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Australia Investing News is an EIN News Service for global investing professionals. Constantly updated news and information about Australia Investing.
Latest Australia Investing News
- BHP takes $675m writedown on Yabulu sale 3 Jul 2009 23:10 GMT
... its Yabulu nickel refinery in Queensland to Australia’s fifth-richest man for an undisclosed sum that ... BHP,” UBS said in a note to investors. last month with China to spend $5.15bn ...
- Outback communities get $7m Internet access boost 3 Jul 2009 22:51 GMT
... The Rudd government has announced it will spend $7 ... announcement was made at the Council of Australian Governments (COAG) event in Darwin, to enable ... initiative capitalises on the past and ongoing investment that the NT government has made in ...
- Price cut won't help Rolet's LSE 3 Jul 2009 22:51 GMT
... Rolet is reviewing the cost base and rumours of ... weeks of July and August. Remember, the Australian cricketers are in town and the kids ... climbed 31/2p to 34p. , the turnaround investment company whose chairman is former Dixons boss ...
- Quite World Markets; BaWang IPO in HK 3 Jul 2009 22:50 GMT
... earnings season in less than a week investors are hoping that earnings recovery will lift ... 1.36% to 3,327.14. ASX 200 index in Australia decreased 49.10 or 1.27% to 3,828.20.The KL ...
- Japanese Yen: Resumption of the Bull Market ? 3 Jul 2009 22:31 GMT
... ranging from the British Pound to the Australian and New Zealand Dollar and many emerging ... market currencies. The so-called carry trade yielded investors the interest rate difference between what they ... Yen, and what they earned for the investment in high-yield currencies, ie between 3 and ...
- The Keynesian System, the Economics of Illusion 3 Jul 2009 22:30 GMT
... propensity to consume, upon the amount of investment — the spending of purchasing power for ... even dissipated if the state proceeds to invest in place of private entrepreneurs who are ... on its books. The businessman, especially the investor, is well aware of these matters, as ...
- Samsung Distributor Sold 3 Jul 2009 21:52 GMT
... By David Richards | Friday | 03/07/2009 Technology distributor, ... when he was lured from Singapore to Australia to sell Western Digital drives. 4 years ... on behalf of Wintech by Western Australia-based investment holding company, Dayspan Holdings. The distribution business ...
- Asia's Music Industry Seeks New Ways To Profit 3 Jul 2009 21:51 GMT
... Asia’s Music Industry Seeks New Ways To Profit Posted ... nations, as well as in Singapore and Australia. But the “all-you-can-eat” approach is not just ... that through advertising. "We believe that by investing heavily in product innovation, the users will ...
- Oil recovers in Asia but US concerns remain 3 Jul 2009 21:30 GMT
... in Asia Friday from earlier losses but investors fretted over the US economy after the ... commodity analyst with the Commonwealth Bank of Australia. Data released Thursday showed US job losses ... report for June," said Dariusz Kowalczyk, chief investment strategist with SJS Markets trading firm. Oil ...
- Palmer confident his $5b resource float will work 3 Jul 2009 21:22 GMT
... confident his $5 billion resources float — Australia’s biggest in years — will be a ... Palmer said. “But if you have good investments it doesn’t matter. The market today is ... would be a miner or just an investor. But it is clear that iron ore ...
- Snowy Mountains scheme on tarmac 3 Jul 2009 21:22 GMT
... WHEN the 22km ribbon of concrete linking the NSW ... time, just on 50 per cent of Australia's deadliest main road will be devoted to ... infrastructure such as broadband cables. As private investment has withered in the credit crunch, government ...
- Downer's business entry ends badly 3 Jul 2009 21:22 GMT
... year joined the board of billionaire mining investor Clive Palmer's Resource Development International, which was ... billion stockmarket float in Hong Kong. Chinese Australian billionaire Shi Zhengrong and Mr Palmer's business ...
- Asia shares mostly lower amid thin trade volumes 3 Jul 2009 20:22 GMT
... Nikkei 225 ended down 0.6% at 9816.07. Australia’s S&P/ASX 200 finished down 1.3% while New ... said there was no real inclination by investors to take big positions ahead of the ...
- Rights issue wrapped by Rio 3 Jul 2009 20:21 GMT
... Rio Tinto. The company specified that its Australian shareholders had taken up 94.76 percent of ... that were not taken up by existing investors." Thursday witnessed banks selling the "rump" in ...
- Employment drought 3 Jul 2009 20:20 GMT
... In recent weeks, any piece of economic data that ... credit crunch is on output, employment, the investment machine, the innovation machine, the employment generation ... is doing better, it's true that in Australia that there's some positive indicators coming through, ...
- Focus backs out of Tindalo venture 3 Jul 2009 20:20 GMT
... Following the recent oversubscribed placement to sophisticated investors and institutions, Kairikis cash position (as of ... inboard portion of SC54. Nido Petroleum, another Australian firm, owns the remaining 60 percent and ...
- CEMEX Declares Strabag Withdrawal Notice Invalid 3 Jul 2009 19:40 GMT
... 15, 2009 announcement regarding the divestment of Australian assets to Holcim Group. CEMEX is a ... Media Relations Jorge Pérez, (52-81) 8888-4334 or Investor Relations Eduardo Rendón, (52-81) 8888-4256 or Analyst ...
- Warning call on Boort Aboriginal history site 3 Jul 2009 19:32 GMT
... Warning call on Boort Aboriginal history site Warning call ... Government has rejected a proposal to save Australia’s largest “scarred tree” site at Lake Boort ... study into the BIC did not support investment, as it would not be economically sustainable ...
- China Investment to buy $1.5B stake in mining giant Teck Resources 3 Jul 2009 19:31 GMT
... RIGHT NOW: China Investment to buy $1.5B stake in mining giant ... forge a partnership with a major foreign investor, said Teck's chief executive in a conference ... world's largest miners, Rio Tinto PLC of Australia, but the deal was scrapped after it ...
- China Chases More Oil Assets (SNP)(RTP) 3 Jul 2009 19:30 GMT
... Posted: July 3, 2009 at 5:14 am China is ... countries. Governments have recently moved to block Chinese investments, or at least threaten to. The Australian government may have had a hand in ...
- If not now, when? 3 Jul 2009 19:30 GMT
... YANGON – All politics are local, goes the old ... the shock of reduced remittance income, canceled investment projects, and falling export prices. In the ... way, climate shocks in parts of Europe, Australia, Asia, and the Americas in recent years ...
- Rio Tinto reaps rights bonanza 3 Jul 2009 19:11 GMT
... giant Rio Tinto yesterday confirmed a huge take-up for its record rights offering after investors snapped up the Australian portion, allowing it to pay off a large chunk of its heavy debt. The ...
- LIVESTRONG(R) Global Cancer Campaign Debuts in France Lance Armstrong Foundation Celebrates With Monaco Cancer Fundraiser, New 3 Jul 2009 19:11 GMT
... MONTE CARLO, MONACO -- (Marketwire) -- 07/03/09 -- The ... and we congratulate them on a strategic investment that will support survivors all over the ... proud of its successes to date in Australia, California, Mexico, Italy, and currently the Tour ...
- Rolling Stone gathers no readers at Goldman Sachs 3 Jul 2009 19:11 GMT
... The bank's uber-spinner Lucas Van Prag hit back, calling ... and in the same week the media investment company released its results, and then released ... answer to the problem: buy some. An Australian company, I won't name it here, has ...
- Investment in our youth 3 Jul 2009 19:11 GMT
... ANOTHER indication of how tight things are in certain ... the economy is the recent news the Australian Jockey Club has lopped $4 million of ... total of $9.146 million. What a stimulating investment this should be for our communities and ...
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