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Australian aid spending on hold in tight budget

14-May-2013 Intellasia | AFP | 6:00 AM

Australia will delay its foreign aid spending targets and close its embassy in Budapest as the government scrambles to rein in costs to meet revenue shortfalls, Foreign [...]
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G7 to press on with bank reforms, Japan escapes censure

14-May-2013 Intellasia | AFP | 6:00 AM

Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan’s drive to galvanise its economy. [...]
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Aussie dollar slips below US parity on slowdown fears

14-May-2013 Intellasia | AFP | 6:00 AM

The Australian dollar slipped below parity with the greenback for the first time in 12 months on Saturday on fears that the mining-powered economy was slowing. The Aussie hit [...]
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Australia budget blues in land of mining boom

14-May-2013 Intellasia | AFP | 6:00 AM

As China’s economy slows and Australia begins its painful transition away from a decade-long mining boom, Treasurer Wayne Swan will have little to offer voters seeking [...]
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AsianBondsOnline News Highlights – Week of 6 – 10 May 2013

13-May-2013 Intellasia | AsianBondsOnline | 11:00 AM

Indonesia’s real GDP growth stood at 6.0% year-on-year (y-o-y) in 1Q13, which was slightly lower than the 6.1% growth posted in 4Q12. Growth in 1Q13 was driven by private [...]
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Asia Roundup: Mostly up on weak yen, US jobs data

11-May-2013 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 8:49 AM

Asian markets were mostly up yesterday Friday May 10 2013 with Japanese stocks jumping to their highest level in more than five years after the US dollar surged above the [...]
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Australia central bank mutes outlook

11-May-2013 Intellasia | AFP | 6:00 AM

Australia’s central bank scaled back its forecasts Friday, warning of muted growth and a “subdued” outlook as the commodities-driven economy transitions [...]
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Asia Roundup: Down, Seoul bucks trend on rate cut

10-May-2013 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 8:01 AM

Asian stocks were mostly lower yesterday THursday May 09 2013 as dealers took profits after recent impressive gains, but higher than expected inflation figures out of China [...]
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Asian shares gain as upbeat global data, Wall Street buoy mood

10-May-2013 Intellasia | Reuters | 6:00 AM

Ongoing support from easy central bank monetary policies underpinned global stocks on Thursday although profit-taking pushed European and Japanese shares off multi-year [...]
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Fitch: Australian Banks Need More Stable Funding to Meet Rules

10-May-2013 Intellasia | Reuters | 6:00 AM

Australian banks need to continue to improve their funding mix to meet Basel III liquidity requirements, especially as the revised proposals from the Australian Prudential [...]
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Australia’s NAB half-year profits up 23pct

10-May-2013 Intellasia | AFP News | 6:00 AM

National Australia Bank posted a 22.8 percent jump in first-half net profit Thursday on the back of higher revenue from personal and wholesale banking. Australia’s [...]
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Asia Roundup: Higher on European, Wall St gains

09-May-2013 Intellasia | | 7:57 AM

Asian markets rose yesterday, Wednesday May 08 2013 after Wall Street and European stocks reached new highs, and as China released better than expected trade figures for [...]
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PACIFIC MONEY Australia’s Realist Malaysian Policy FM Carr says

09-May-2013 Intellasia | AFP | 6:00 AM

Australia’s Foreign minister Bob Carr has defended putting economics first in ties with Malaysia, saying it was “improper” to intervene over alleged [...]
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Asian shares rise on strong China trade data, record Wall Street

09-May-2013 Intellasia | Reuters | 6:00 AM

Asian shares rose to their highest in nearly two years on Wednesday, as strong Chinese trade data added to positive sentiment already fed by record highs in global equities [...]
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Branson open to total sale of Virgin Australia

09-May-2013 Intellasia | AFP | 6:00 AM

Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline’s branding is more [...]
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