Global Markets
From Companies 6:14 am
There is too much milk supply available globally that Dairy Australia warned Aussie farmers to expect a 10 per cent to 15 per cent drop in milk prices in 2013.
From Politics & Policy 5:16 am
It looks the safety and development plan that is currently being modified by Chinese regulators and planners for its nuclear industry will have its stamp of approval by June.
From Companies 5:12 am
A Macquarie consortium purchased for $4.1 billion the gas grid of German energy firm E.ON. Open Grid Europe runs Germany's biggest gas transmission system and is about 12,000 kilometres long.
From Politics & Policy 4:19 am
Yesterday was another down day for the Australian share market, with widespread selling in all sectors apart from the utilities, the All Ordinaries Index (XAO) ended off 101 points to 4,214 points.
From Global Markets 3:14 am
By Greg PeelANZ believes the odds of Greece leaving the eurozone are only 30%, hence the odds of the zone remaining intact as is are 70%.
From Politics & Policy 3:38 am
Production of the precious safe haven yellow metal gold by Tanzania, Africa's fourth largest gold producer, jumped 13 per cent to 40.4 tonnes in 2011 from 35.6 tonnes in 2010, as companies increased production output prompted by the metal's rising price during the period in reviews.
From Companies 3:28 am
Shares in South Korea's Samsung Electronics extended their heavy slide on Thursday, on speculation that arch rival Apple Inc is looking to cut its reliance on Samsung memory chips and turn increasingly to Japanese chipmaker Elpida.
From Global Markets 11:31 pm
By Greg PeelThe Dow closed down 33 points or 0.3% while the S&P lost 0.4% to 1324 and the Nasdaq dropped 0.
From Companies 2:11 am
Investors who want Facebook shares when the social network goes public may have lost the opportunity. Some brokers have stopped accepting orders.
From Politics & Policy 1:53 am
Bell FX Currency Outlook: The AUD is trading just above USD0.9900 this morning after falling to a low close to USD0.9870 overnight.