Aussie
U.S. takeover of Aussie wine labels giant
November 06, 2007The U.S. firm Multi-Color Corporation is buying the Australian printing company Collotype, the world's biggest producer of wine labels. Collotype, with headquarters in Adelaide, has produced wine labels since 1903 for customers in Australia, the United...
- November 05, 2007
Another slump on the Australian share market Monday wiped $23 billion off the value of local stocks. Prices were 1.7 percent lower across the board with the All Ordinaries Index falling 107 points to 6,620 and the ASX 200 shedding 114 points to 6...
Australia facing loss of Toyota operations
October 29, 2007Toyota may soon pull its automobile operations out of Australia as rising interest rates have pushed the Aussie dollar to record highs, a report says. Facing such a financial crisis and a possible withdrawal from Australia, the Asian manufacturer...
- October 26, 2007
Australian shares had a mixed day on higher-than-expected inflation figures, closing slightly lower. The All Ordinaries Index closed down 7 points to 6,644 while the ASX 200 dropped 10 points to 6,624. The ANZ Bank was among the biggest losers...
Aussie sharemarket down over U.S. concerns
October 23, 2007New concerns over the strength of the U.S. economy wiped about $27.5 billion off Australian share prices Monday. Stocks slumped by 2 percent in the morning session in the wake of warnings that the U.S. housing slump was spreading to the wider economy...
- October 05, 2007
The Australian share market, buoyed by resurgent mining stocks, ended the week 0.6 percent higher. The All Ordinaries index rose 37 points to 6,617 and the ASX 200 jumped 39 points to 6,605. Investors remained cautious, however, awaiting U.S....
Aussie stocks soar to record high
September 28, 2007Taking its lead from New York's Wall Street, the Australian share market soared Thursday and closed at a record high. The All Ordinaries Index jumped 56 points to 6,548 and the ASX 200 also gained 56 points to close at 6,538. Analysts warned the...
Aussie shares close week at record high
September 28, 2007The Australian share market ended the week at a record closing high with stocks up 0.5 percent across the board. The key All Ordinaries Index gained 32 points to 6,580 and the ASX 200 rose 29 points to 6,567. Once again the mining sector led the...