Monday 9 February 2015

Finance news you need to know today

THE Australian dollar has slipped back below 78 US cents on the back of better-than-expected jobs figures out of the US. 

A British retailer has launched a carton of guaranteed double yolk eggs — despite the probability of finding just one being one in 1000.

At 0630 AEDT on Monday, the local currency was trading at 77.70 US cents, down from 78.41 cents on Friday.

And the Australian share market looks set to open slightly higher despite Wall Street losing ground after US stocks initially lifted on good jobs figures.

At 0645 AEDT on Monday, the March share price index futures contract was up six points at 5,758.

ELSEWHERE:

ATHENS — New Greek Prime Minister Alexis Tsipras says Athens doesn’t want an extension of its bailout but insisted on the need for a “bridge program” that would buy the country time to negotiate a new deal.

ATHENS — Greece’s economy minister Georges Stathakis has denied the debt-laden nation might run out of cash next month because of lower than expected tax receipts.

LONDON — Greece will have to leave the eurozone sooner or later, the former head of the United States central bank Alan Greenspan says.

BEIJING — China’s trade surplus rose 88 per cent to reach 367 billion yuan in January, as the country’s imports declined more rapidly than its exports, official data says.

LONDON — A British retailer has launched a carton of guaranteed double yolk eggs — despite the probability of finding just one being one in 1000.

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