Rupee strengthens on RBI's suspected intervention The Times Of India TweetMUMBAI: The Reserve Bank of India sold dollars via state-run banks in early trade Tuesday, sharply strengthening the rupee as it approached life-time lows, four traders said. The rupee breached the psychological 54 mark today. | "It seems like a massive intervention," a chief dealer with a stat...
Stocks edge higher despite weak leads Canberra Times | Australian shares opened higher and the Australian dollar bounced back from near-parity with the greenback as investors digest renewed concerns about political turmoil in Greece and more signs of slowing growth in China. | In recent trading, the benchmark ASX200 share index was up 16.5 points, or ...
Markets Live: Investors snap up miners Canberra Times | Miners and banks gain in early trading, as investors snap up bargains after last week's steep losses. The Australian dollar is also edging higher. | 10.53am:Some superannuation numbers to set against today's rebound in the overall market: | In the ...
Facebook success good for Australian tech boom Sydney Morning Herald | OPINION | The Facebook IPO was obviously good for the investors, the investment banks and the "over 1000 employees who became millionaires overnight". But there are also indirect beneficiaries, including the Australian tech sector. | The float will...
Australian business news digest - May 21 Sydney Morning Herald | THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) | Stephen Johns, chairman of international service provider Leighton Holdings, said yesterday that it should never have established a joint venture operation with the Al Habtoor Group in Asia. "With hin...
Australian business news digest - May 21 Canberra Times | THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) | Stephen Johns, chairman of international service provider Leighton Holdings, said yesterday that it should never have established a joint venture operation with the Al Habtoor Group in Asia. "With hin...
GFDL / Terence Ong
Qantas Puts Airbus Superjumbo Deliveries on Hold The New York Times | SYDNEY (AP) — Australian flagship carrier Qantas Airways Ltd. says it delaying delivery of two Airbus A380 planes to curb costs. | The airline said Friday it would not take...
World stocks rise as US manufacturing improves STL Today | World stock markets rose Wednesday, emboldened by a burst of manufacturing growth in the U.S. and data suggesting China was likely to avoid an abrupt economic slowdown. | U.S. ma...
Asia stocks rise as US manufacturing improves Kansas City Star | BANGKOK -- Asian stock markets rose Wednesday after a burst of manufacturing growth in the U.S. pushed the Dow Jones industrial average to its highest close in more than four yea...
High-flyers sign up for chilly night on outer Sydney Morning Herald | COMMONWEALTH Bank chief executive Ian Narev has become the highest-profile signing for the event where company bosses are handed a beanie, piece of cardboard, cup of soup and some cold concrete bedding for the night. | Narev on Friday pushed the nu...
NASSCOM wants early FTA between India and Australia The Times Of India Tweet MELBOURNE: India's leading Tech trade body NASSCOM has sought signing of the Free Trade agreement ( FTA) with Australia on a priority basis to help strengthen trade relations between the two countries. | NASSCOM Vice President (Global trade and...
Tough times dragging on Canberra Times | Up in the air ... construction conditions are ''competitive'' but the resources sector will ease some pain. Photo: Paul Rovere | THE move to appoint administrators to St Hilliers's construction business is further evidence of the parlous state of t...
Stocks poised for sluggish start Canberra Times | The Australian sharemarket looks set for a weak opening following a late retreat on US markets overnight and continued political uncertainty in Europe. | The SPI200 share futures index was off 3 points at 4,156. A flat start, though, would be welcomed by many investors after worries about the global economy wiped off about $30 billion in local ma...
