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Zuckerberg pledge boosts Facebook shares by almost 5%

Facebook founder Mark Zuckerberg's pledge not to sell his 500 million shares for at least another year gives the stocks a five per cent boost.

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Unemployment rate drops to 5.1%

Australia's unemployment rate fell to 5.1 per cent in August, official figures show.

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Aussie shares almost 1% higher ahead of ECB meeting

Australian shares are almost one per cent higher as investors find value amid hopes of European Central Bank action on the eurozone's debt crisis.

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Billabong receives a second takeover bid

A bidder war has been sparked for Billabong after the struggling retailer received its second takeover offer in just six weeks.

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Wall Street closes lower on eve of key ECB meeting

Wall Street closes essentially flat with investors waiting to see if Europe's central banks will introduce stimulatory measures at its upcoming meeting.

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Aussie stocks close lower amid concerns about China’s economic growth

Materials and industrials drag Australian shares lower amid concern about the outlook for Chinese growth, and poor US manufacturing data

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