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The Australian dollar is higher despite the Reserve Bank of Australia cutting the cash rate to a an all-time low. At 1700 AEST the local unit was trading at 89.81 US cents, up from 89.09 cents on M..
An interest rate cut has failed to lift the Australian share market into positive territory. Shares fell in morning trade ahead of the Reserve Bank of Australia's rates decision, following falls on..
After vindicating expectations of an interest rate cut on Tuesday, the Reserve Bank of Australia isn't showing much enthusiasm for another. The door remains open but, in announcing the cash rate wo..
The Australian dollar rose by more than a quarter of a US cent after the central bank cut the cash rate to a new record low of 2.5 per cent at its board meeting on Tuesday. The Reserve Bank of Aust..
The employment outlook is getting bleaker, but continued strong net exports should keep the Australian economy from getting into too much trouble. Australia posted its fifth consecutive monthly tra..
SAN FRANCISCO Aug 6 AFP - Fears of dangerous electric shocks caused by unsanctioned chargers for Apple gadgets has prompted the company to announce a trade-in program. From August 16, people with c..
Hearing implant maker Cochlear says its "game-changing" Nucleus 6 device will be the big driver behind its 2014 financial results.The company says rollout of the device, which it describes as the most..
Engineering company Downer EDI aims to keep its profit steady this financial year as it tries to navigate through the slowdown in the mining sector. Downer EDI made a net profit of $204 million in ..
NEW YORK CITY Aug 5 AFP - The dollar has edged higher against the euro after a better-than-expected report on the US services sector. Near 2200 GMT on Monday (0800 Tuesday AEST) the euro bought $1...
US stocks opened lower on Tuesday in the face of fresh data showing an improving US trade balance - seen as more evidence that the Federal Reserve's stimulus could be pulled back in the coming months...
