil prices are squeezing critical industry investment- threatening to drive up the cost of energy when the global economy recovers- key oil sector players warned Wednesday. ...
Thu 19th March 2009 - 05:49am
ECB predicts crisis recovery in 2010
European Central Bank head Jean-Claude Trichet has joined the chief of the US central bank in forecasting that the economic crisis will recover next year. ...
Thu 19th March 2009 - 05:43am
European Central Bank head Jean-Claude Trichet has joined the chief of the US central bank in forecasting that the economic crisis will recover next year. ...
Thu 19th March 2009 - 05:43am
US balance of payments deficit dips
The US balance of payments deficit with the rest of the world fell in the fourth quarter to its lowest level since 2003. ...
Thu 19th March 2009 - 05:42am
The US balance of payments deficit with the rest of the world fell in the fourth quarter to its lowest level since 2003. ...
Thu 19th March 2009 - 05:42am
Trade financing shortfall deepens- source
GENEVA AFP - The global shortfall in trade financing has expanded by up to four-fold since November to around 100 billion dollars 76 billion euros- with emerging markets feeling the pinch due to the credit crunch- a trade source said Wednesday. ...
Thu 19th March 2009 - 05:28am
GENEVA AFP - The global shortfall in trade financing has expanded by up to four-fold since November to around 100 billion dollars 76 billion euros- with emerging markets feeling the pinch due to the credit crunch- a trade source said Wednesday. ...
Thu 19th March 2009 - 05:28am
Oil falls on U.S. stock build- China
NEW YORK- March 18 - Oil fell $1 a barrel on Wednesday after data showed U.S. crude inventories swelled to the highest level in nearly two years and the World Bank cut its 2009 forecast for Chinas economic growth. ...
Thu 19th March 2009 - 05:13am
NEW YORK- March 18 - Oil fell $1 a barrel on Wednesday after data showed U.S. crude inventories swelled to the highest level in nearly two years and the World Bank cut its 2009 forecast for Chinas economic growth. ...
Thu 19th March 2009 - 05:13am
EU should consider eurozone fast-track- Lithuanian PM
VILNIUS AFP - The EU should consider fast-tracking its crisis-hit Baltic member states into the eurozone to bolster their struggling economies- Lithuanian Prime Minister Andrius Kubilius said Wednesday. ...
Thu 19th March 2009 - 05:12am
VILNIUS AFP - The EU should consider fast-tracking its crisis-hit Baltic member states into the eurozone to bolster their struggling economies- Lithuanian Prime Minister Andrius Kubilius said Wednesday. ...
Thu 19th March 2009 - 05:12am
World Bank slashes Chinas growth forecast
WASHINGTON AFP - The World Bank has slashed Chinas economic growth forecast to 6. ...
Thu 19th March 2009 - 04:55am
WASHINGTON AFP - The World Bank has slashed Chinas economic growth forecast to 6. ...
Thu 19th March 2009 - 04:55am
Madoff auditor surrenders on fraud charge
NEW YORK AFP - Bernard Madoffs auditor David Friehling surrendered Wednesday to authorities after being charged with securities fraud- federal prosecutors said. ...
Thu 19th March 2009 - 04:45am
NEW YORK AFP - Bernard Madoffs auditor David Friehling surrendered Wednesday to authorities after being charged with securities fraud- federal prosecutors said. ...
Thu 19th March 2009 - 04:45am
Oil falls on U.S. stock build- China
NEW YORK- March 18 - Oil fell $1 to $48 a barrel on Wednesday after government data showed U.S. crude supplies swelled to the highest level in nearly two years- and the World Bank cut its forecast for Chinas economic growth this year. ...
Thu 19th March 2009 - 03:41am
NEW YORK- March 18 - Oil fell $1 to $48 a barrel on Wednesday after government data showed U.S. crude supplies swelled to the highest level in nearly two years- and the World Bank cut its forecast for Chinas economic growth this year. ...
Thu 19th March 2009 - 03:41am
Biotech sector calls for $600m package
Australia's biotech sector is pushing for a $600 million rescue package needed- it says- to ensure its 1-200 companies survive the global economic slow-down. ...
Thu 19th March 2009 - 02:31am
Australia's biotech sector is pushing for a $600 million rescue package needed- it says- to ensure its 1-200 companies survive the global economic slow-down. ...
Thu 19th March 2009 - 02:31am
Oil falls below $48 after U.S. stock build
LONDON- March 18 - Oil fell more than 3 percent to below $48 a barrel on Wednesday after fresh industry data showing a build in U.S. crude oil stocks and the World Bank cut its forecast for Chinas economic growth this year. ...
Thu 19th March 2009 - 02:31am
LONDON- March 18 - Oil fell more than 3 percent to below $48 a barrel on Wednesday after fresh industry data showing a build in U.S. crude oil stocks and the World Bank cut its forecast for Chinas economic growth this year. ...
Thu 19th March 2009 - 02:31am
Kia Wins a 2009 red dot Design Award
Seoul- Mar 19- 2009 - ACN Newswire - Kias stylish and fun urban cross-over vehicle- the Soul- has become the first Korean car ever to receive the prestigious recognition of a design award from the world renowned red dot awards at the 2009 product design competition held in Germany. ...
Thu 19th March 2009 - 02:25am
Seoul- Mar 19- 2009 - ACN Newswire - Kias stylish and fun urban cross-over vehicle- the Soul- has become the first Korean car ever to receive the prestigious recognition of a design award from the world renowned red dot awards at the 2009 product design competition held in Germany. ...
Thu 19th March 2009 - 02:25am
Golden handshake crackdown wont cover all companies
The Federal Government says not all companies listed on the Australian Stock Exchange will be covered by new rules aimed at tackling excessive golden handshake executive payouts. ...
Thu 19th March 2009 - 01:40am
The Federal Government says not all companies listed on the Australian Stock Exchange will be covered by new rules aimed at tackling excessive golden handshake executive payouts. ...
Thu 19th March 2009 - 01:40am
Golden handshake crackdown wont cover all companies
The Federal Government says not all companies listed on the Australian Stock Exchange will be covered by new rules aimed at tackling excessive golden handshake executive payouts. ...
Thu 19th March 2009 - 01:37am
The Federal Government says not all companies listed on the Australian Stock Exchange will be covered by new rules aimed at tackling excessive golden handshake executive payouts. ...
Thu 19th March 2009 - 01:37am
Panasonic to Open Eco Ideas House Green Future Home Aims for Zero CO2 Emissions in Three to Five Years
Osaka- Mar 18- 2009 - JCN Newswire - Panasonic Corporation today announced its plan to open an eco-themed showroom called Eco Ideas House on the premises of Panasonic Center Tokyo- a corporate global communication platform of the Panasonic Group. ...
Thu 19th March 2009 - 01:27am
Osaka- Mar 18- 2009 - JCN Newswire - Panasonic Corporation today announced its plan to open an eco-themed showroom called Eco Ideas House on the premises of Panasonic Center Tokyo- a corporate global communication platform of the Panasonic Group. ...
Thu 19th March 2009 - 01:27am
Golden handshake crackdown wont cover all companies
The Federal Government says not all companies listed on the Australian Stock Exchange will be covered by new rules aimed at tackling excessive golden handshake executive payouts. ...
Thu 19th March 2009 - 01:25am
The Federal Government says not all companies listed on the Australian Stock Exchange will be covered by new rules aimed at tackling excessive golden handshake executive payouts. ...
Thu 19th March 2009 - 01:25am
BMW chief says crisis prevents 2009 outlook
MUNICH- Germany AFP - German luxury car maker BMW said Wednesday the current economic crisis prevented it from giving a detailed 2009 outlook but insisted that its medium-term targets were achievable. ...
Thu 19th March 2009 - 12:50am
MUNICH- Germany AFP - German luxury car maker BMW said Wednesday the current economic crisis prevented it from giving a detailed 2009 outlook but insisted that its medium-term targets were achievable. ...
Thu 19th March 2009 - 12:50am
ECB joins IMF- Fed in seeing recovery in 2010
PARIS AFP - ECB head Jean-Claude Trichet and a senior official from the International Monetary Fund on Wednesday predicted that the global economic crisis would give way to recovery next year. ...
Thu 19th March 2009 - 12:41am
PARIS AFP - ECB head Jean-Claude Trichet and a senior official from the International Monetary Fund on Wednesday predicted that the global economic crisis would give way to recovery next year. ...
Thu 19th March 2009 - 12:41am
China cans Coca-Cola bid for juice-maker
BEIJING AFP - China said Wednesday it had rejected a bid by US soft-drink giant Coca-Cola to acquire the nations top juice-maker- scuttling what would have been the biggest foreign takeover of a Chinese firm. ...
Thu 19th March 2009 - 12:32am
BEIJING AFP - China said Wednesday it had rejected a bid by US soft-drink giant Coca-Cola to acquire the nations top juice-maker- scuttling what would have been the biggest foreign takeover of a Chinese firm. ...
Thu 19th March 2009 - 12:32am
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