AUSTRALIA

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Daily forex forecast -24/5/2010

The Aussie opens at 0.8310 on Monday. Unsubstantiated rumours of Reserve Bank intervention and technical support just above US80-cents halted the recent dramatic slide in the currency on Friday.

Facebook investor DST eyeing more digital stakes

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Russian Internet investment group Digital Sky Technologies, which bought a $300 million stake in Facebook last year, is preparing to buy stakes in dozens of well-known Internet companies, its chief executive said.

Older Australians' antidepressant drug use raises concerns

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The latest study published in the Australian and New Zealand Journal of Psychiary reveals older Australians as the country's primary consumers of antidepressant drugs, despite higher rates of depression observed among younger population.
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Priceline.com acquires TravelJigsaw

Online travel agency Priceline.com said it acquired Manchester-based TravelJigsaw Ltd, a car hire reservation provider, to expand its international business.
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Daily forex forecast - 19/5/2010

The release of the RBA board minutes suggested just what the market had expected and in fact had already begun pricing in – interest rates are at normal levels.
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Most Aussies ignorant on hepatitis

In a national survey conducted by Hepatitis Australia revealed that vast majority of Australians have a disturbingly low knowledge of hepatitis B and C.
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Aussie doctors identify new disease

Kate Pulling, now aged 23 was found to be suffering from an unknown disease in which her immune system's signaling processes fails to function properly leading her to fall sick frequently. She has gone through hospital care for more than a decade as a result of the condition
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Australia minister says to wrap up miner talks fast

Australia's federal government is aiming to wrap up consultation talks with miners over its plans for a new tax as soon as possible to help investment decisions, Resources and Energy Minister Martin Ferguson said on Monday.
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Sun-shy mums may raise MS risk in babies

Children whose mothers had low exposure to sunlight during their first three months of pregnancy may have a higher risk of developing multiple sclerosis(MS) later in life, according to a study in Australia.
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Quality of nursing homes falls

Three out of four nursing homes admit that they cannot provide residents the quality of care and services required by law, based on the current public funding levels.
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Mobile phone users a threat to health

The world's biggest study of the health effects of mobile phones found that the top 10 per cent of the users are up to 40 per cent more likely to develop glioma, a common type of brain cancer.
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Prudential to outline Asia asset sales: source

Britain's Prudential Plc is expected to outline divestments of some Asian assets in its upcoming rights offering prospectus in an effort to appease shareholder concerns about its planned AIA acquisition, a source familiar with the process told Reuters on Friday.

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