AUSTRALIA

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U.S. stock index futures signal early dip

U.S. stock index futures pointed to a lower opening on Wall Street on Monday, with futures for the S&P 500 down 0.08 percent, Dow Jones futures down 0.13 percent and Nasdaq 100 futures down 0.27 percent at 4.17 a.m. EST.

Australia regulator announces strict liquidity rules

The Australian Prudential Regulation Authority (APRA)
Australia's financial regulator has ruled certain assets, including quasi-sovereign bonds, cannot be considered a reliable source of liquidity for banks and financial institutions, taking a harder line than many global peers and dealing a setback to local banks.
New Zealand Earthquake

New Zealand quake city starts to bury dead, toll 148

New Zealand's earthquake-shattered city of Christchurch prepared to bury the first victim on Monday of last week's devastating tremor that killed at least 148 people as aftershocks forced the evacuation of scores of people in hillside suburbs.
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Lloyds swings back to profit despite Irish hit

Part-nationalized British bank Lloyds swung back into profit last year after a recovery in its core UK retail banking operations absorbed a 4 billion-pound ($6.5 billion) hit on bad debts in Ireland.
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Food prices could reach 2008 level: USDA

U.S. consumers could see food costs spiking to levels seen during the food crisis of 2008 as higher commodity and energy prices force companies to raise prices on products lining grocery store shelves, the Agriculture Department said on Thursday.
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Newmont profit up but sees gold, copper output off

Newmont Mining Corp's (NEM.N) fourth-quarter profit rose sharply, beating Wall Street estimates, and the company increased its gold reserves by 2 percent. The world's No. 2 gold producer said on Thursday that net earnings were $812 million, or $1.61 per share, compared with $558 million, or $1.13 per share, in the same quarter of 2009.
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Gold steadies, inflation fears offer support

Gold steadied near seven-week highs on Thursday, as investor fears over inflation stemming from the spike in crude oil were partially offset by pockets of profit-taking after the market's 6 percent rise this month.
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Gillard govt to set carbon price from mid-2012

Australia's government launched a third attempt on Thursday to make carbon polluters pay for their emissions, unveiling plans for a fixed-price scheme from 2012 and vowing not to surrender this time in the face of fierce opposition.
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Global mining M&A set to accelerate in 2011: report

Merger and acquisitions activity in the global mining sector is expected to accelerate in 2011, fueled by strong commodity prices and repaired balance sheets, advisory and accountancy firm Ernst & Young said on Wednesday.
A pedestrian walks past the NASDAQ building in New York City

Nasdaq mulls NYSE bid in exchange deal dash

Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
A engineer works at a road construction project near Isiolo town, 320 km (200 miles) north from the capital Nairobi

M&R falls to H1 loss, to sell assets

South African building firm Murray & Roberts fell to a half-year loss on Wednesday and said it will sell some assets in the Middle East and Australia, as it fights to ride out an industry-wide slump.

Facebook travel photos inspire holiday bookings

Flight comparison site Skyscanner has revealed how Facebook influences people's travel plans, with 52 percent of respondents in a poll stating that seeing friends’ photos on Facebook makes them want to book a holiday.
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New Zealand quake kills at least 65

New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country's second-biggest city of Christchurch, killing at least 65 people.
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NZ quake hits shares of Australia banks, insurers

Shares in Australian banks and insurers fell between 1.4 and over 2.7 percent after a strong quake hit New Zealand's second-biggest city of Christchurch on Tuesday for the second time in five months.

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