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Pac Brands earnings hit by low sales

Pacific Brands, the maker of clothing brands including Bonds and Berlei, has cut its earnings forecasts due to lower sales.

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US stocks open a shade lower

Five minutes into trade on Tuesday, the Dow Jones Industrial Average dipped 9.76 points (0.06 per cent) to 16,933.34.

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Aussie share market closes higher

Economic stimulus measures announced by the European central bank have helped boost the Australian share market.

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China’s growth to moderate: World Bank

The World Bank says the main threats to China's growth include a cooling real estate rector, local government debt and its export markets.

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Big four banks lift Aussie market

Stronger bank stocks and greater global risk sentiment linked to European stimulus measures have lifted the Australian share market.

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UniSuper still fighting Westfield change

Wesfield Retail Trust's major shareholder, UniSuper, says a restructure of the Westfield shopping centres will create an orange when it wants an apple.

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