Million doses of fake aspirin from China seized in France

Million doses of fake aspirin from China seized in France

AFP French customs officers have seized 1.2 million doses of counterfeit aspirin from China, the biggest haul of fake medicines ever in France and the EU, the economy ministry announced Saturday. The goods, ...

Australian Markets

  • Tougher standards to fight corruption in the resources industry ABC - 9 hours ago

    More of the world's governments have signed up to measures designed to reduce corruption in the global resources industry. Around 3.5 billion people live in poor countries that are rich in resources but ...

  • Forgetting Ben (Bernanke) and Trading the Yen Next Week DailyFX - Sat, May 25, 2013 6:29 AM AEST

    Forgetting Ben (Bernanke) and Trading the Yen Next Week

  • IMF chief avoids charges in French payout scandal AFP - Sat, May 25, 2013 5:28 AM AEST
    IMF chief avoids charges in French payout scandal

    IMF chief Christine Lagarde avoided immediate charges but was named an "assisted witness" after French prosecutors grilled her for two days over a state payout to a disgraced tycoon when she ...

  • A Trusted Trade That Didn’t Work DailyFX - Sat, May 25, 2013 12:30 AM AEST

    A Trusted Trade That Didn’t Work

  • Bausch & Lomb near $9 bn sale to Valeant: source AFP - Fri, May 24, 2013 9:15 PM AEST
    Bausch & Lomb near $9 bn sale to Valeant: source

    Canadian pharmaceutical company Valeant is close to a deal to acquire US eye health company Bausch & Lomb for about $9 billion, a person familiar with the matter said Friday. A deal could come as soon ...

  • News Corp approves Murdoch split for June 28 AFP - Fri, May 24, 2013 9:14 PM AEST
    News Corp approves Murdoch split for June 28

    News Corp's board on Friday approved the break-up of the conglomerate into two independent companies, separating the high-flying entertainment assets from the struggling newspaper operations. The decision, ...

  • US stocks flat as bulls get cautious AFP - Fri, May 24, 2013 9:09 PM AEST
    US stocks flat as bulls get cautious

    US stocks closed flat Friday, reeling in early losses but showing caution following Japan's Thursday 7.3 percent plunge and ahead of the three-day US Memorial Day holiday weekend. The Dow Jones Industrial ...

  • Aust stocks close lower AAP - Fri, May 24, 2013 5:16 PM AEST

    Australian stocks have closed weaker as declines among the major miners dragged the broader market lower and snapped a two-day rally.

  • IMF chief grilled for second day over French payout scandal AFP - Fri, May 24, 2013 4:58 PM AEST
    IMF chief grilled for second day over French payout scandal

    IMF chief Christine Lagarde's future was at stake Friday as French prosecutors grilled her for a second day to decide if she should be charged over a state payout to a disgraced tycoon when she was finance ...

  • Stocks to watch at close on Friday AAP - Fri, May 24, 2013 4:21 PM AEST

    Stocks to watch on the Australian stock exchange at close on Friday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - down two cents at $1.08 Australia's largest beef cattle producer has blamed the suspension ...

  • $A rallies as commodites, stocks rise AAP - Fri, Apr 26, 2013 12:46 PM AEST

    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 ...

  • Bank of Japan boosts economy, inflation view AFP - Fri, Apr 26, 2013 9:19 AM AEST
    Bank of Japan boosts economy, inflation view

    The Bank of Japan on Friday boosted its inflation and economic growth projections for the world's third-largest economy as it eyes an end to years of deflation. The semi-annual report, which came as the ...

  • Euro Stagnation Continues Despite the Equities Rally DailyFX - Wed, Apr 24, 2013 8:04 PM AEST

    Euro Stagnation Continues Despite the Equities Rally

  • Sheila Bair QandA: Protect borrowers and banks Bankrate.com - Wed, Apr 24, 2013 5:00 PM AEST

    Sheila Bair speaking before the National Press Club in 2011. Highlights of Bair's career 1981-1988: Research director, deputy counsel and counsel for U.S. Sen. Robert Dole, R-Kan. 1991-1995: Commissioner, ...

  • Reserve Bank to buy Chinese bonds for reserves ABC - Wed, Apr 24, 2013 4:45 PM AEST

    Australia's central bank is gearing up to invest a slice of its foreign currency reserves in Chinese government bonds. Speaking in Shanghai, RBA deputy Governor Philip Lowe said the bank has sought and ...

  • RBA to invest in Chinese yuan AAP - Wed, Apr 24, 2013 4:25 PM AEST

    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 ...

  • QE won't lock in an inflationary surge AAP - Wed, Apr 24, 2013 12:28 PM AEST

    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 ...

  • Aust bonds weaken as stocks rally AAP - Wed, Apr 24, 2013 9:27 AM AEST

    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 ...

  • $A bounces back from six-week low AAP - Wed, Apr 24, 2013 7:40 AM AEST

    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 ...

  • 2 Primary Pairs Teetering at Critical Levels DailyFX - Wed, Apr 24, 2013 1:47 AM AEST

    2 Primary Pairs Teetering at Critical Levels

Company Finances

  • Joe Ludwig launches national food plan to grow industry ABC - 17 hours ago

    Federal Agriculture Minister Joe Ludwig has unveiled a new plan designed to grow the local food industry and put Australia on the world food map. First promised in the 2010 election campaign, the includes ...

  • Gillard resists call for car tariff rise AAP - Fri, May 24, 2013 3:16 PM AEST

    Prime Minister Julia Gillard is resisting pressure from unions and Labor MPs to raise tariffs or significantly boost industry assistance after Ford's decision to stop making cars in Australia. Ford says ...

  • Local production costs high: Holden boss AAP - Fri, May 24, 2013 10:46 AM AEST
    Local production costs high: Holden boss

    The cost of making cars in Australia is high and the loss of manufacturing by Ford should focus attention on the industry, says Holden boss Mike Devereux. GM Holden's chairman and managing director said ...

  • PM Julia Gillard rejects calls to raise import tariffs as car industry struggles for survival after Ford … ABC - Fri, May 24, 2013 8:29 AM AEST

    Prime Minister Julia Gillard has stared down backbench calls for an increase in tariffs on imported cars in the wake of Ford's . Labor backbenchers Darren Cheeseman, Nick Champion and Doug Cameron say ...

  • Nine parties interested in troubled Trims ABC - Fri, May 24, 2013 7:51 AM AEST
    Nine parties interested in troubled Trims

    Management of Adelaide clothing retailer Trims said some high-profile buyers had shown interest in the troubled business. Run by the Trim family for more than 75 years, the retailer went into voluntary ...

  • Yahoo! buys startup specializing in online games AFP - Thu, May 23, 2013 5:49 PM AEST
    Yahoo! buys startup specializing in online games

    Yahoo! pressed on with its shopping spree on Thursday with the acquisition of a startup that powers games played on smartphones, tablets, consoles or personal computers. Word that Yahoo! has bought Northern ...

  • Nissan says to recall 841,000 cars over steering glitch AFP - Thu, May 23, 2013 4:22 PM AEST
    Nissan says to recall 841,000 cars over steering glitch

    Japan's number two carmaker Nissan said Thursday it would recall some 841,000 compact cars worldwide due to a steering wheel problem. The recall will cover the Micra, known as the March in some markets, ...

  • Samsung sells more than 10 mn Galaxy S4 smartphones AFP - Thu, May 23, 2013 4:20 PM AEST
    Samsung sells more than 10 mn Galaxy S4 smartphones

    South Korea's Samsung Electronics said Thursday its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping 10 million units globally less than a month after its debut. A company ...

  • Nick Cave to sing Barossa's praises ABC - Thu, May 23, 2013 12:38 PM AEST
    Nick Cave to sing Barossa's praises

    A $6 million tourism campaign has been launched to promote the Barossa Valley as the nation's top food and wine destination. The advertisement features a soundtrack by Australian singer Nick Cave and will ...

  • Nissan to recall 841,000 cars over steering glitch AFP - Thu, May 23, 2013 9:16 AM AEST
    Nissan to recall 841,000 cars over steering glitch

    Japan's number two carmaker Nissan said Thursday it would recall some 841,000 compact cars worldwide due to a steering wheel glitch. The recall will cover the Micra, known as the March in some markets, ...