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  • Asian Stocks Slide on High Oil, US Concerns Monday, 9 Jun 2008 | 5:11 AM ET

    Asian stocks came under selling pressure Monday, after Wall Street slumped on Friday, as oil spiked $11 and renewed fears of stagflation in the world's largest economy gripped the markets

  • Asian Markets Jump as Energy Prices Surge Friday, 6 Jun 2008 | 5:19 AM ET

    Asian markets were firmer but off their highs Friday, lifted by energy firms following a jump in oil prices. Both Japanese and Australian markets  gained over 1% .

  • Sinosteel Boosts Stake in Target Midwest to 40% Thursday, 5 Jun 2008 | 9:27 PM ET

    Chinese metals trader Sinosteel has increased its voting stake in Midwest to 40 percent from one third, according to a regulatory filing on Friday, as it battles for control of the Australian iron ore prospector.

  • Sinosteel Owns 33% of Midwest, Moves to Stop Rival Thursday, 5 Jun 2008 | 12:46 AM ET

    Chinese metals trader Sinosteel owns one-third of takeover target Midwest and has made a legal move to stop its rival Murchison Metals, from buying any more shares in the Australian iron ore prospector.

  • Australia Trade Deficit Drops, Surplus on Horizon Wednesday, 4 Jun 2008 | 11:14 PM ET

    Australia's trade deficit shrank by far more than expected to its smallest in 14 months in April fuelling speculation that surging prices for coal and iron ore exports could make deficits a thing of the past.

  • Japan's Fast Retailing Jumps on Hopes of Strong Profit Wednesday, 4 Jun 2008 | 1:26 AM ET

    Shares in Japan's Fast Retailing, operator of the Uniqlo chain of casual-clothing stores, leapt 11 percent on Wednesday, boosted by strong sales in May and a newspaper report that it is likely to post a better profit than analysts expect this year.xxx

  • Australia Economy Surprisingly Resilient in Q1 Tuesday, 3 Jun 2008 | 11:19 PM ET

    Australia's economy grew by more than expected last quarter, helped by spending on infrastructure and defence, while the consumer held up surprisingly well in the face of high interest rates and surging living costs.

  • Australia Home Approvals Up, Economy Still Soft Monday, 2 Jun 2008 | 11:36 PM ET
    Home Construction

    Approvals to build new homes in Australia showed unexpected strength in April, but analysts cautioned that much of the improvement was in the volatile apartment sector and housing remained in the doldrums.

  • Australia's Metcash Profit Up, Bids for Primary Unit Monday, 2 Jun 2008 | 11:28 PM ET

    Metcash, Australia's largest grocery wholesaler, posted a stronger-than-expected 18 percent jump in full-year profit on strong growth in fresh food sales, and confirmed it has bid for a unit of Primary Health Care.

  • Australian Shoppers Cut Back, Easing Rate Risk Sunday, 1 Jun 2008 | 11:03 PM ET

    Australian retail sales suffered a surprise fall in April as consumers cut spending on food and recreation in the face of surging living costs, but also perhaps lessening the need for a further increase in interest rates.

  • Australia's Centro Wins $2.67 Billion Loan Reprieve Sunday, 1 Jun 2008 | 10:56 PM ET

    Centro Properties Group, one of Australia's biggest casualties of the global credit crunch, won more time to repay about $2.67 billion in debt, sparking a rally in its shares on Monday.

  • Australia's Just Rejects $800 Million Premier Bid Sunday, 1 Jun 2008 | 8:06 PM ET

    Australian clothing retailer Just Group on Monday rejected a hostile $800 million bid by billionaire investor Solomon Lew, citing an independent adviser as saying the offer was too low.

  • Petronas Buys Stake in Santos Australia Gas Project Wednesday, 28 May 2008 | 11:54 PM ET
    Natural Gas

    Malaysia's Petronas will buy a 40 percent stake in Australian energy firm Santos' Gladstone liquefied natural gas project in Australia for $2.51 billion, sending Santos' shares up 10%.

  • Australia Business Investment Falls Unexpectedly Wednesday, 28 May 2008 | 11:08 PM ET

    Australian businesses surprisingly cut back on investment spending last quarter as a slump in consumption hurt the retail sector, stirring speculation the economy might have actually shrunk in the quarter. 1st paragraph of story should go here

  • Australia's IAG Chief Quits After Rejecting QBE Sunday, 25 May 2008 | 8:55 PM ET

    Insurance Australia Group, which last week spurned a takeover offer by rival QBE, said on Monday its Chief Executive Michael Hawker had resigned with immediate effect, triggering a 3 percent jump in its shares.

  • James Hardie Profit Slides 61%, Shares Sink Wednesday, 21 May 2008 | 9:15 PM ET
    Construction work

    Building materials group James Hardie Industries reported a worse-than-expected 61 percent drop in fourth-quarter profit on Thursday, hit by a slump in U.S. home-building, knocking its shares down as much as 8%.

  • SP AusNet's Year Profit Falls 6.3% Wednesday, 21 May 2008 | 8:17 PM ET

    Australian infrastructure firm SP AusNet reported a 6.3%  fall in its 2007/08 year profit on Thursday, and said it expected the current year's result would be of a similar level after higher interest charges.

  • ArcelorMittal Buys Stake in Macarthur Coal Wednesday, 21 May 2008 | 11:48 AM ET

    ArcelorMittal, the world's top steel maker, is in talks with Australia's Macarthur Coal after buying a 15 percent stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares up 14 percent.

  • Charting Asia | S&P/ASX 200 Index Wednesday, 21 May 2008 | 12:52 AM ET
  • Australia's QBE Insurance Scraps IAG Bid Tuesday, 20 May 2008 | 9:16 PM ET

    QBE Insurance dropped its $8.4 billion bid proposal for Insurance Australia Group after IAG rejected it as too low, triggering an 8 percent slide in IAG's shares.