News archive from 11 July 2013

Aussie dollar soars on Fed stimulus comments

Aussie dollar ... Up sharply as US says it will continue supporting economic recovery. The Australian dollar has leapt almost 2 US higher cents after Federal Reserve boss Ben Bernanke said the central bank was not about to withdraw support for the...

 

ASX eye gains ahead of jobs data

Join the Markets Live blog from 9.30am Australian shares are set to open higher after Fed boss Ben S. Bernanke reaffirmed the US central bank's commitment to supporting the US recovery and as local investors look to a key jobs report. On the ASX24,...

TheAge, 09:12 in Business
 

Aussie dollar soars on Fed stimulus comments

Aussie dollar ... Up sharply as US says it will continue supporting economic recovery. The Australian dollar has leapt almost 2 US higher cents after Federal Reserve boss Ben Bernanke said the central bank was not about to withdraw support for the...

TheAge, 09:12 in Business
 

ASX eye gains ahead of jobs data

Join the Markets Live blog from 9.30am Australian shares are set to open higher after Fed boss Ben S. Bernanke reaffirmed the US central bank's commitment to supporting the US recovery and as local investors look to a key jobs report. On the ASX24,...

 
Aussie dollar soars on Fed stimulus comments

Aussie dollar soars on Fed stimulus comments

The Australian dollar has leapt almost 2 US higher cents after Federal Reserve boss Ben Bernanke said the central bank was not about to withdraw support for the recovering US economy. The local currency took flight on the comments, beginning a gain...

 

ASX eye gains ahead of jobs data

Join the Markets Live blog from 9.30am Australian shares are set to open higher after Fed boss Ben S. Bernanke reaffirmed the US central bank's commitment to supporting the US recovery and as local investors look to a key jobs report. On the ASX24,...

 
Global markets drop after Standard & Poor's downgrades its credit rating for Italy

Global markets drop after Standard & Poor's downgrades its credit rating for Italy

It was a subdued finish to trading on markets in the United States and Europe, with a credit rating downgrade for Italy and weak Chinese trade data weighing on investor sentiment.The minutes from the US Federal Reserve's June policy meeting were...

ABC News, 09:34 in Business
 

Markets Live: We need to talk about Ben

9:42am: Speaking at a conference in Cambridge, Massachusetts, US Federal Reserve chairman Ben Bernanke warned that the full impact on the economy of steep government spending cuts initiated in March was yet to be seen, underscoring the need for more...

TheAge, 09:44 in Business
 

Markets Live: We need to talk about Ben

9:35am: The Aussie dollar posted a big turnaround on comments this morning from Fed boss Ben Bernanke, who reinforced the US central bank's commitment to the QE program for the "foreseeable future". The Aussie rose from 91.21 US cents at...

 

Markets Live: We need to talk about Ben

9:42am: Speaking at a conference in Cambridge, Massachusetts, US Federal Reserve chairman Ben Bernanke warned that the full impact on the economy of steep government spending cuts initiated in March was yet to be seen, underscoring the need for more...

 
Chinese, US leaders discuss hacking, economics and human rights

Chinese, US leaders discuss hacking, economics and human rights

US Vice President Joe Biden has urged China to end its "outright" theft through hacking at the start of two days of talks between the world's two largest economies.Mr Biden launched the annual US-China Strategic and Economic Dialogue in...

ABC News, 09:56 in Business
 
Hispanic employees sue Target for discrimination

Hispanic employees sue Target for discrimination

Three former Hispanic employees are suing Target Corp. for discrimination and retaliation, citing a training document reminding managers that not all Hispanics eat tacos and burritos, dance to salsa or wear sombreros. The lawsuit was filed June 24 in...

 
The disappearing Aussie lunchbreak

The disappearing Aussie lunchbreak

"LUNCH is for wimps" Gordon Gekko famously said in Wall Street and it seems Australians have taken him literally. Workers are skipping the midday meal in growing numbers and opting to eat "al desko" and catch up on personal admin...

 

ASX eye gains ahead of jobs data

Australian shares are set to open higher after Fed boss Ben S. Bernanke reaffirmed the US central bank's commitment to supporting the US recovery and as local investors look to a key jobs report. On the ASX24, the SPI futures contract was 5 points...

 

Fed in no hurry to cut stimulus

United States Federal Reserve chairman Ben Bernanke says the Fed’s easy-money policy is still necessary, because the jobs market remains weak and inflation remains too low for comfort. Speaking in Cambridge, Massachusetts, at a conference, Mr Bernanke...

 
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