AUSTRALIA

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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.

Apple says sold 2 million iPads

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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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Acobat with HIV could have infect hundreds

Zimbabwe-born Australian performer Godfrey Zaburoni, 31, was charged on Tuesday in the Southport Magistrates, Gold Coast for acts of intending to cause grevious bodily harm by infecting women with HIV through unprotected sex.
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iPad makes splash in international debut

Apple Inc's iPad hit overseas store shelves on Friday, with buyers storming Japanese shops to be among the first in Asia to snap up the long-awaited tablet PC.
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Australia's rice output to touch 205,000 tons

Australia's rice output in the crop year ended March 31 is expected to touch around 205,000 metric tons or triple from 63,000 tons, according to the grains report by the New South Wales Industry & Investment department.
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Sony to launch e-reader in Japan, take on Apple

Sony Corp said on Thursday it would launch an e-reader and online content distribution service in Japan by year-end, taking on rival Apple Inc whose iPad hits shelves in the country on Friday.
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Rio Tinto upbeat on iron ore despite global fears

Global miner Rio Tinto on Wednesday predicted strong iron ore demand to continue and gave an upbeat outlook for aluminum, defying sharp slides in commodity prices and fears of a double-dip global recession.
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Fear of widespread killer bug in Australia

Medical doctors fear that there will be a widespread of Clostridium difficile in Australia when three elderly patients at a Melbourne private hospital were reported to be infected by the bug.
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Overeating noodles put students at risk

University students who are frugal on just baked beans and two-minute noodles are at greater risk of developing chronic diseases, according to a new Australian study.
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Germany eyes wider short-selling ban as euro slides

Germany inched toward a wider ban on naked short selling of stocks and Italy approved austerity measures on Tuesday to contain a euro zone debt crisis that could lead U.S. officials to urge stress tests for European banks.
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Taking the GMAT as a Non-Native English Speaker

Non-Native English speakers have every right to find the verbal section of the GMAT daunting. While native English speakers certainly do have a natural edge, it is very possible for GMAT test-takers whose first language isn't English to overcome any disadvantages. Learn how.
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US may lose top wheat exporter rank after 65 yrs

World's largest wheat exporter, the US is likely to lose its position to Black Sea states, warned US Department of Agriculture. According to a report from the USDA, Black Sea states of Kazakhstan, Russia and Ukraine look set to raise wheat exports by one half to more than 50m tonnes by the end of the decade, overtaking US for the first time since second World War.
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Shares and euro fall as debt fears rattle markets

Asia stocks fell to multi-month lows, the euro slid and oil and higher yielding currencies weakened on Tuesday on fears that Europe's sovereign debt woes will trigger a renewed crisis in the continent's banking sector.
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Ten people cleared of Hendra virus

Ten people have been cleared of the preliminary blood tests of the potentially fatal Hendra virus following contact with an infected horse on Queensland's Sunshine Coast.
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Australian Dollar Outlook 25/5/2010

The AUD has opened lower this morning as news out of Europe regarding the financial stability of Spain caused investors to reduce their risky positions as fears about the likelihood global economic recovery persisted.

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