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The Supreme Court of New Zealand has granted Western Australia-based Alesco Corp the right to challenge a tax avoidance ruling over its use of securities with the characteristics of both equity and
US stocks have ended higher as investors look forward to the kickoff of earnings season.The Dow Jones Industrial Average rose 88.85 (0.59 per cent) to 15,224.69.
The price of silver has plunged quicker than that of gold since Federal Reserve boss Bernard Bernanke's positive comments on the US economy three weeks ago.
The corporate watchdog will monitor analysts' briefings during the upcoming reporting season after launching an investigation into Newcrest Mining's disclosure of a $6 billion writedown.
The Australian dollar this week could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback.
The Australian dollar is higher after the Bank of England and the European Central Bank pledged to keep their interest rates low for an extended period to support growth.
European shares prices have rallied and the euro has plummeted against the US dollar after the eurozone and British central banks signalled that easy-money policies to stimulate growth will continu
Australian shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies.
A coalition government wouldn't fund urban rail projects in Western Australia and would instead back roads, Opposition Leader Tony Abbott has confirmed.
US stocks have closed higher in shortened pre-July 4th holiday trade helped by fresh jobs data, while turmoil in Egypt and Portugal had no significant impact on the markets.