News archive from 19 June 2013

Dollar weakens on US Fed pare back

Dollar weakens on US Fed pare back

THE Australian dollar is weaker as speculation of a scaling down in US stimulus measures boosts the greenback. At 7am AEST today, the local unit was trading at 94.86 US cents, down from 94.92 cents yesterday. With the US Federal Reserve starting its...

 
Holden moves to slash labour costs

Holden moves to slash labour costs

HOLDEN wants to cut the cost of building its cars in Australia and is looking to it slash labour costs to make the savings. Chairman and managing director Mike Devereux says it costs $3750 more to build a car in Australia compared to other countries....

 
Your say: expats returning home in droves

Your say: expats returning home in droves

It used to be said that the "brain drain" was robbing Australia of successive generations of its best and brightest.Australia boasts one of the world's most highly educated, skilled and motivated expatriate communities, as a result of...

ABC News, 09:40 in Business
 
Chrysler to recall of 2.7m US Jeeps

Chrysler to recall of 2.7m US Jeeps

CHRYSLER has announced it will bow to the US safety regulator's pressure to recall 2.7 million Jeep Libertys and Jeep Grand Cherokees over a fire risk that caused dozens of deaths. Two weeks after rejecting the US National Highway Traffic Safety...

 

Markets Live: Stocks set to rise

9:40am: Australian shares are expected to rise in early trade after US equities pushed higher as investors grew more confident that the Federal Reserve will temper its statements on the future reduction of US monetary support. On the ASX24, the SPI...

TheAge, 09:48 in Business
 
Chrysler to recall 2.7m US Jeeps

Chrysler to recall 2.7m US Jeeps

CHRYSLER has announced it will bow to the US safety regulator's pressure to recall 2.7 million Jeep Libertys and Jeep Grand Cherokees over a fire risk that caused dozens of deaths. Two weeks after rejecting the US National Highway Traffic Safety...

 
Markets Live: Stocks rise at open

Markets Live: Stocks rise at open

10:13am: Unsurprisingly, Whitehaven is one of the biggest risers this morning, up 9 per cent at $2.20 after Nathan Tinkler halved his stake in the company, selling 101 million shares to US investment firm Farallon Funds at $2.96 a share. Wilson HTM...

 

Markets Live: Stocks rise at open

10:13am: Unsurprisingly, Whitehaven is one of the biggest risers this morning, up 9 per cent at $2.20 after Nathan Tinkler halved his stake in the company, selling 101 million shares to US investment firm Farallon Funds at $2.96 a share. Wilson HTM...

 

Markets Live: Stocks rise at open

10:13am: Unsurprisingly, Whitehaven is one of the biggest risers this morning, up 9 per cent at $2.20 after Nathan Tinkler halved his stake in the company, selling 101 million shares to US investment firm Farallon Funds at $2.96 a share. Wilson HTM...

TheAge, 10:26 in Business
 
Power station operator condemns strike threat

Power station operator condemns strike threat

The operator of the Yallourn power station, Energy Australia, has labelled planned industrial action as reckless and disappointing.Energy Australia and the Construction, Forestry, Mining and Energy Union (CFMEU) have been battling over a wage...

ABC News, 10:52 in Business
 
ASX to end the year 12% higher: poll

ASX to end the year 12% higher: poll

Australia's leading share index will end the year up almost 12 per cent, shaking off concerns about major central banks rolling back stimulus and supported by lower interest rates and a weaker local currency, a Reuters poll found. The S&P/ASX 200...

 

ASX to end the year 12% higher: poll

Australia's leading share index will end the year up almost 12 per cent, shaking off concerns about major central banks rolling back stimulus and supported by lower interest rates and a weaker local currency, a Reuters poll found. The S&P/ASX 200...

TheAge, 10:57 in Business
 

ASX to end the year 12% higher: poll

Predictions vary on where the ASX200 will finish the year, but a consensus is strongly higher. Australia's leading share index will end the year up almost 12 per cent, shaking off concerns about major central banks rolling back stimulus and supported...

 
Markets Live: Waiting for Bernanke

Markets Live: Waiting for Bernanke

11:03am: As investors await Ben Bernanke's appearance tomorrow morning AEST, there's lots of speculation about how markets will react. But it's exactly that - speculation. ""The Fed will likely tread a careful path between further preparing...

 

Tinkler on stake sale

While we are happy with the price we have received, being a 40 per cent premium to the current market price and a recent high for the company, we feel strongly that this still significantly undervalues the company's underlying asset base. Many will be...

 
Australia news at twitter


News Widget for Webmasters



«
»
Mo Tu We Th Fr Sa Su
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30