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Dollar climbs after poor European retail salesLONDON, July 3, 2009 (AFP) - The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the & quot;safe-haven & quot; greenback.New bubbles rising in China property market: state mediaBEIJING (AFP) - China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday.European stocks extend lossesLONDON, July 3, 2009 (AFP) - Europe's main stock markets weakened further on Friday after sliding a day earlier on news of greater-than-expected job losses in the United States.Contractors blamed for Shanghai building collapseSHANGHAI (AFP) - A Shanghai building which collapsed last week, killing a construction worker, did so because contractors had recklessly shifted the earth at its base, the city government said.New bubbles rising in China property market: mediaBEIJING (AFP) - China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, according to state media.Asia tested as music industry seeks to boost salesHONG KONG (AFP) - Rampant piracy and a crumbling market for CDs has put the music industry in Asia under immense pressure, but experts are hoping that technology and social media will help fill the gap.Deutsche Telekom may swap T-Mobile UK unit: reportFRANKFURT (AFP) - The biggest German telecommunications operator, Deutsche Telekom, is looking to swap its loss-making T-Mobile unit in Britain for an asset in another country, a press report said.US airline Delta launches Sydney to LA routeSYDNEY (AFP) - Giant US airline Delta has launched non-stop Sydney to Los Angeles flights, becoming only the fourth carrier to ply the lucrative route.Dollar gains as US jobs report rattles marketsNEW YORK (AFP) - The dollar found fresh momentum Thursday after a disappointing US unemployment report sent shockwaves through financial markets, pushing investors to safe havens.Oil prices slide on weak US jobs reportNEW YORK (AFP) - Oil prices sank under 67 dollars a barrel Thursday after weak jobs data quashed hopes of a speedy economic recovery in the United States, which is the world's top energy consumer.Boeing aircraft deliveries steady at 125 in quarterCHICAGO (AFP) - Boeing Co. said Thursday it delivered 125 civilian aircraft in the second quarter, little changed from the 126 in the same period a year ago.Oracle to cut up 1,000 jobs in Europe: unionsPARIS (AFP) - US software giant Oracle has unveiled plans to cut 850 to 1,000 jobs in Europe in light of weaker than expected growth projections, trade unions said Thursday.Two Koreas fail to agree in talks on joint projectSEOUL (AFP) - North and South Korea failed to reach agreement in talks Thursday about the fate of their last major joint business project, amid high cross-border tensions and the North's continuing nuclear standoff with the world.US auto sales appear to stabilizeCHICAGO (AFP) - Automakers welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed hope that a government-funded & quot;cash for clunkers & quot; program would drive vehicle sales in July.G8 alone can't solve world's problemsBERLIN (AFP) - The Group of Eight industrialised powers (G8) is no longer the appropriate forum to thrash out the world's problems, German Chancellor Angela Merkel said on Thursday.
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Boat-finance By Richard Jefferies Tips on Boat Finance BasicsSo you feel it's time to buy that boat you've always dreamed about? You've considered many types of boats to find that perfect one. You've checked out various Read more...
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Highest bankruptcy rates in WA New figures reveal the number of bankruptcies in Western Australia has been rising at a greater rate than in any other state. Fonterra to pay Australian farmers more Fonterra proposes paying its Australian farmers - who are contracted as suppliers, rather than as members - more this season than it is offering NZ farmers. Nigeria, Algeria, Niger in & #36;12b gas deal Three African countries have signed an accord to build a & #36;US10 billion ( & #36;A12.7 billion) trans-Saharan gas pipeline linking vast reserves in Nigeria to Europe. Oil falls below & #36;66 after bleak U.S. jobs data LONDON, July 3 (Reuters) - Oil dropped a dollar to below & #36;66 a barrel on Friday after unemployment data hardened views economic weakness would sap energy demand and that last month's rally was overdone. Dollar climbs after poor European retail sales LONDON, July 3, 2009 (AFP) - The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the & quot;safe-haven & quot; greenback. New bubbles rising in China property market: state media BEIJING (AFP) - China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday. Oil falls near & #36;66 after bleak U.S. jobs data LONDON, July 3 (Reuters) - Oil fell towards & #36;66 a barrel on Friday, adding to a drop of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone. Japan may add noise to quiet hybrid cars Japan & #39;s near-silent hybrid cars have been called dangerous by the vision-impaired and some users, an official says. Oil below & #36;67 after bleak U.S. jobs data LONDON, July 3 (Reuters) - Oil traded below & #36;67 a barrel on Friday, adding to a fall of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone. European stocks extend losses LONDON, July 3, 2009 (AFP) - Europe's main stock markets weakened further on Friday after sliding a day earlier on news of greater-than-expected job losses in the United States. Anger over shelved ad campaign The Government has revealed it actually spent more than one million dollars on a promotional campaign that has been shelved. Cape Lambert increases stake in DMC Cape Lambert Iron Ore Ltd will take a 37 per cent stake in smaller iron ore explorer DMC Mining Ltd without triggering a takeover. BHP sells Yabulu plant to billionaire BHP Billiton Ltd will book heavy writedowns on the sale of its Yabulu nickel refinery in Queensland to iron ore billionaire Clive Palmer. Flight path changes upset hills residents Air Services Australia and Perth Airport management have met to discuss complaints about an increase in flights over Perth's hills. RBA tipped to leave rates on hold again The central bank is expected to leave interest rates on hold for a third straight month in July as signs emerge that the economy is faring better than most. |
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