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Fortis Health receives AUSD 270.38 mn from divestment
May 24, 2013 at 14:03 | Source: Moneycontrol.com
The Supreme Court of Victoria on May 24, 2013 approved the Scheme of Arrangement for Bupa Australia Health Pty to complete its full acquisition of Dental Corporation Holdings and consequently, Bupa will acquire 100% of the shares in Dental Corp. Fortis Healthcare International, step down subsidiary of Fortis Healthcare, will receive AUSD 270.38mn.
GMC Inspire to improve PostConnect communication capability
May 24, 2013 at 13:31 | Source: Business Wire India
GMC Software Technology, announces that through its partner ReDigital, has entered into a contract with PostConnect, the end-to-end data, insight and multichannel communications business of Australia Post, to provide the firm with its advanced customer multichannel communication management tool GMC Inspire.
Neutral on India with positive bias: Morgan Stanley
May 24, 2013 at 13:15 | Source: CNBC-TV18
Equities are our preferred asset class as they are quite reasonably valued now, Jonathan Garner of Morgan Stanley said.
Come on, give the Aussie dollar a break: pros
May 23, 2013 at 17:21 | Source: CNBC
The Aussie dollar has shed almost five percent in the past two weeks against the US dollar, hurt by signs of weakness in the Australian and Chinese economies, broad strength in the greenback and a continued fall in commodity prices. It is down roughly eight percent from where it traded in early April.
Are reluctant consumers Australia's next headwind?
May 22, 2013 at 16:32 | Source: CNBC
The Westpac-Melbourne Institute`s index of consumer sentiment fell 7 percent month on month in May accelerating from the 5.1 percent decline in April.
Australia stock rally showing signs of fatigue
May 20, 2013 at 16:35 | Source: CNBC
The rally in Aussie equities (ASX: .AXJO-AU) is threatened by high valuations and the unwinding of defensive plays like banks and telcos, which have in the first place fueled this bull run.

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News Corp to take charge of up to $1.4 billion this quarter
REUTERS - News Corp (NWSA.O) said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its n...
May 25, 2013 at 06:15 | Source: FirstPost
Gold faces more pressure as inflation stays tame
LONDON (Reuters) - Gold prices are looking even more vulnerable after April's price crash, as rampant inflation expected from successive rounds of monetary easing fails to materialise.The idea that re...
May 25, 2013 at 03:00 | Source: FirstPost
Stimulus fears continue to haunt global markets
World stocks edged lower on Friday, a day after markets around the world dropped sharply on concerns global growth is slowing and the Federal Reserve could start scaling back its monetary stimulus.Ja...
May 25, 2013 at 00:57 | Source: Business Today
Australian court clears Fortis's Rs1,452-cr sale of Dental Corp to Bupa
Fortis Healthcare Ltd, India's largest hospital chain, today said that an Australian court has cleared its A$270 million (Rs1,452 crore) sale of its Australian subsidiary Dental Corp Holdings Ltd, to...
May 24, 2013 at 21:32 | Source: DomainB
Japanese shares rebound from 2-1/2-year lows
Japanese shares bounced back in volatile trading after the biggest decline since the 2011 earthquake, while stock markets elsewhere in Asia extended losses from the biggest decline in a year and a ha...
May 24, 2013 at 21:32 | Source: DomainB
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