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  • September 24, 2014
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  1. Business - Economy - ECONOMY

    Weaker mainland China industrial output fuels regional pessimism

    Posted Sep 16th 2014, 03:23am by Victoria Ruan

    ... sinking to their lowest level since August, although the Shanghai stock market closed 0.3 per cent higher. Brent crude oil fell yesterday to the lowest since 2012. The Australian dollar dropped ...

  2. News - World - AUSTRALIA

    Giant white-headed crocodile shot after killing Australian fisherman

    Posted Aug 19th 2014, 10:12pm by AFP

    ... it is Michael Jackson it'd be a very sad event," Adelaide River Queen Cruises owner Tony Blums told the Australian Broadcasting Corporation of the well-known animal. "He's a unique ...

  3. Comment - Insight & Opinion

    Cost of keeping the dollar peg goes beyond defence

    Posted Aug 10th 2014, 04:50am by Philip Bowring

    ... its value vis-à-vis the US dollar or the Chinese yuan becomes an issue in the marketplace- and it surely will. Chan recently claimed that all of the government's net assets in the Exchange Fund were needed to defend the dollar peg. That is a ridiculous statement on several counts. Firstly, it ignores the basic principle by which a peg of this sort is supposed to operate ...

  4. Sport - Tennis

    The rise of China's women

    Posted Sep 19th 2014, 07:20pm

    ... doubles at the Australian Open. May: Zheng wins the first all-Chinese final at a WTA event when Li withdraws injured from the Estoril final. June: Li becomes the first Chinese player to reach ... Zvonareva in the bronze medal match.  2010 January: Zheng and Li reach the last four at the Australian Open, the first time China has had two players in the last four at a grand slam. They lose ...

  5. Property - International - AUSTRALIA

    Chinese overtake US buyers as biggest investors in Australian property

    Posted Mar 05th 2014, 05:16am by Bloomberg

    ... continue to see a lift in Chinese investment into this country as the Australian dollar continues to fall and as residential property continues to strengthen." At least 10 Chinese cities, many ... Bloomberg Chinese the biggest real estate buyers in Australia Chinese buyers have overtaken Americans to become the biggest investors in Australian property, drawn by the nation's ...

  6. Business - Companies - MONEY MATTERS

    SFC action hands ex-Citic Pacific directors a get-out-of-jail-free card

    Posted Sep 13th 2014, 04:47am by Shirley Yam

    ... 2008, Citic became aware of the exposure arising from its bet on the Australian dollar. On September 12, 2008, its circular on the acquisition of a car dealership said: "The directors ...

  7. News - World - DIPLOMACY

    Vladimir Putin to attend Group of 20 summit in Brisbane despite opposition

    Posted Sep 22nd 2014, 10:49pm by Reuters

    ... Russian President Vladimir Putin plans to attend a Group of 20 summit in the Australian city of Brisbane, Interfax news agency said yesterday, despite calls for the hosts to prevent him ... Dmitry Peskov as saying. Australian Treasurer Joe Hockey said on Saturday that the G20 members expected Russia to attend the leaders' summit that Australia is hosting in November despite ...

  8. Business - Economy - ECONOMY

    Reserve Bank of Australia raises Australian GDP and inflation forecasts

    Posted Feb 07th 2014, 03:23pm by AFP

    ... of 2.5 per cent growth in the year to June and 2 per cent to 3 per cent this calendar year. The Australian dollar has declined by about 5 per cent against the US dollar in the past three months, ... Agence France-Presse in Sydney RBA raises Australian GDP and inflation forecasts The Reserve Bank of Australia raised its economic growth and inflation forecasts yesterday, reflecting ...

  9. Business - Banking & Finance

    RBA chief upbeat on Australian economy

    Posted Dec 19th 2013, 01:38am by Reuters

    ... Reuters in Sydney RBA chief upbeat on Australian economy Australia's central bank chief hinted yesterday that there was no pressing need to cut interest rates further in the near term, saying low borrowing costs were working to support the economy. Reserve Bank of Australia (RBA) governor Glenn Stevens also said that the recent decline in the local dollar was welcomed ...

  10. Business - Money - INVESTMENT

    Expat investors launch suits against advisers, trustees and insurance firms

    Posted Aug 28th 2014, 11:51am by Benjamin Robertson

    ... are still investigating what happened to the LM Managed Performance fund, now valued at five Australian cents on the dollar. LM founder Peter Drake denied the fund was a sham in a recent Post ... Benjamin Robertson benjamin.robertson@scmp.com Financial advisers, trustees and insurance firms being taken to court in bid to recover losses in Australian investment product Expat ...




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