News archive from 4 April 2013

Global stocks waver on weak US data

Global stocks waver on weak US data

Share markets in the United States and Europe have fallen overnight, after some worse-than-expected economic figures out of the US.A leading employment survey showed far fewer workers were hired in the private sector than expected last month, leading...

ABC News, 10:03 in Business
 
Billabong suspends shares as talks roll on

Billabong suspends shares as talks roll on

SHARES in troubled retailer Billabong have been suspended indefinitely so it can continue takeover talks with two potential suitors. The surfwear company's shares were due to resume trading today after it requested a trading halt earlier in the week...

 

Services sector improves in March

Recent interest rates cuts have helped revive Australia's services sector, which is edging closer to growth. However, September's federal election is acting as a handbrake on activity. The findings came as the latest Australian Industry...

TheAge, 10:06 in Business
 
Fairfax reshuffles media divisions

Fairfax reshuffles media divisions

FAIRFAX Media is reorganising its operations into five business arms as it continues its massive restructure program. Fairfax is also reshuffling its executive team, with the head of its New Zealand operations, Allen Williams, appointed to head the...

 

Cyprus 'ready to turn economy around'

THE new finance minister of cash-strapped Cyprus vowed to do "whatever it takes" to sort out the EU country's teetering finances and put the economy back on track for growth. Haris Georgiades was speaking hours after President Nicos...

 

Services sector improves in March

Recent interest rates cuts have helped revive Australia's services sector, which is edging closer to growth. However, September's federal election is acting as a handbrake on activity. The findings came as the latest Australian Industry...

 
Plunge in number of homes for sale in Perth

Plunge in number of homes for sale in Perth

The number of homes for sale in the Perth metropolitan area has fallen to its lowest level in more than six years.The Real Estate Institute of Western Australia says there are currently fewer than 7,000 homes and units for sale. That is a 50 per cent...

ABC News, 10:12 in Business
 
Billabong suspends shares as talks roll on

Billabong suspends shares as talks roll on

SHARES in troubled retailer Billabong have been suspended indefinitely so it can continue takeover talks with two potential suitors. The surfwear company's shares were due to resume trading today after it requested a trading halt earlier in the week...

 
Fairfax reshuffles media divisions

Fairfax reshuffles media divisions

FAIRFAX Media is reorganising its operations into five business arms as it continues its massive restructure program. Fairfax is also reshuffling its executive team, with the head of its New Zealand operations, Allen Williams, appointed to head the...

 

Cyprus 'ready to turn economy around'

THE new finance minister of cash-strapped Cyprus vowed to do "whatever it takes" to sort out the EU country's teetering finances and put the economy back on track for growth. Haris Georgiades was speaking hours after President Nicos...

 

Services sector improves in March

Recent interest rates cuts have helped revive Australia's services sector, which is edging closer to growth. However, September's federal election is acting as a handbrake on activity. The findings came as the latest Australian Industry...

 

Markets Live: Stocks sag early

10:16am: The Australian share market has opened lower. The benchmark S&P/ASX200 index was down 27.6 points, or 0.56 per cent, at 4,930.1, while the broader All Ordinaries index lost 28.2 points, or 0.57 per cent, to 4,938.2. On the ASX 24, the...

 
Healthy result for export figures

Healthy result for export figures

A recovery in exports to China has helped Tasmania post some of its healthiest monthly trade figures in the past year.Tasmania exported $70 million worth of goods to China in February, a $6 million increase on the previous month. But that is below a...

ABC News, 10:26 in Business
 

Markets Live: Stocks sag early

10:28am: Sector by sector on the ASX200 in early trade: Energy: -1.65% Materials: -1.42% Info tech: -0.88% Industrials: -0.87% Consumer disc: -0.67% Utilities: -0.62% Upvotes:0 Downvotes:0 Copy Link 10:16am: The Australian share market has opened...

TheAge, 10:29 in Business
 

Markets Live: Stocks sag early

10:16am: The Australian share market has opened lower. The benchmark S&P/ASX200 index was down 27.6 points, or 0.56 per cent, at 4,930.1, while the broader All Ordinaries index lost 28.2 points, or 0.57 per cent, to 4,938.2. On the ASX 24, the...

 
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