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ASX substantial shareholding notices - May 12
The following substantial shareholder notices were made to the Australian Stock Exchange (ASX) yesterday. Proteome Systems Limited (ASX: PXL.ax) Change in substantial holding -- Billabong...

Record oil and credit worries dog global stocks
NEW YORK (Reuters) - Oil's relentless surge to new highs on Friday and a record $7.8 billion (4 billion pound) loss at AIG, the world's largest insurer, rekindled concerns that the bite from a...

Japan's Osaka Gas signs new Australia LNG contract
TOKYO, May 9 (Reuters) - Japan's Osaka Gas Co 9532.T said on Friday it has entered into a 6-year purchase agreement starting from April 2009 with the North West Shelf LNG venture off Australia for...

Aussie stocks end at 3-mth highs; NAB lead banks up
(Adds details, comments) By Geraldine Chua SYDNEY, May 9 (Reuters) - Australian shares rose 0.85 percent to their highest level in over three months on Friday, as upbeat earnings at National...

Reported leaks from Australia's 2008/09 budget
TAX/WELFARE * The government will provide a new welfare card, initially in Aboriginal communities, which will ensure half of welfare payments are spent on food and clothing, rather than drugs...

Aussie stocks extend gains; NAB lead banks higher
(Updates to market closing) SYDNEY, May 9 (Reuters) - Australian shares rose 0.85 percent to their highest level in over three months on Friday, as upbeat earnings at National Australia Bank Ltd...

PrimeAg says expands Australia farm land holdings
SYDNEY, May 9 (Reuters) - Agricultural company PrimeAg Australia Ltd PAG.AX said it has expanded its cropping lands in eastern Australia by almost 30 percent with the purchase of nine new...

Australia's NAB H1 profit up, shares jump
(Adds CEO comments, updates shares) By Sonali Paul MELBOURNE, May 9 (Reuters) - National Australia Bank Ltd (ASX: NAB.ax) , the nation's top lender by assets, reported an 8 percent rise in...

Aussie stocks rise over 1 pct; AWB declines
(Adds AWB) SYDNEY, May 9 (Reuters) - Australian shares rose 1.3 percent on Friday, led up by a strong financial sector after National Australia Bank Ltd (ASX: NAB.ax) reported upbeat...

Huaneng denies report on Australia power interest
(Recasts with response from Huaneng) PERTH, May 9 (Reuters) - Huaneng Power 0902.HK, China's largest independent power company, on Friday denied a media report it may join the bidding for power...

Australia cenbank pins hopes on demand slowdown
(Adds analyst, market reaction) By Wayne Cole SYDNEY, May 9 (Reuters) - Australia's central bank on Friday raised its forecasts for inflation this year, but said a significant slowing in domestic...

Aussie stocks up over 1 pct; Tassal Group gains
(Adds Tassal Group) SYDNEY, May 9 (Reuters) - Australian shares rose 1.2 percent on Friday, led up by a strong financial sector after National Australia Bank Ltd (ASX: NAB.ax) reported upbeat...

Aussie dollar eases on cenbank statement; bonds up
SYDNEY, May 9 (Reuters) - The Australian dollar slipped on Friday after the Reserve Bank of Australia (RBA) said in its quarterly monetary policy statement that a significant slowdown in demand...

Aussie stocks extend gains; NAB, resources lead
(Adds details, comments) SYDNEY, May 9 (Reuters) - Australian shares rose 0.55 percent on Friday, as National Australia Bank Ltd (ASX: NAB.ax) gained after reporting upbeat first-half earnings,...

China's Huaneng eyes Australia power assets-paper
PERTH, May 9 (Reuters) - Huaneng Power 0902.HK, China's largest independent power company, may join the bidding for power assets slated for sale by Australia's New South Wales state, The Sydney...

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