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We got used to being the shiny penny:women

Posted on 20 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Do women who have ascended the corporate ladder help other women, given the scarcity at the top? Yes and no. Some believe in helping other women gain the skills and experience to advance. But others worry ...

Central bank watch on Wall St this week

Posted on 19 May 2013 by NZ Herald

Wall Street seems destined to push to fresh highs again this week as investors continue to bet on both an improving economic outlook and a solid commitment from the US Federal Reserve to counter any weakness.On Friday, the Dow Jones...

Westpac drops fixed rate

Posted on 19 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Westpac has dropped its one year fixed home loan rate for new customers to 4.79 per cent. Customers applying for new loans at Westpac will be able to fix mortgages over $150,000 for one year through the ...

EU, China have ‘much to lose’ in case of trade war

Posted on 19 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

The latest tit-for-tat EU-China trade disputes could signal worse to come but both sides have a lot to lose if things get out of hand and harm the much-needed economic growth they seek, analysts said. ...

German energy shift faces headwinds

Posted on 19 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Tense engineers have their eyes peeled on complex colour-coded diagrams on a wall-sized screen that makes their control room look like the inside of a spaceship. They work with a power system that would ...

Greece enters sixth year of recession

Posted on 18 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Data released last week showed Greece entered its sixth straight year of recession, but there is now cautious optimism about the economy's prospects although unemployment is still hitting record highs ...

PRECIOUS-Gold hits 1-month low as Fed pressured to end stimulus

Posted on 17 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

* US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock ...

Abbott forecasts ‘fair bit’ of saving

Posted on 16 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Opposition Leader Tony Abbott has shied away from putting a timeframe on his proposed budget measures, including spending cuts which aim to save up to $5 billion. In his budget-in-reply on Thursday, Mr ...

Wall St brakes on lacklustre US data

Posted on 16 May 2013 by NZ Herald

The latest reports on the US economy pointed to weakness, or at the least slower forward momentum, leading investors to press the brakes on Wall Street's record run.The Philadelphia Federal Reserve Bank said its gauge of factory...

Govt sets sights on Meridian

Posted on 16 May 2013 by NZ Herald

Meridian Energy, New Zealand's biggest and most profitable power company, will be partially privatised later this year, Finance Minister Bill English confirmed in yesterday's Budget.The sale of 49 per cent of the hydro giant's shares...

Innovative thinker gets the nod

Posted on 16 May 2013 by NZ Herald

Simon Challies is an innovative thinker whose time at the helm of Ryman Healthcare has been critical to the firm's success, says David Kerr, chairman of the retirement village operator.Presented for the first time this year, the...

Aust needs more high-end tourists: Packer

Posted on 16 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Billionaire casino tycoon James Packer says Australia needs to do more to attract high-end tourists especially from China. Mr Packer announced on Thursday the winning design for his Crown Resorts' proposed ...

PRECIOUS-Gold falls for sixth session, may re-test April lows

Posted on 16 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

* Chinese bargain-hunting fails to lend support * Soros Fund Management cuts SPDR Gold Trust holdings * Coming up: U.S. weekly jobless claims at 1230 GMT (Updates throughout, changes dateline from SINGAPORE) ...

Brent slips towards $103 on weak data; U.S. stock draw aids

Posted on 16 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

* U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Dow, S&P 500 end at record highs again; Asian shares track * Coming Up: U.S. weekly ...

ICAC to reopen Obeid farm probe

Posted on 16 May 2013 by Australian Business & World Finance News - Yahoo!7 Finance

Three new witnesses have come forward about issues surrounding a licence over land owned by former Labor powerbroker Eddie Obeid as a corruption inquiry into mining licences in NSW comes to an end. The ...




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