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US OKs F-16 jets sale to Pakistan

US OKs F-16 jets sale to Pakistan

The US government said it had approved the sale to Pakistan of eight F-16 fighter jets built by Lockheed Martin Corp, radars …

  • New iPhone, iPad in March: report AAP - 10 hours ago
    New iPhone, iPad in March: report

    Apple Inc is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, technology blog 9to5Mac reported, citing sources. Apple, which will introduce a new 4-inch iPhone, dubbed the "iPhone 5se", and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices, the blog reported. The technology giant has hit a trough in iPhone demand.

  • Trump settles Miss Universe lawsuit AAP - Fri, Feb 12, 2016 10:12 PM NZDT
    Trump settles Miss Universe lawsuit

    Republican US presidential candidate Donald Trump says he has settled a $US500 million ($A704.37 million) lawsuit against Spanish-language television network Univision Communications Inc over its decision ...

  • Qld Nickel admin faces huge task AAP - Fri, Feb 12, 2016 8:50 PM NZDT

    Administrators of Clive Palmer's troubled nickel business are facing a large and complicated task to determine whether its north Queensland refinery and hundreds of jobs can be saved. The enormity of the job became clearer in the Brisbane Supreme Court on Friday when FTI Consulting was given more time to investigate Queensland Nickel before convening a second creditors' meeting. The court heard the administrators need to sort through 11,000 boxes of company records, investigate claims of insolvent trading and probe political donations made to the Palmer United Party before deciding the best way forward.

  • WA Market City asset sold for $135.5m AAP - Fri, Feb 12, 2016 7:47 PM NZDT

    Market City has become the first asset sale announced by the West Australian government after a $135.5 million bid by Perth Markets. The industry consortium, led by the Chamber of Fruit and Vegetable Industries in WA, will take over the Canning Vale site on March 31 and it will continue to operate as WA's primary trading centre for fruit and vegetables. The sale of Market City, currently managed and owned by the Perth Market Authority, is the first under the state government's asset sales program in an attempt to ease WA's crippling debt.

  • Baby Bunting celebrates sales bump AAP - Fri, Feb 12, 2016 7:46 PM NZDT
    Baby Bunting celebrates sales bump

    New stores and the collapse of a rival have helped drive soaring sales at leading pram, cot and nappy retailer Baby Bunting. The publicity created by Baby Bunting's strong debut on the share market in October and four new stores helped lift its profile among customers, chief executive Matt Spencer said. The momentum has continued into the second half of the financial year, with comparable store sales up 11.2 per cent for the seven months to the end of January.

  • Bluescope boosts earnings guidance AAP - Fri, Feb 12, 2016 7:44 PM NZDT

    BlueScope Steel shares have hit a 12 month high as Australia's biggest steelmaker upgraded its half year earnings forecast for the second time in four months. Bluescope has raced to cut costs to offset weakening demand and a slump in steel prices, and now expects underlying earnings of around $230 million for the six months ended December 31. The news cheered investors, with Bluescope shares adding 62 cents, or 14.2 per cent, to $5.00, their highest level in a year.

  • No recovery expected for Woolies AAP - Fri, Feb 12, 2016 7:30 PM NZDT

    Analysts expect Woolworths is still losing ground to rivals Coles and Aldi even as it steps up its profit draining price battle. The latest half year results from Woolworths are not anticipated to show signs of a sales recovery when they are unveiled later this month. Coles on the other hand is expected to boost its profit and continue to achieve like-for-like food and liquor sales growth, a key indicator of market share.

  • Uranium decision 'a kick in the face' AAP - Fri, Feb 12, 2016 7:26 PM NZDT

    The Northern Territory government's decision not to prosecute a uranium miner for a major contamination spill near Kakadu National Park is a kick in the face for the public, an environmental lawyer says. The Department of Mines and Energy on Friday said it was not in the public interest to press charges against Rio Tinto subsidiary Energy Resources of Australia (ERA) for breaching the Mining Management Act when up to one million litres of contaminated acidic slurry spilled from a collapsed leach tank in December 2013. Department CEO Ron Kelly said there was doubt about whether ERA directly caused the tank to collapse by failing to monitor it or ensure it was strong enough to contain the slurry.

 

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    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.93250.000.00%
      NZDAUD=X
      0.66260.000.00%
      NZDUSD=X
      0.45680.000.00%
      NZDGBP=X
      75.02070.000.00%
      NZDJPY=X

    MARKET MOVERS

    • Most Actives
      Most Actives
      NamePriceChange% Chg
      2.445+0.010+0.41%
      GOV400.NZ
      4.38+0.01+0.23%
      SKC.NZ
      2.24-0.05-1.97%
      MEL.NZ
      3.29+0.07+2.17%
      SPK.NZ
      4.38-0.01-0.23%
      CEN.NZ
    • % Gainers
      % Gainers
      NamePriceChange% Chg
      0.54+0.03+5.88%
      SCY.NZ
      1.44+0.05+3.60%
      SCT.NZ
      4.45+0.15+3.49%
      VCT070.NZ
      2.18+0.07+3.32%
      BFW.NZ
      2.00+0.06+3.09%
      TGG.NZ
    • % Losers
      % Losers
      NamePriceChange% Chg
      1.70-0.19-10.05%
      ERD.NZ
      3.13-0.26-7.81%
      USM.NZ
      0.88-0.07-7.76%
      EMF.NZ
      2.858-0.240-7.75%
      USS.NZ
      2.804-0.232-7.64%
      USG.NZ