Bloomberg.com Region - Australia & New Zealand News http://www.bloomberg.com Bloomberg LP en-us Financial News Nov. 27 (Bloomberg) -- BHP Billiton Ltd. shares may benefit the most from a joint venture with Rio Tinto Group to merge their Australian iron-ore operations that will be signed before a deadline on Dec. 5, ICAP Plc said. http://www.bloomberg.com/apps/news?pid=20601081&sid=aLZkMN8tjM_w&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aLZkMN8tjM_w Fri, 27 Nov 2009 05:26:04 EST Financial News Nov. 27 (Bloomberg) -- Resourcehouse Ltd., controlled by Australia’s fifth-richest man Clive Palmer, will delay a Hong Kong initial share sale that’s seeking as much as $3 billion until early next year, said two people familiar with the plan. http://www.bloomberg.com/apps/news?pid=20601081&sid=a79yCA8Hvvqk&refer=australia http://data.bloomberg.com/bb/rssstory?sid=a79yCA8Hvvqk Fri, 27 Nov 2009 00:46:09 EST Financial News Nov. 27 (Bloomberg) -- The New Zealand dollar slid to a four-month low versus the yen and posted the biggest monthly drop among its most-traded counterparts as appetite for higher- yielding assets ebbed after Dubai sought to delay its debt. http://www.bloomberg.com/apps/news?pid=20601081&sid=a5ZGVqX8QJFc&refer=australia http://data.bloomberg.com/bb/rssstory?sid=a5ZGVqX8QJFc Fri, 27 Nov 2009 13:46:21 EST Financial News Nov. 27 (Bloomberg) -- Construction stocks in the Asia- Pacific region fell, led by Leighton Holdings Ltd., Kajima Corp. and Obayashi Corp., on concern Dubai World’s proposal to delay debt payments may lead to losses and project cancellations. http://www.bloomberg.com/apps/news?pid=20601081&sid=akfcKrUs2lgM&refer=australia http://data.bloomberg.com/bb/rssstory?sid=akfcKrUs2lgM Fri, 27 Nov 2009 03:16:46 EST Financial News Nov. 26 (Bloomberg) -- Investors should buy the Australian dollar during its declines because Dubai’s request to delay payments on its debt is a “storm in a teacup,” according to Commonwealth Bank of Australia, the nation’s largest lender. http://www.bloomberg.com/apps/news?pid=20601081&sid=aIEDEpJhweWA&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aIEDEpJhweWA Thu, 26 Nov 2009 22:16:28 EST Financial News Nov. 27 (Bloomberg) -- Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 1.5 percent, declining for the first time in six weeks. http://www.bloomberg.com/apps/news?pid=20601081&sid=aWtfbznxjwas&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aWtfbznxjwas Fri, 27 Nov 2009 07:20:44 EST Financial News Nov. 26 (Bloomberg) -- Australia, the world’s fourth- largest wheat exporter, may harvest less of the grain than previously forecast after extreme weather in some states trimmed yields, National Australia Bank Ltd. said today. http://www.bloomberg.com/apps/news?pid=20601081&sid=aBzqEn.6Rzw4&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aBzqEn.6Rzw4 Thu, 26 Nov 2009 20:37:21 EST Financial News Nov. 26 (Bloomberg) -- Fisher & Paykel Appliances Holdings Ltd., part-owned by China’s Haier Group, dropped the most in two months in Wellington trading after first-half losses widened and the company lowered its full-year profit forecast. http://www.bloomberg.com/apps/news?pid=20601081&sid=aggDUpdvRAIo&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aggDUpdvRAIo Thu, 26 Nov 2009 23:21:48 EST Financial News Nov. 27 (Bloomberg) -- Sugar production in Australia, the world’s third-largest shipper of the sweetener, may rise 6.5 percent next season as higher prices spur farmers to plant a larger crop, Commonwealth Bank of Australia said. http://www.bloomberg.com/apps/news?pid=20601081&sid=aob_5bkdhBiI&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aob_5bkdhBiI Fri, 27 Nov 2009 00:21:25 EST Financial News Nov. 26 (Bloomberg) -- Caltex Australia Ltd. faces “significant headwinds” as the rising Australian dollar and increasing crude prices put pressure on refining margins, Bank of America Corp.’s Merrill Lynch & Co. unit said. http://www.bloomberg.com/apps/news?pid=20601081&sid=abKsOsxYIx3E&refer=australia http://data.bloomberg.com/bb/rssstory?sid=abKsOsxYIx3E Thu, 26 Nov 2009 23:53:40 EST General News Nov. 27 (Bloomberg) -- Australian leader Kevin Rudd is struggling to force through legislation aimed at reducing carbon emissions, as he flies to Washington for talks with President Barack Obama on global warming. http://www.bloomberg.com/apps/news?pid=20601081&sid=az.wpxvUCZr0&refer=australia http://data.bloomberg.com/bb/rssstory?sid=az.wpxvUCZr0 Fri, 27 Nov 2009 00:26:48 EST General News Nov. 26 (Bloomberg) -- Australia’s upper house of parliament will resume sitting on Nov. 30 in a bid to pass legislation aimed at cutting carbon emissions by imposing a tax on greenhouse gas emissions. http://www.bloomberg.com/apps/news?pid=20601081&sid=aqKbL0QqTiys&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aqKbL0QqTiys Thu, 26 Nov 2009 23:59:10 EST General News Nov. 27 (Bloomberg) -- Pledges by China and the U.S. to set numerical targets for their greenhouse-gas emissions through 2020 may reignite stalled progress for a global climate agreement at negotiations next month in Copenhagen. http://www.bloomberg.com/apps/news?pid=20601081&sid=aKYc2l_FiYZM&refer=australia http://data.bloomberg.com/bb/rssstory?sid=aKYc2l_FiYZM Fri, 27 Nov 2009 11:52:37 EST