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Chinese Consumers Less Optimistic in April
Apr 28, 2016Chinese consumer sentiment eased slightly in April, while a range of spending gauges improved thanks to a better outlook for retail sales and consumption expenditure in general, a latest study shows. The Westpac MNI China Consumer ...
Tags: housing market, consumer sentiment
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EFIC's Export Monitor Newsletter Considers Outlook for Exports to Asia Beyond Commodities
Aug 25, 2014The Export Finance and Insurance Corporation’s (EFIC) Export Monitor newsletter considers the outlook for exports to Asia beyond commodities. "Tourism and education exports will continue their rapid expansion, driven by especially ...
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There Were Debates as to Quantum of Container Detention Fees Charged by Shipping Lines
Aug 22, 2014There have been ongoing debates as to the quantum of container detention fees charged by shipping lines. This has been a controversial issue, as many are of the view that the heavy fees imposed do not constitute a genuine pre-estimate of ...
Tags: Container Detention Fees, Penalty, Service
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JB Hi-Fi and The Good Guys Are Among The Retailers and Service Providers
Feb 27, 2014JB Hi-Fi and The Good Guys are among the retailers and service providers that were recognised last week for their outstanding levels of customer satisfaction in 2013 at the Roy Morgan Customer Satisfaction Awards, hosted by Roy Morgan ...
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MG Offered to Pay A$9 Per Share of WCB, Valuing The Victorian Dairy Firm at A$505m
Nov 15, 2013Murray Goulburn Co-operative (MG) and Bega Cheese have revised their takeover offers for Warrnambool Cheese & Butter (WCB). As per the terms, MG offered to pay A$9 per share of WCB, valuing the Victorian dairy firm at A$505m. Bega ...
Tags: Murray Goulburn, Food
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New Look Safety Truck Has Been Unveiled at The Newcastle Road Transport Awareness Day
Nov 7, 2013The Australian Trucking Association's new look Safety Truck has been unveiled, making its first public appearance at the Newcastle Road Transport Awareness Day. The truck is an upgrade of the ATA's Road Ahead safety exhibition, which has ...
Tags: Truck, Transportation
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Murray Goulburn Launched a a$420m Bid to Acquire WCB
Oct 21, 2013Murray Goulburn, an Australian diary co-operative, has launched a A$420m ($404m) bid to acquire Warrnambool Cheese and Butter (WCB), following Canada's Saputo C$378m bid earlier this month. The proposal would create one of the largest ...
Tags: Murray Goulburn, Cheese, Butter
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Australian Share Market Has Outperformed Others in The Asian Region
Jul 30, 2013The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
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Resource Shakes off Slowdown in Chinese to Help Australian Sharemarket Finish Higher
Jul 25, 2013Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
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Australian Share Market Fell as Japan's Share Market Succumbed to Profit Taking
Jul 19, 2013The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
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Australian Share Market Nudged But Fell Away to End Only Slightly Higher
Jul 18, 2013The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
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Visa Credit Card Will Launch Digital Wallet in Australia
Jul 16, 2013The Visa credit card outfit has certainly got the retail scene abuzz with news it will launch a "digital wallet" in Australia by Christmas. The e-wallet, dubbed V.me, will henceforth store all your cards in digital form, probably on your ...
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Strength in The Resources Sector Has Pushed Australian Shares Higher
Jul 15, 2013Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
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Bearish Bets for Dollar Turni Savage with Credit Suisse Slashing Its Forecast to US75c
Jul 5, 2013BEARISH bets for the dollar are turning savage, with Credit Suisse slashing its forecast to US75c after conceding the currency is "normalising" quicker than it expected. In one of the biggest dollar calls in the market by a major bank, ...
Tags: Credit Suisse, dollar, bank
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Bearish Bets for Australian Dollar Turn Savage with Credit Suisse Forecast to US75c
Jul 5, 2013BEARISH bets for the Australian dollar are turning savage, with Credit Suisse slashing its 12-month forecast to US75 cents after conceding the currency is "normalising" quicker than it expected. In what may be the biggest dollar call by a ...
Tags: Australian dollar, economy, bank