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Business News / Afternoon Edition
Business News       Markets       Quotes       Money       Innovations       Small Business       Executive Style
Wednesday, 30 April 2008
Origin in $13b power play Origin Energy Origin shares surge after power retailer receives a takeover proposal from British utility BG Group.  
All Ordinaries at 3:15 PM EST, 30 Apr 2008 5663.3- 9.3(- 0.16) Charts & index detail | Top Movers | More indices
Around the market at 3:15 PM EST, 30 Apr 2008
Nasdaq 2426.1 + 1.7 + 0.07%
CAC 50.12 + 0.0 + 0.0%
Hang Seng 25867.2 - 46.95 - 0.18%
NZX 3630.08 + 24.51 + 0.68%
More market data, foreign exchange, share prices
Business Update More Business
Michael West: Asciano, cap in hand Michael West Asciano boss Mark Rowsthorn will be heartened by the success of the recent Wesfarmers issue as he works out the best way to raise capital.

Rate rises begin to bite The economic effects of higher interest rates are finally emerging, as the credit obsession of Australians begins to weaken.

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Market News More Market News
ASX: Shares remain weaker Stocks drop for eighth session The Australian stock market is lower following a weak lead from Wall Street. Wall Street ends little changed US stocks are little changed as setbacks for two drugs weigh down the pharmaceutical sector, offsetting the relief from a retreat in record high crude oil prices. Australian dollar slightly weaker The Australian dollar opens marginally weaker after an influential business survey's gloomy readings make traders reassess the possibility of further interest rate rises.
Columnists More Columnists
Elizabeth Knight: A reason for the busily engaged signal Elizabeth Knight The decision by NAB's chief executive, John Stewart, to join the board of Telstra is a bizarre one. Ross Gittins: Unusually relaxed about migration Ross Gittins 2008-01 I have a feeling we'll remember John Howard got thrown out at a time of growing dissatisfaction with the state of our economic lives.
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Today's Top 5 Business Articles
  1. Unusually relaxed about migration
  2. Tide turns on gin palaces
  3. Origin in $13b power play
  4. Optus on attack over broadband
  5. Asciano, cap in hand

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