Australia to focus on high skills, cancels 20K visas IBN Live Canberra: Australia will dump 20,000 low-skilled migrant applications to re-focus its immigration intake on high-skilled jobs critical to the economy and help meet growing Chinese resource demand, the government said on Monday. | The move was welcomed by Australia's mining sector, where major firms ...
Euro dips as eurozone fiscal woes fester The Guardian * Euro hovers near 8-½ mth lows vs USD, 1-yr low vs yen * Investors sceptical of G7 assurance on Greece * Yen broadly higher, near 7-mth peak vs Aussie dollar By Masayuki Kitano TOKYO, Feb 8 (Reuters) - The euro and growth-linked currencies were on slippery ground on Monday as risk appetite was sub...
Comments by Guma spark fears of rate hike Business Report | Talk of end to stimulus plan | By Ethel Hazelhurst | Submit your comment | Comments from Reserve Bank deputy governor Xolile Guma, implying that South Africa's rate cutting cycle may soon be reversed, took economists by surprise. | According...
US will 'never lose its AAA debt rating' Business Report | Investors still confident of economic recovery - Geithner | By Rebecca Christie Washington | Submit your comment | The US is not in danger of losing its AAA debt rating even though the government has predicted a $1.6 trillion (R12.4 trillion...
Euro edges up, investors look to EU summit The Guardian * Traders await EU economic summit on Thursday * Investors still appear cautious about risk-taking By Kaori Kaneko TOKYO, Feb 9 (Reuters) - The euro inched up against the dollar on Tuesday but remained within sight of an 8-½ month low hit last week,...
CORRECTED-(OFFICIAL)-UPDATE 1-ECB's Trichet to leave Australia e The Guardian (Corrects nature of meeting after an RBA official clarifies) * Trichet to return to Europe to attend EU council meeting * European Council meeting on Feb 11 on economy SYDNEY, Feb 9 (Reuters) - European Central Bank President Jean-Claude Trichet is l...
Australia CSR rejects $1.4 bln Chinese sugar offer The Guardian * CSR rejects Chinese offer; to proceed with sugar demerger * Bright may need to sweeten offer by as much as 20 pct * Others could be interested once demerger completed * CSR share...
MAS modernising fleet The Star | hungyee@thestar.com.my | MALAYSIA Airlines (MAS) is embarking on a fleet modernisation and capacity expansion plan to stay ahead of its competitors. | Towards this end, its senio...
Macquarie on track to meet profit forecasts The Guardian * H2 profit may rise 10 pct over H1, in line with forecast * US$4 bln in surplus capital * Strong market conditions have moderated (Adds background, details, quote) SYDNEY, Feb 9 (Reuters) - Macquarie Group , Australia's top investment bank, signalle...
Macquarie sees H2 in line with H1, strong cash The Guardian SYDNEY, Feb 9 (Reuters) - Macquarie Group , Australia's top investment bank, on Tuesday forecast second-half profit roughly in line with the first half and reported a strong balance sheet with around US$4 billion in excess capital. Macquarie, dubbed ...
Australia to focus on high skills, cancels 20K visas IBN Live Canberra: Australia will dump 20,000 low-skilled migrant applications to re-focus its immigration intake on high-skilled jobs critical to the economy and help meet growing Chinese resource demand, the government said on Monday. | The move was welcomed by Australia's mining sector, where major firms like BHP Billiton and Rio Tinto have been expandin...
