Babcock Shares Jump on Speculation of Survival Plan
Bloomberg - 23 minutes ago
By Malcolm Scott Jan. 6 (Bloomberg) -- Babcock & Brown Ltd., the Australian asset manager whose stock tumbled 99 percent last year, jumped in Sydney trading on speculation it won approval from bankers for a plan to sell assets as the company struggles ...
Babcock: given banks plan to repay short-term debt Reuters
Australia shares at 2-month high; Babcock jumps Ninemsn
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Stock market calmed in December
The Age - 37 minutes ago
The Australian Securities Exchange (ASX) said in its monthly activities report for December 2008, released today, that equity and debt markets around the world were less volatile in December 2008, compared with October and November.
ASX reports strong December trading LIVENEWS.com.au
Monthly Activity Report for December 2008 Sydney Morning Herald
Exchange News Direct
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Leighton Writedowns Slash Profit 60%; Forecast Cut
Bloomberg - 39 minutes ago
By Jason Scott and Shani Raja Jan. 6 (Bloomberg) -- Leighton Holdings Ltd.’s first-half profit plunged 60 percent after Australia’s largest engineering and construction company was forced to write down the value of its listed investments due to the ...
Australia shares at 2-month high; Leighton falls Ninemsn
Leighton's $170m write-downs sends shares tumbling The Australian
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Sydney Morning Herald
Pulp mill protest in Launceston
ABC Online - 1 hour ago
About 100 anti-pulp mill campaigners have gathered outside the Launceston office of the federal member for Bass, Jodi Campbell. Tasmanians Against the Pulp Mill are voicing their concerns about Federal Environment Minister Peter Garrett's part approval ...
Gillard, Garrett split over Tasmania pulp mill start The Australian
Government cash urged for pulp mill Melbourne Herald Sun
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Australian sharemarket closes at seven-week high
NEWS.com.au - 1 hour ago
LOCAL shares surged to their highest close in more than seven weeks today on the back of energy producers and banks. Despite a lacklustre lead from Wall Street, the benchmark S&P/ASX 200 rose 55.7 points, or 1.5 per cent, to 3742.7 after touching an ...
Stocks post first gain in new year The Age
Local shares rise to five-week high The Australian
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AFP
Investor confidence hits new lows
The Age - 1 hour ago
Investors, battered by the financial crisis and the global recession it has sparked, are holding out little hope for the new year.
Australian business confidence hits record lows: survey AFP
Business confidence at record lows NEWS.com.au
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Calcutta Telegraph
Northern Iron scores offtake agreement with Tata Steel - shares ...
Proactive Investors Australia - 2 hours ago
Northern Iron (ASX:NFE) has struck an offtake agreement with Corus, a subsidiary of Tata Steel Group to sell six million tonnes of iron concentrate from the company's Sydvaranger Iron Project in Norway, with an option to sell an additional 2.25 million ...
Tata Steel, Australia's Northern Iron sign iron ore deal Economic Times
Corus signs agreement to bridge ore gap Calcutta Telegraph
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Bankers Association confident on guarantee scheme
ABC Online - 33 minutes ago
The Australian Bankers Association (ABA) has rejected a claim that the Federal Government's bank guarantee scheme could encourage reckless lending practices.
OECD report blasts bank deposit guarantee The Australian
Rudd govt should heed OECD on deposit guarantees - Bishop Adelaide Independent Weekly
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CEP News
Services activity slows for ninth month
Ninemsn - 50 minutes ago
Big rate cuts and the federal government's pre-Christmas splurge could not lift Australia's services sector from ongoing difficulties in December, a survey says.
Services activity slumps for ninth straight month The Australian
Australian Services Sector Shrinks for Ninth Month in December Bloomberg
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The Age
Pulp protest in Launceston
ABC Online - 1 hour ago
About 100 anti pulp mill campaigners have gathered outside the Launceston office of the federal member for Bass, Jodi Campbell. Tasmanians Against the Pulp MIll are voicing their concerns about the Federal Environment Minister's part approval of the ...
Gillard, Garrett split over Tasmania pulp mill start The Australian
Government cash urged for pulp mill Melbourne Herald Sun
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stv.tv
Rio Tinto resumes operations at Western Australian Pilbara mine
NEWS.com.au - 1 hour ago
RIO Tinto has resumed all of its iron ore operations in Western Australia's Pilbara region after suspending some activities for almost a fortnight.
Rio Tinto resumes iron ore mining in WA The Australian
Hismelt experimental pig-iron plant suspended Australian Metal Worker
Reuters UK
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The Age
Inside Jobs: 'I've said more than I wanted'
Sydney Morning Herald - 1 hour ago
Photo: AP The most famous pancreas in America is the one belonging to Apple CEO Steve Jobs. Even though the "p" word wasn't mentioned in a statement he released overnight, Jobs's memo about his weight loss condition has set off a chain reaction of ...
Steve Jobs comes clean-ish The Australian
Mac fans wish Steve Jobs well BBC News
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ConsMin wants OM re-domiciled
Sydney Morning Herald - 2 hours ago
OM Holdings Ltd's largest shareholder, Consolidated Minerals Ltd (ConsMin), has declined to douse speculation that it is planning a takeover for the fellow manganese miner.
ConsMin opposes OMH constitution changes The Australian
Bogolyubov slams OM’s board over takeover protection plans The West Australian
WA Business News (subscription)
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Voice of America
Prosecutors Want Madoff’s Bail Revoked
New York Times - 1 hour ago
By ALEX BERENSON, EDMUND L. ANDREWS and DAVID STOUT The disgraced financier Bernard L. Madoff tried to hide at least $1 million in watches and jewelry from government investigators and should have his bail revoked and sent to jail immediately, ...
Madoff’s Sons Told Prosecutors of Jewelry Transfer, Lawyer Says Bloomberg
Madoff sightings cause heads to turn Reuters
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Australian dollar lower at noon, despite a boost in early trade
The Australian - 1 hour ago
Article from: Australian AP Stronger oil prices helped lift the local currency to $US0.7206 - its highest level since it reached $US0.7238 on October 15 - but its stay at such elevated levels was only brief.
Australia, NZ Dollars Rise as Commodities, Stocks Advance Bloomberg
Dollar hits three-month high The Age
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Stocks head for first gain in 2009
The Age - 3 hours ago
At midday Australian shares shrugged off the weak lead from Wall Street putting the market on course to post its first gain for the year.
BHP, Rio lead Australian sharemarket higher; $A strong The Australian
Big miners get welcome boost Melbourne Herald Sun
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Motor Report
Car sales slide in 2008
The Age - 1 hour ago
New vehicle sales in December dropped 11.3% to 76510 from 86250 a year earlier as consumer demand succumbed to the slowing economy.
Car buyers defy tough times Melbourne Herald Sun
Domestic car sales topped 1m in 2008 ABC Online
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BBC News
Steve Jobs comes clean-ish
The Australian - 1 hour ago
FINALLY, finally, Steve Jobs and Apple decided to release some details about his health. Yes, Steve is ill. After months of speculation that he was dying of cancer or some other terrible illness, he has said that he has a hormone imbalance that can be ...
Mac fans wish Steve Jobs well BBC News
Why Jobs' health woes go to the core of Apple Financial Times
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Australia shares at 2-month high; Babcock jumps
Ninemsn - 1 hour ago
SYDNEY, Jan 6 (Reuters) - Australian shares rose 1.8 percent on Tuesday to a near two-month high as high dividend yielding stocks such as banks and Telstra Corp Ltd lured investors.
Babcock Shares Jump on Speculation of Survival Plan Bloomberg
Babcock & Brown share price up on sale rumours Proactive Investors Australia
123Jump.com
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Australian share market higher in midday trade
NEWS.com.au - 1 hour ago
THE sharemarket made broad-based rises in morning trading, with gold stocks among the few to lose ground. At 12.00pm (AEDT), the benchmark S&P/ASX200 index was up 65.2 points, or 1.77 per cent, at 3752.2.
Banks, energy lead Australian sharemarket higher The Australian
Australia shares seen up on recovery optimism Ninemsn
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