[AAP] – Coffey International Ltd says it will hire two new executives to replace outgoing group executive operations Debbie Goodin, whose role will be split the role between regional operations and specialist …
September 2, 2010
Big corps turn overseas for funds
[AAP] – Big Australian corporates are increasingly turning to global banks and bond markets to fund their offshore expansion because local banks lack scale, according to a peak financial services body.The funding …
Local shares climb on Wall St surge
[ABC] – Local shares have backed up a 2 per cent jump yesterday with a 0.8 per cent rise, after Wall St surged last night.The Dow Jones Industrial Average gained 2.5 per cent overnight to close at 10,269.Australia s …
Calzada confident of Avexa board change
[AAP] – The major shareholder of Avexa Ltd is confident of removing the drug developer s board.Calzada Ltd, which holds a stake of about 16.5 per cent in Avexa, is concerned about the direction of Avexa and …
Rio Tinto opens Brockman 4
[AAP] – Rio Tinto Ltd has officially opened its $US1.5 billion ($A1.65 billion) Brockman 4 iron ore mine in Western Australia s Pilbara region.Brockman 4 will have an initial output of 22 million tonnes per …
Dollar holds most of its overnight gains
THE dollar was stronger at noon holding on to most of its overnight gains after manufacturing data led to a more positive outlook on the US economy.
Shares up at noon thanks to banks, miners
THE share market was higher at noon, lifted by strong gains among minerals and financial companies.
Smaller trade surplus as exports fall
EXPORTS fell 4 per cent in July after their strong performance over the previous three months, causing a sharp narrowing in the trade surplus, data released today shows.
Shares open higher on stronger mood
THE share market opened more than 1.2 per cent higher today on more buoyant investor sentiment.
Dollar soars to US91c on strong data
THE dollar opened US1c stronger thanks to a good run economic data from US, China and Australia.