THE Australian dollar has slipped back below 78 US cents as the US dollar regain its strength.
At 0630 AEDT on Wednesday, the local currency was trading at 77.67 US cents, down from 78.22 cents on Tuesday.
And the Australian share market looks set to open higher following gains most international markets on hopes of a Greek debt breakthrough deal.
At 0645 AEDT on Wednesday, the March share price index futures contract was up 26 points at 5,778.
ELSEWHERE:
LONDON — Britain’s financial regulator has admitted it had no knowledge of an investigation by tax authorities into allegations that banking giant HSBC helped wealthy customers dodge millions of dollars in taxes.
ATHENS — The Greek stock exchange has jumped 8.0 per cent after the new government revealed that it has a 10-point plan to convince sceptical creditors to ease the country’s bailout obligations.
ISTANBUL — The world’s top 20 economies have expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods and how best to overcome the Greek debt crisis.
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NEW YORK — Oil and
gas drilling services company Halliburton says it will eliminate at
least 5,000 jobs in response to falling oil prices.
LONDON — Broadcasters Sky and BT have won the UK television rights to broadcast Premier League football games in 2016-2019 for a record STG5.1 billion ($A9.94 billion).
NEW YORK — Activist shareholders are seeking $US8 billion ($A10 billion) in share buybacks and a board seat at General Motors, the US car giant says.
ATLANTA — Coca-Cola’s profit fell in the fourth quarter, hurt by unfavourable currency exchange rates and expenses related with its cost-cutting plan.
 |
| The world’s top 20 economies have expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods and how best to overcome the Greek debt crisis. |
At 0630 AEDT on Wednesday, the local currency was trading at 77.67 US cents, down from 78.22 cents on Tuesday.
And the Australian share market looks set to open higher following gains most international markets on hopes of a Greek debt breakthrough deal.
At 0645 AEDT on Wednesday, the March share price index futures contract was up 26 points at 5,778.
ELSEWHERE:
LONDON — Britain’s financial regulator has admitted it had no knowledge of an investigation by tax authorities into allegations that banking giant HSBC helped wealthy customers dodge millions of dollars in taxes.
ATHENS — The Greek stock exchange has jumped 8.0 per cent after the new government revealed that it has a 10-point plan to convince sceptical creditors to ease the country’s bailout obligations.
ISTANBUL — The world’s top 20 economies have expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods and how best to overcome the Greek debt crisis.
LONDON — Broadcasters Sky and BT have won the UK television rights to broadcast Premier League football games in 2016-2019 for a record STG5.1 billion ($A9.94 billion).
NEW YORK — Activist shareholders are seeking $US8 billion ($A10 billion) in share buybacks and a board seat at General Motors, the US car giant says.
ATLANTA — Coca-Cola’s profit fell in the fourth quarter, hurt by unfavourable currency exchange rates and expenses related with its cost-cutting plan.
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