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Stocks to watch on the Australian stock exchange at noon on Thursday:FNP - FREEDOM NUTRITIONAL PRODUCTS LTD - untraded at 34 centsAustralia's Freedom Foods Group says it wants to exercise an option to..
The dollar slumped on Wednesday as markets awaited a resolution to the debt-ceiling standoff in Washington, while the euro rose amid hopes for a productive eurozone summit in Brussels this week.The do..
Stocks to watch on the Australian stock exchange on Thursday:AIO - ASCIANO LTD - up 7.5 cents at $1.695Asciano has signed a new five year container contract with Danish shipping giant Maersk Line.BHP ..
US stocks fell slightly on Wednesday as investors waited for a resolution to the debt-ceiling standoff in Washington and digested a series of favourable company earnings reports.The Dow Jones Industri..
BHP Billiton's record-laden full year production report has impressed analysts, but they don't expect to upgrade profit forecasts for the mining giant on the back of the output result.BHP Billiton on ..
Apple on Tuesday reported that revenue and profit rocketed to record highs in the recent quarter as sales of iPhones and iPads more than doubled.Apple said its net profit more than doubled to $US7.31 ..
The New Zealand powered to a new post-float high against the greenback as gains in stocks helped lift global risk appetite, boosting higher-yielding currencies.Stocks in the United States rallied as p..
Coca-Cola Co says its second-quarter net income rose 18 per cent as it sold more drinks around the world, especially its namesake brand.The world's largest beverage maker earned $US2.8 billion ($A2.65..
US stocks took a beating on Monday as the debt-ceiling battle in Washington and the broadening debt crisis in Europe weighed on investor confidence.The Dow Jones Industrial Average fell 94.57 points (..
Swiss drugmaker Novartis AG saw net profits rise 12 per cent to $US2.73 billion ($A2.58 billion) in the second quarter amid strong sales of new products and healthy growth in emerging markets such as ..
Britain's competition watchdog reiterated its ruling for Spanish-owned airports operator BAA to sell two more airports including London Stansted."BAA will be required to sell Stansted Airport followed..
Bank of America reported a loss of $US9.1 billion ($A8.61 billion) during the second quarter partly due to the $US8.5 billion ($A8.04 billion) settlement with investors who claimed the bank had sold t..
A new mine in south India could contain the largest reserves of uranium in the world, a government official says, signalling a major boost for the energy-hungry nation.The Tumalapalli mine in Andhra P..
Sometimes central banks can say more by saying less.And what the Reserve Bank of Australia (RBA) left out of the minutes of its July 5 monetary policy meeting was at least as telling as what was inclu..
The central bank says time is on its side and it will wait for more economic data before moving on interest rates.With coal exports still to recover from the summer floods, employment growth easing an..
News Corporation board member Thomas Perkins says embattled CEO Rupert Murdoch has the full support of the company's board of directors, and is not considering elevating a senior executive to replace ..
Boral Ltd will buy two quarries and a concrete plant for $81.5 million on Queensland's Sunshine Coast as the brick maker aims to take advantage of the growing population in that part of the country.Th..
Apple shares hit a record high on Wall Street on Monday ahead of what is expected to be another blockbuster quarterly earnings report by the California gadget-maker.Apple shares reached $US374.65 duri..
Miner OZ Minerals says its guidance for gold production could change as its priority is for more profitable copper because of near-record prices for the commodity.OZ Minerals has maintained its produc..
Shares of News Corp continued to decline on Monday as the ongoing fallout from the British phone hacking scandal continued to weigh on the media conglomerate led by Rupert Murdoch.On Sunday, Rebekah B..
Stocks to watch on the Australian stock exchange on Tuesday:BKI - BKI INVESTMENT COMPANY LTD - up 1.5 cents at $1.21BKI Investment Company says it expects higher dividends from its investments in next..
A roundup of news in finance, economics and business from around the world:INTERNATIONAL NEWSWASHINGTON - With just two weeks to avert debt default, US senators worked on a bipartisan compromise as th..
Asian stocks edged down on Monday on fears US lawmakers will not agree a budget to avoid a default in the world's number one economy as well as the ongoing eurozone crisis.Investors chose to brush off..
Moody's Investors Service says the proposed carbon price won't weigh heavily on the ratings of Australian corporate issuers."At this point, the proposed price - which will most affect carbon-intensive..
Australians have turned their backs on buying luxuries over the past two years, but are still more willing to pay a premium to buy green products and services than US and UK consumers.The global finan..
