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    The next upside target for the Australian dollar is near $1.10. At this level the AUD starts to cause some very severe pain to Australia's export industries.

  • Hopping Australian Dollar

    The Aussie dollar has gained almost 13% on the Greenback in the last year. Wayne Swan, Australian treasurer, offers insight.

  • Australian Stock Exchange's (ASX) rebuff of a $7.8 takeover offer from the Singapore Exchange (SGX) was the wrong decision, said Kerry Series, Founder and Chief Investment Officer of Asia-focused fund management firm Eight Investment Partners.

  • Cigarette in ashtray

    Australia’s goal of having the world’s toughest tobacco promotion laws in place by 2012 moved closer on Thursday when it released the plain packing design that all cigarette manufacturers will be forced to adopt as part of new legislation. The FT reports.

  • The Australian dollar has been on a tear, and many investors and strategist are still bullish - but a few experts are sounding cautionary notes.

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    It's looking like an especially dynamic year for the currency market, so you might want to check out a new generation of low-cost, online foreign exchange trading platforms.

  • 80-year-old Sumi Abe is rescued from her destroyed house nine days after the 9.0 magnitude earthquake and tsunami on March 20, 2011 in Ishinomaki, Miyagi, Japan.

    In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.

  • The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country. Japan's 9.0 magnitude earthquake is a rare event, according to the US Geological Survey (USGS). Globally we experience an average of only one earthquake above an 8.0 magnitude each year. This, of course, varies from year to year, with the most recent examples being four 8.0+ magnitude earthquakes in 2007 and zero in 2008.

    The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.

  • Japanese shares plunged on Tuesday as fresh explosions rocked a damaged nuclear plant and triggered a rise in radiation levels, sending investors fleeing from riskier assets such as equities and commodities across Asia.

  • Asian stocks outside Japan edged up on Monday, with demand for commodity-related shares offsetting the steep drop in Japanese markets following a massive earthquake and tsunami.

  • Nikkei futures tumbled on Friday after a massive 8.9 magnitude earthquake hit northeast Japan, causing many injuries.

  • Poll: Have The Recent Disasters Put You Off Travelling to Australia?

  • Asian shares opened lower on Thursday following declines in the overnight U.S. session. A sell-off in chip stocks hurt tech counters in South Korea, while a decline in commodities weighed on Australia's commodity heavy index.

  • Stocks in Japan and South Korea opened higher on Wednesday, helped by an overnight rally on Wall Street.

  • Asian stocks rose on Tuesday but gains were limited as investors worried higher energy prices could stunt the global economic recovery. 

  • Asian stocks fell on Monday, as fears of more turmoil in the Middle East and higher oil prices overshadowed solid U.S. payroll data.

  • Asian stocks rose on Friday, responding to growing confidence in the U.S. economic outlook, which fueled a rally on Wall Street and sent commodity prices higher.

  • Asian stocks edged higher on Thursday, as gains on Wall Street lifted sentiment and offset worries about surging oil prices due to turmoil in the Middle East.

  • Asian stocks fell on Wednesday, with declines on Wall Street and continued rises in crude oil prices dampening investor sentiment and weighing on issues that are sensitive to energy prices.

  • Asian stocks rose on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.