The Australian dollar has risen to its highest point in a week as commodity prices and share markets rally. At 1200 AEST on Friday, the local unit was trading at 103.30 US cents, up from 102.46 cents on ...

The Reserve Bank of Australia plans to spend up to $2 billion on Chinese yuan as the currency gains increasing importance in financial markets. RBA deputy governor Dr Philip Lowe on Wednesday said the ...

The only thing standing between "quantitative easing" of monetary policy in the developed economies and a surge in inflation is a bunch of bankers. Do a quick trawl around the internet and you'll ...

Australian bond futures prices are lower after most stock markets gained ground during the offshore session. "It's just following overseas movements. Stocks market overseas had a very good night and ...

The Australian dollar is higher after traders went bargain hunting when the currency fell to a six-week low. At 0700 AEST on Wednesday, the local unit was trading at 102.67 US cents, up from 102.33 cents ...

The Australian dollar has fallen to its lowest level in six weeks following the release of disappointing Chinese manufacturing figures. Easy Forex currency dealer Tony Darvall said the Australian dollar ...

Australian bond futures prices are stronger following the release of weaker than expected Chinese manufacturing figures. Westpac senior market strategist Damien McColough said the local bond market started ...

Waikato and Auckland construction firm Starplus has been put into voluntary liquidation, just two days ahead of a major client applying to the Hamilton High Court to have the business wound up.

* S&P 500 hits fresh record high * U.S. gasoline futures up for 9 out of last 12 sessions * Dollar/yen hits 4-1/2-year high * U.S. consumer sentiment rises to highest level in six years (Updates to settlement, ...

* US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock ...

* Dollar/yen hits 4-1/2-year high * Iraq-Turkey oil pipeline stops again - source * U.S. consumer sentiment rises to highest level in six years (New throughout, updates prices and market activity, adds ...

* Dollar/yen hits 4-1/2-year high * Iraq-Turkey oil pipeline stops again - source * U.S. economic activity gauge rises to five-year high * U.S. consumer sentiment rises to highest level in six years (New ...

* Dollar lifted by Fed official's comments on QE * Gold prices set to end the week down 5 pct * Palladium, platinum outperform after Platinum Week (Updates prices, adds comment) By Jan Harvey LONDON, May ...

* Brent crude heads for weekly gain on dip-buying * Dollar rises near 10-month high * Iraq-Turkey oil pipeline stops again - source * Coming up: Univ of Michigan consumer sentiment data (Updates prices, ...

* Brent crude heads for weekly gain on dip-buying * Dollar rises near 10-month high * Iraq-Turkey oil pipeline stops again - source * Evidence mounts of slower U.S. economic growth (Updates prices, repeats ...

* Brent crude heads for weekly gain on dip-buying * Dollar rises near 10-month high * Iraq-Turkey oil pipeline stops again - source * Evidence mounts of slower U.S. economic growth (Updates prices) By ...

The Budget has had little impact on the stock exchange.

* U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...

LONDON, May 16 (Reuters) - Gold hit four-week lows on Tuesday as the dollar strengthened against the euro and the yen, further clouding the metal's already weak technical picture. Spot gold fell 1.3 percent ...

New Zealand is forecasting a budget surplus a year earlier than Australia but Treasurer Wayne Swan says he is "completely dumbfounded" anyone would suggest that was because of a better economic ...

The Australian dollar has dropped to a fresh 11-month low as investors continue to pile into its US counterpart. The local currency fell to 98.28 US cents on Thursday afternoon, a level not seen since ...

The Australian dollar is slightly higher after the greenback ended its week-long rally against the Japanese yen. At 0630 AEST on Thursday, the local unit was trading at 98.93 US cents, up from 98.72 cents ...

* Euro zone economy shrinks in Q1, marks longest recession * Dollar strength weighs on commodities * U.S. crude stocks fall, products build- EIA (Updates prices, paragraphs 1, 4-6) By Ron Bousso LONDON, ...

* Euro zone economy shrinks in Q1, marks longest recession * Dollar strength weighs on commodities * U.S. crude inventories rose above forecast - API * Coming Up: U.S. EIA weekly crude stocks; 1430 GMT ...

ATLANTA, May 17, 2013/PRNewswire/ -- AdCare Health Systems, Inc.(NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a leading long-term care provider, announced that, as expected, it did not file its Quarterly Report ...

BOCA RATON, Fla. -- InterCloud Systems Inc. ("InterCloud"), an end-to-end solution provider of professional services and infrastructure services to the telecommunications industry, major corporations ...

05/17/13 Maroussi, Athens, Greece - May 17, 2013 - Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized ...

The UTair AviationSupervisory Council approved the quarterly report for Q1 2013 at its regularly meeting held on May 14, 2013. The report reveals positive growth trends in the airline's activities and ...

PuriCore plc ("PuriCore" or the "Company") 17 May 2013 Balance sheet significantly improved PuriCore (LSE: PURI), the water-based clean technology company, today announces its for the ...

Hollysys Automation Technologies, Ltd. BEIJING, May 16, 2013 - Hollysys Automation Technologies, Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation ...

Ocean Wilsons Holdings Ld Ocean Wilsons Holdings Limited Interim Management statement Ocean Wilsons Holdings Limited (LSE:OCN) today announces its interim management statement in accordance with the UK ...

FOSTER CITY, CA -- (Marketwired) -- 05/16/13 -- SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) today reported its expectations regarding financial results for the quarter ended March 31, 2013. ... This ...

Labor has launched a nationwide attack on the coalition's superannuation plans, warning an Abbott government would erode the retirement savings of low-income Australians. Labor MPs across the country on ...

Labor cabinet member Bill Shorten has warned Tony Abbott would hike the GST rate if elected as prime minister in September. The federal government claims Mr Abbott's plan for a tax "white paper" ...

* US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock ...

A 52-strong trade mission is flying to Indonesia this weekend for two weeks of intensive briefings and meetings.

* Dollar lifted by Fed official's comments on QE * Gold prices set to end the week down 5 pct * Palladium, platinum outperform after Platinum Week (Updates prices, adds comment) By Jan Harvey LONDON, May ...

* Dollar lifted by Fed official's comments on QE * Gold prices set to end the week down nearly 5 pct * Palladium, platinum outperform after Platinum Week (Updates prices) By Jan Harvey LONDON, May 17 (Reuters) ...

The Australian dollar has fallen to its lowest level in almost a year, with no signs the sell-off will be over any time soon. At 1700 AEST on Friday, the currency was trading at 97.37 US cents, its lowest ...

Shares in engineering giant WorleyParsons plunged to four-year lows after it blamed a slowdown in Western Australia's mining industry for a profit downgrade. The announcement surprised investors given ...

The Australian share market closed higher on Friday, led by investors picking up cheaper mining stocks after heavy selling in recent days. The market was still slightly lower for the week. The mining giants ...

* Gold's 7-session drop is longest losing streak in 4 years * Physical demand slow as consumers await further price fall-dealers (Adds details, updates price) By A. Ananthalakshmi SINGAPORE, May 17 (Reuters) ...

* Gold down for 7th straight session, near 4-week low * Physical demand slow as consumers await further price fall-dealers (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, May 17 (Reuters) ...

The Australian market was higher at noon due to strong gains from the mining giants. RBS Morgans Brisbane senior client adviser Bill Chatterton said resources stocks were performing well but mining services ...

SINGAPORE, May 17 (Reuters) - Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut exposure to bullion, ...

Gains by miners and the big four banks have driven the Australian share market higher despite a fall on Wall Street overnight. Property stocks were also higher, helping to offset losses among gold companies ...

The Australian share market has opened higher despite losses on Wall Street overnight following less-than-inspiring US economic data and a disappointing earnings report from Walmart At 1010 AEST on Friday, ...

The revelation this week by the film star Angelina Jolie of a double mastectomy to help avoid breast cancer had business and legal angles as well. Myriad Genetics, the Utah company at the centre of a legal ...

York, PA - May 17, 2013 - DENTSPLY International Inc. (NASDAQ-XRAY) today announced that Chris Clark, President and Chief Financial Officer, will be presenting at the UBS Global Healthcare Conference at ...

VANCOUVER, British Columbia, May 17, 2013 (GLOBE NEWSWIRE) -- Tekmira Pharmaceuticals Corporation (Nasdaq:TKMR) (TSX:TKM), a leading developer of RNA interference (RNAi) therapeutics, announced that the ...

Shares of some top medical devices companies were mixed at the close of trading: Allergan rose $.99 or 1.0 percent, to $101.41. Baxter International Inc. rose $1.09 or 1.5 percent, to $72.94. Boston Scientific ...

Shares of some top pharmaceuticals companies were mixed at the close of trading: Baxter International Inc. rose $1.09 or 1.5 percent, to $72.94. Bristol-Myers Squibb Co. rose $.53 or 1.2 percent, to $43.30. ...

Shares of some top health care equipment companies were mixed at the close of trading: Becton, Dickinson & Co. rose $1.28 or 1.3 percent, to $101.78. Covidien rose $.10 or .2 percent, to $65.77. Patterson ...

Shares of some top biotechnology companies were mixed at the close of trading: Amgen Inc. rose $.66 or .6 percent, to $105.63. Biogen Idec fell $1.14 or .5 percent, to $226.85. Celgene Corp. rose $1.43 ...

TARRYTOWN, N.Y. -- Progenics Pharmaceuticals, Inc. today announced that it has been selected for addition to the NASDAQ Biotechnology Index(R) (Nasdaq:^NBI) effective prior to market open on Monday, May ...

Dateline: WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside the United States and Canada, announced today that Peter N. Kellogg, executive vice president and chief financial ...

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Rambus Inc. (Nasdaq: RMBS), the innovative technology solutions company that brings invention to market, today announced that Dr. Ronald Black, chief executive officer, ...

Is Microsoft developer culture changing, or is it just lip service? 

Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday in New York as she tries to attract more traffic and advertising to the Internet company. The Sunnyvale, Calif., company ...

This smartphone is a workhorse.

It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than ...

Newtown, PA, May 17, 2013 - EPAM Systems, Inc. (NYSE: EPAM), a leading provider of complex software engineering services and solutions and the leader in Central and Eastern European IT delivery, today ...

Last year, Apple added a visually stunning option to its MacBooks: screens with ultra-high resolution. These "Retina" displays reveal four times as much detail as any Windows laptop screen ... ...

A look at Nasdaq 10 most-active stocks at the close of trading: Applied Materials Inc. rose 2.0 percent to $14.96 with 22,243,600 shares traded. Aruba Networks fell 25.6 percent to $13.10 with 47,555,700 ...

Shares of some top leisure companies were mixed at the close of trading: Carnival rose $.04 or .1 percent, to $35.00. Las Vegas Sands Corp. rose $.68 or 1.2 percent, to $58.64. MGM Resorts International ...

Shares of some top big-box retail companies were mixed at the close of trading: Costco Wholesale Corp. rose $1.54 or 1.4 percent, to $113.05. Target rose $1.06 or 1.5 percent, to $71.06. Wal-Mart Stores ...

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ...

Grains futures were mixed Friday on the Chicago Board of Trade. Wheat for July delivery fell 4.5 cents to $6.8325 a bushel; July corn rose 11.25 cents to $6.5275 a bushel; July oats slipped 2.25 cents ...

SkyCity hopes to cash in on Queenstown.

LOUISVILLE, Ky. -- Churchill Downs Incorporated (CDI or the Company) announced today the closing of an amendment to its revolving credit facility. The amendment, which was approved by the Company's Board ...

The ousted head of the Internal Revenue Service apologized to Congress on Friday for his agency's tougher treatment of tea party and other conservative groups seeking tax-exempt status. He said they resulted ...

Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. remains unchanged this week, at 1,769. The Houston-based company said Friday in ...

Shares of some top utilities companies are mixed at 1 p.m.: American Electric Power Co. rose $.13 or .3 percent, to $49.18. Consolidated Edison Inc. Holding Co. rose $.25 or .4 percent, to $60.41. Dominion ...

Shares of some top utilities companies are up at 10 a.m.: American Electric Power Co. rose $.30 or .6 percent, to $49.35. Consolidated Edison Inc. Holding Co. rose $.39 or .6 percent, to $60.55. Dominion ...

China's state-owned electricity company is set to spend about $6 billion for a major stake in Australian electricity and gas assets. The largest utilities company in the world, Sate Grid Corporation of ...

Hawaiian Electric Industries Inc. said Wednesday its first-quarter net income dropped 12.1 percent to $33.7 million as its utilities invested more than $60 million in local infrastructure. The Honolulu-based ...

A stretch limousine that burst into flames on a San Francisco Bay bridge, killing five women inside, was carrying one too many passengers, investigators said Monday. The state Public Utilities Commission ...

Berkshire Hathaway shareholders have again rejected a proposal to require the company's utilities to set goals for reducing greenhouse gas emissions. Berkshire owns several utilities through its MidAmerican ...

The Florida Supreme Court on Thursday unanimously upheld a state law that allows utilities to charge customers for future nuclear reactors — even if they never get built. The court ruling came on the same ...

An effort in the North Carolina Legislature to repeal renewable energy mandates for electric utilities found new life Wednesday in a Senate committee as Republicans pushed through a bill ending the requirements. ...