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	<title>News Feed &#187; Australia Economy</title>
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		<title>Overnight Market News – June 2, 2010</title>
		<link>http://www.news-feed.com/2010/06/02/overnight-market-news-%e2%80%93-june-2-2010/</link>
		<comments>http://www.news-feed.com/2010/06/02/overnight-market-news-%e2%80%93-june-2-2010/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 15:51:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Australia Economy]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=1608</guid>
		<description><![CDATA[Prudential Financial Inc Ends USD 35.5B Bid to Takeover American International Group Inc’s Asia Unit Google Inc Expects to Release its Chrome Operating System (OS) for Computers in Late Fall in an Effort to Rival Microsoft Corp’s Windows OS Telefonica SA Raises Offer for Portugal’s Telecom SA’s Indirect Stake in Vivo Participacoes SA to EUR [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>Prudential Financial Inc Ends USD 35.5B Bid to Takeover American International Group Inc’s Asia Unit</li>
<li>Google Inc Expects to Release its Chrome Operating System (OS) for Computers in Late Fall in an Effort to Rival Microsoft Corp’s Windows OS</li>
<li>Telefonica SA Raises Offer for Portugal’s Telecom SA’s Indirect Stake in Vivo Participacoes SA to EUR 6.5B from EUR 5.7B</li>
<li>Australia’s Economy Expands for Fifth  Consecutive Quarter as Gross Domestic Product Rises 0.5% in the First Three Months of 2010</li>
<li>Reliance Industries Ltd Looks Into Reviving Plans to Build a Chemical Plant as India’s Demand for Raw Materials for Plastics, Textiles and Drugs Surges</li>
<li>Tata Teleservices Ltd Plans to Raise as Much as USD 425mm of Debt to Expand its Wireless Network</li>
<li>Crude Oil Stands at USD 72.25 per Barrel</li>
<li>Ethanol Stands at USD 1.60 per Gallon</li>
<li>Natural Gas Stands at USD 4.27 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 1,223.60 per Troy Ounce</li>
<li>Dow Jones Industrial Average Falls 112.61 Points (-1.11%) to 10,024.02</li>
<li>London FTSE Index Falls 45.28 Points (-0.88%) to 5,118.02</li>
<li>Japan Nikkei Index Falls 108.59 Points (-1.12%) to 9,603.24</li>
<li>Hong Kong Hang Seng Index Falls 25.15 Points (-0.13%) to 19,471.80</li>
<li>Brazil Bovespa Index Falls 1,205.52 Points (-1.91%) to 61,840.99</li>
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		<item>
		<title>Overnight Market News &#8211; March 3, 2010</title>
		<link>http://www.news-feed.com/2010/03/03/overnight-market-news-march-3-2010/</link>
		<comments>http://www.news-feed.com/2010/03/03/overnight-market-news-march-3-2010/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 14:44:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Australia Economy]]></category>
		<category><![CDATA[Costco]]></category>
		<category><![CDATA[Costco Profit]]></category>
		<category><![CDATA[Greece Austerity Program]]></category>
		<category><![CDATA[Greece Budget Deficit]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=1459</guid>
		<description><![CDATA[Greece’s Cabinet Agrees to EUR 4.8B Austerity Programme Aimed at Reducing its Budget Deficit Trough Tax Hikes and Spending Reductions Costco Wholesale Corp Second Quarter Net Profit Rises 25% to USD 299mm on Increased Sales from its International Operations Australia’s Economy Grows in the Fourth Quarter of 2009 by 0.9% from the Prior Quarter, its [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>Greece’s Cabinet Agrees to EUR 4.8B Austerity Programme Aimed at Reducing its Budget Deficit Trough Tax Hikes and Spending Reductions</li>
<li>Costco Wholesale Corp Second Quarter Net Profit Rises 25% to USD 299mm on Increased Sales from its International Operations</li>
<li>Australia’s Economy Grows in the Fourth Quarter of 2009 by 0.9% from the Prior Quarter, its Largest Quarterly Gain Since March 2008</li>
<li>Mitsubishi Motors Corp and PSA Peugeot Citroen End Talks on Capital Alliance, But Will Instead Seek to Expand their Current Partnership</li>
<li>Crude Oil Stands at USD 79.91 per Barrel</li>
<li>Ethanol Stands at USD 1.78 per Gallon</li>
<li>Natural Gas Stands at USD 4.71 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 1,137.20 per Troy Ounce</li>
<li>Dow Jones Industrial Average Rises 2.19 Points (0.02%)</li>
<li>London FTSE Index Falls 3.73 Points (-0.07%)</li>
<li>Japan Nikkei Index Rises 31.30 Points (0.31%)</li>
<li>Hong Kong Hang Seng Index Falls 29.32 Points (-0.14%)</li>
<li>Brazil Bovespa Index Rises 551.23 Points (0.82%)</li>
</ul>
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		<title>Overnight Market News &#8211; November 6, 2009</title>
		<link>http://www.news-feed.com/2009/11/06/overnight-market-news-november-6-2009/</link>
		<comments>http://www.news-feed.com/2009/11/06/overnight-market-news-november-6-2009/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 12:50:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Australia Economy]]></category>
		<category><![CDATA[British Airways]]></category>
		<category><![CDATA[British Airways Loss]]></category>
		<category><![CDATA[CBS Corp]]></category>
		<category><![CDATA[CBS Profit]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Fannie Mae Bailout Funds]]></category>
		<category><![CDATA[Fannie Mae Losses]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[Reserve Bank of Australia]]></category>
		<category><![CDATA[Royal Bank of Scotland]]></category>
		<category><![CDATA[Royal Bank of Scotland Loss]]></category>
		<category><![CDATA[US Labour Department Unemployment Report]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=1236</guid>
		<description><![CDATA[Today’s US Labour Department Report Likely to Show Unemployment Rose to Annual Rate of 9.9% on 175,000 Job Losses in October British Airways PLC Records Worst First Half Performance in History with Pre-Tax Loss of GBP 292mm versus Pre-Tax Profit of GBP 52mm a Year Ago Royal Bank of Scotland Group PLC Swings to Third [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>Today’s US Labour Department Report Likely to Show Unemployment Rose to Annual Rate of 9.9% on 175,000 Job Losses in October</li>
<li>British Airways PLC Records Worst First Half Performance in History with Pre-Tax Loss of GBP 292mm versus Pre-Tax Profit of GBP 52mm a Year Ago</li>
<li>Royal Bank of Scotland Group PLC Swings to Third Quarter Net Loss of GBP 1.8B from Net Profit of GBP 871mm on Provision for Bad Loans and Credit Market Writedowns</li>
<li>Fannie Mae Seeks Additional USD 15B in Bailout Funds from US Treasury Department After Announcing Losses of USD 18.9B in Third Quarter, Bringing its Total Borrowings of Tax Payer Money to USD 60B</li>
<li>Reserve Bank of Australia Says Economy Growing at Faster-Than-Expected Pace, Raises 2009 and 2101 Growth Forecast to 1.75% and 3.25% from 0.5% and 2.25% Respectively</li>
<li>CBS Corp Returns to Profit in Third Quarter as Television Revenue Grew on Syndication Sales, Net Income Rose to USD 207.6mm, Up from Loss of USD 12.46B</li>
<li>Crude Oil Stands at USD 79.85 per Barrel</li>
<li>Ethanol Stands at USD 1.98 per Gallon</li>
<li>Natural Gas Stands at USD 4.72 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 1,093.60 per Troy Ounce</li>
<li>Dow Jones Industrial Average Rises 203.82 Points (2.08%)</li>
<li>London FTSE Index Rises 9.28 Points (0.18%)</li>
<li>Japan Nikkei Index Rises 71.91 Points (0.74%)</li>
<li>Hong Kong Hang Seng Index Rises 350.64 Points (1.63%)</li>
<li>Brazil Bovespa Index Rises 903.15 Points (1.41%)</li>
</ul>
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		</item>
		<item>
		<title>Overnight Market News &#8211; September 2, 2009</title>
		<link>http://www.news-feed.com/2009/09/02/overnight-market-news-september-2-2009/</link>
		<comments>http://www.news-feed.com/2009/09/02/overnight-market-news-september-2-2009/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 17:22:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Australia Economy]]></category>
		<category><![CDATA[BP PLC]]></category>
		<category><![CDATA[European Consumer Spending]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[US Media Market]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=940</guid>
		<description><![CDATA[Wells Fargo &#38; Co Plans to Repay US Government USD 25B in Bailout Funds Shortly, Without Additional Stock Offering BP Plc Announces “Giant” Oil Find in Gulf of Mexico, Details on Size and Commerciality of the Discovery are Still Undetermined General Motors Corp’s Reports its China Vehicle Sales in August Jumped 112.7% to 152,365 Units [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>Wells Fargo &amp; Co Plans to Repay US Government USD 25B in Bailout Funds Shortly, Without  Additional Stock Offering</li>
<li>BP Plc Announces “Giant” Oil Find in Gulf of Mexico, Details on Size and Commerciality of the Discovery are Still Undetermined</li>
<li>General Motors Corp’s Reports its China Vehicle Sales in August Jumped 112.7% to 152,365  Units Year-Over-Year, Paves Way for More Than 40% Increase for Full Year</li>
<li>European Consumer Spending Rises for First Time in Over a Year by 0.2% in Q02 2009 from Prior Quarter, Exports Fall 1.1% from 8.8% Drop in Q01 2009</li>
<li>Australia Economy Grows More-Than-Expected In Second Quarter Expanding 0.6% from Previous Quarter on Increases in Business Investment and Household Consumption</li>
<li>US Media Market Loses More Than USD 10B in Advertising Revenue for First Half of Year as Companies Cut Spending</li>
<li>Crude Oil Stands at USD 68.75 per Barrel</li>
<li>Ethanol Stands at USD 1.65 per Gallon</li>
<li>Natural Gas Stands at USD 2.86 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 957.60 per Troy Ounce</li>
<li>Dow Jones Industrial Average Falls 185.68 Points (-1.96%)</li>
<li>London FTSE Index Falls 6.44 Points (-0.13%)</li>
<li>Japan Nikkei Index Falls 249.60 Points (-2.37%%)</li>
<li>Hong Kong Hang Seng Index Falls 350.30 Points (-1.76%)</li>
<li>Brazil Bovespa Index Falls 674.02Points (-1.19%)</li>
</ul>
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