AUSTRALIA

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Most Asian stocks recover on China export surge

Most Asian stock markets clawed back early losses on Wednesday and the euro stabilized as news of stronger-than-expected exports from China offset worries that Europe's debt problems will stifle demand for Asian goods.

Global grain output may touch 1.60Bl in 2010-11

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Global grain output is forecasted to be at 1.60 billion metric tons in 2010-11 period due to expected increase in production in US, South America and Australia, according to Germany-based analytical firm, FO Licht.

Australian Dollar Outlook 09/6/2010

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The Australian Dollar has opened firmer this morning, trading at USD0.8260 following on from yesterday's lead, as equity markets offshore posted gains. Gains in base metal prices also helped support the AUD, with copper up 1.1%, nickel up 1.5% and aluminium +2.8%.
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Dial M for muddle as Germans suffer phone foul-up

They can call their wives and families back home but German players have no way of reaching team mates with their fancy new cell phones issued for the World Cup in South Africa, players said on Tuesday.
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Australian Dollar Outlook 07/6/2010

The Australian Dollar was sold off two US Cents towards 0.8200 overnight and has subsequently traded below 0.8200 following reports out of Europe regarding Europe's debt crisis, which may have spread to Hungary.
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U.S. demands Europe acts on economy, banks at G20

Finance chiefs raced on Saturday to agree on ways to support growth and make global banks safer with a warning from Washington ringing in their ears that Europe and Japan must do more to boost home-grown demand.
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Wall St futures higher ahead of non-farm payrolls

Stocks edged up on Friday, with investors anticipating a strong reading for a key employment report due out later in the day, which could provide an indication of the pace of recovery in the world's largest economy.
Credit:ABC(TV)

School lessons a key to fight obesity

School programs which include lessons on nutrition and food preparation for school students could be the key to curb Australia's high obesity rate, dietitians have been told.
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Butt test shows U.S. cigarettes high in chemicals

(Reuters) - Americans inhale more cancer-causing agents with their cigarettes, probably because of the tobacco blend, while smokers in Canada, Britain and Australia get less, U.S. researchers reported on Tuesday.
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Bank of Canada first in G7 to hike rates

The Bank of Canada raised its key interest rate on Tuesday, the first G7 industrialized economy to do so after the global recession, but said the European debt crisis made its next move highly unpredictable.
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Australian zoo uses Facebook to find monkeys

An Australian zoo has posted an urgent plea on its Facebook page for help in returning eight stolen endangered monkeys, so small they could fit in a handbag or the palm of your hand.
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Australian Dollar Outlook 01/6/2010

The AUD has opening relatively unchanged this morning due to the quiet offshore trading session as the US and UK markets were closed for public holidays.
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Apple says sold 2 million iPads

Apple Inc said it sold 2 million iPads since launching the touch-screen tablet in the United States nearly two months ago and taking it to nine international markets this past weekend.
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Australian Dollar Outlook 30/5/2010

The Australian Dollar has come off from its recent high on Friday night of 0.8550 as investors trimmed their positions ahead of the long weekend in the US (Memorial Day today) and the UK (May Bank today as well).
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Apple's iPad goes global

Fans mobbed Apple Inc stores in Europe and Asia as the iPad went on sale outside the United States on Friday, with some shoppers having queued all night to buy one of the coveted tablet computers.
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Apple iPad frenzy spreads abroad

Diehard fans mobbed Apple Inc stores in Europe and Asia as the iPad went on sale outside the United States on Friday, with some shoppers having queued all night to buy one of the coveted tablet computers.

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