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| | | The Australian dollar opened stronger today, buoyed by a weaker United States currency which fell ahead of Friday night's jobs data. At 0700 AEST the local unit was trading at $US0.7324/29, compared with 0.7314/20 at yesterday's close. Overnight, it ... |
| | | | ... takes the froth off what was an incredible surge in house prices over the last six to seven years." Mr Koukoulas also said Friday's monetary policy statement by the RBA was always important, as the central bank rarely talked to the market. He said the ... |
| | | | In Sydney today, the Australian benchmark index is expected to open weaker in line with offshore markets on Friday night. All three US stockmarkets were weaker, with Japan, Hong Kong, Germany, France and the UK also surrendering ground on Friday. On ... |
| | | | ... dollar touched a new low for 2004 at $US0.7216. The previous low for the year had been $US0.7235, which it touched last Friday, while the high for the year was $US0.8007 in February. Macquarie Bank currency strategist Jo Masters said comments from Chinese ... |
| | | | In New York on Friday night, the Dow Jones industrial average gained 11.64 points, or 0.11 per cent, to 10,472.84. The S&P 500 Index edged up 0.67 point, or 0.06 per cent, to 1,140.60. The technology-laced Nasdaq Composite Index gained 16.86 points ... |
| | | | Australian stocks should gain ground after blue chips on Wall St posted modest gains on Friday night, while base metal prices ended higher on the London Metal Exchange. Last Friday, a profit warning from National Australia Bank weighed down the Australian ... |
| | | | ... release of weaker-than-expected US economic data. At 0700 AEST the local currency was trading at $US0.7446/55, compared with Friday's close of 0.7423/286. In offshore trading over the weekend it reached a low of $US0.7358 and a high of 0.7464. A strategist ... |
| | | | Global insurer QBE Insurance Group could be on the verge of a significant acquisition, saying on Friday its earnings were tracking ahead of expectation in 2004. QBE upgraded its insurance profit target to the high end of between 10% and 11% after a ... |
| | | | ... Pattinson, will take a 50% stake in the new Rundle Capital Partners, the corporate advisory and capital raising firm said on Friday. The other 50% shareholding in Rundle Capital would be held by the Adelaide-based directors and management, Rundle chairman ... |
| | | | ... Richard McKinnon to leave in the middle of the year. The bank\'s board also ended a two-day crisis meeting in Sydney on Friday, resolving to form a committee to manage an extraordinary shareholders\' meeting and consider resolutions submitted by dissident ... |
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