AUSTRALIA

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ASEAN agrees measures to ease economic crisis: draft

Leaders of Southeast Asian nations have agreed to ease monetary policy and resist protectionism as they fight the financial crisis that is hurting their export-dependent economies, a draft statement showed.

The Black Hole: How the Web devours history

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Academics, family researchers and even baseball history nuts have noticed recently how some important archives of older newspapers from around the world have vanished off the Web.

10 commandments for cheaper travel

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Go off-peak, or in the 'shoulder season' just before the masses arrive. For example, African safaris in the rainy season cost up to 40% less, and offer the chance to see more new-born animals; the Galapagos Islands in May are 20-30% cheaper than December / January or high summer - and offer warmer, calmer conditions
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U.S. gives cap and trade boost for climate treaty

President Barack Obama's support on Thursday for a U.S. cap and trade scheme boosted expectations of a global carbon market under a new climate treaty, to be agreed this year to replace the Kyoto Protocol.
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Rio may offer notes to all shareholders: report

Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company, according to a newspaper article on Monday. Rio declined to comment on the article by commentator Michael West on the Sydney Morning Herald's Web site (www.smh.com.au), which gave no source for...
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Don't judge states on wealth, emissions: climate envoy

Judging small, rich island nations purely on their wealth and emissions is unfair in climate change negotiations, Singapore's climate envoy said on Saturday, as pressure builds on more countries to curb carbon pollution.
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Anglo to cut 19,000 jobs, shares tumble

Mining group Anglo American Plc (AAL.L) (AGLJ.J) scrapped its 2008 final dividend on Friday to conserve cash and said it will cut 19,000 jobs as it posted a 1 percent fall in profit, missing analysts' forecasts.
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Australia Caltex year profit falls 58 %

Caltex Australia Ltd, the country's only listed oil refiner and marketer, posted a 58 percent fall in full-year operating profit, due to weaker demand for its fuels and unplanned plant shutdowns.
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Asia's shoppers go online as Internet barriers fall

From dresses, to handbags, diamonds and music downloads, consumers in Asia are taking to Internet shopping like never before as the region becomes one of the world's fastest growing e-commerce markets. I like to shop for clothes online because no sales girls will pester me, said Cecelia Wang, a 23-year-old university student in Taipei, who spends about T$1,500 ($44) each ...
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OzForex Daily Commentary - 04/02/2009

Australian Dollar: After being sold off aggressively the AUD was hovering around the 63 cent mark in early morning trade yesterday but managed to drift higher heading into the
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Taylor Swift to launch first national tour

Taylor Swift will launch her first nationwide tour called Fearless, which will take her to 52 cities in 38 states beginning Feb. 10 in San Antonio and stretching through the spring, summer and fall in the United States and Canada.
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Dollar Advances Against The Majors Overnight

Overall, the dollar continues to strengthen overnight. The only exception among the majors is the pound, which rose after some very good economic reports coming from the U.K. Ahead, the market is likely to become very volatile, especially during the U.S. open, when some important releases are scheduled.
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Dubai

It has spectacular beaches but is not Australia; it is one of the world’s most secure destinations but is not Singapore; it has opulent city hotels and superb beachside resorts but is neither Jakarta nor Bali. It has world class shopping but is not Hong Kong.
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Australia

Australia is the sixth largest country in the world. It's about the same size as the 48 mainland states of the USA and 50 per cent larger than Europe, but has the lowest population density in the world - only two people per square kilometre. This vast continent ...
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OzForex FX Market Watch - 27/01/2009

USD : On the US front this week it all starts with Existing Home Sales data for the month of December. On Tuesday we see the release of Consumer Confidence data. The
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BHP Billiton to slash 6,000 jobs

Mining giant BHP Billiton Ltd announced plans Wednesday to slash 6,000 jobs, or about 6 percent of its global work force, as the collapse in commodity prices.

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