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Wool Prices in Australia, South Africa and New Zealand (Weekly Report)

2014-05-16 21:39:54| EmergingTextiles.com

Wool prices have further decreased this week in Australia, in absence of real demand from China. Our weekly report delivers a comprehensive view of wool prices in Australia, with a long list of micron types in A$, US$ and euro terms. Historical charts are also available, such as downloadable historical data. A glimpse on the New Zealand and South African markets is provided.

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Genworth Gets $545 Million in Australia Mortgage Unit IPO

2014-05-16 02:05:41| Footwear - Topix.net

Genworth Financial Inc. raised A$583 million by selling a stake in its Australian mortgage insurer in the country's biggest initial public offering this year.

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ConocoPhillips discovers gas at Browse basin offshore Australia

2014-05-16 01:00:00| Offshore Technology

ConocoPhillips has discovered oil at Poseidon North1 well in the WA315P Browse basin permit, offshore Western Australia.

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Landfills pressure Australia government allow U.N. carbon credits: paper

2014-05-15 09:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Australian landfills, set to make total windfall profits of up to A$200 million ($187 million), if the country's carbon tax is repealed have proposed using some of the revenue to buy millions of U.N.-issued carbon credits, the Sydney Morning Herald reported Monday. Landfills have for the past two years been charging customers upfront to pay for future carbon emissions under the previous Labor government's carbon pricing scheme. But if the Liberal government, in office since September, succeeds...

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Singtel growth slows on forex effects, Australia

2014-05-15 09:26:00| Telecompaper Headlines

(Telecompaper) Singapore Telecommunications (SingTel) reported net profit for its fiscal fourth quarter up 3.5 percent year-on-year to SGD 898 million. Growth was held back by the weaker Australian dollar and regional currencies; excluding the currency effects, net profit would have grown 13 percent. The operator said it profited from a solid consumer business in its home market and a strong return from its stake in Indian operator Bharti Airtel. Pre-tax earnings from its holdings in mobile operators abroad increased 9 percent to SGD 558 million. Operating revenue was still down 7.9 percent to SGD 4.128 billion and fell 1.1 percent on a constant currency basis. This was due to the earlier flagged weaker performance at Optus in Australia and in the Enterprise segment. EBITDA dropped 9.2 percent to SGD 1.297 billion, and free cash flow was 31.4 percent lower at SGD 868 million. Over the full year, Singtel reported a small drop in revenue and higher profits. For the current year to March 2015, it expects stable revenue and EBITDA, and capital expenditure around SGD 3.2 billion. 

Tags: australia effects growth forex

 

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