Australia, N.Z. Dollars Fall With Equities on Recession Concern
The Australian and New Zealand dollars declined as Asian stocks fell for a fourth day, damping demand for higher-yielding assets. The currencies weakened as reports showed U.S. home prices plunged at the fastest pace in at least four decades and confidence among Japanese manufacturers declined the most on record. A deepening global recession may lead [...]
Kerrin McEvoy on hot streak
INTERNATIONAL jockey Kerrin McEvoy proved he had re-adjusted to Australian racing with a brilliant winning treble at Rosehill. The hoop’s great day in the saddle followed a Boxing Day double at Randwick courtesy of Serenissima and Referees, both for Darley Australia’s head trainer, Peter Snowden. McEvoy landed the treble and a race-to-race double on the [...]
Hard choices for soft drinks manufacturer Coca-Cola
THE Coca-Cola Company (TCCC), a soft drinks giant based in Atlanta, is poised to make two decisions over the next three months that will have profound implications for the future of the Australian beverages industry. The first relates to an agreement signed a decade ago with global food giant Cadbury, which gives TCCC a pre-emptive [...]
Lleyton Hewitt and Casey Dellacqua to lead Australia
CASEY Dellacqua will unleash a new service action next week, which, she hopes, will preserve her career. Just when Australian tennis needed a shot of optimism, Lleyton Hewitt and Dellacqua will team to make their comebacks at next week’s Hopman Cup in Perth. Hewitt returns to court for the first time since hip surgery in [...]
Shark horror: snorkeller dead, kayakers menaced
THIS is the horrifying moment when a giant shark menaced kayakers off Sydney yesterday. White pointers caused terror on opposite sides of Australia yesterday, with snorkeller Brian Guest killed as he swam with his son at a beach near Perth. Sydney paddlers Justin Stanger and Steve Kulscar were lucky to survive, with Mr Kulscar falling [...]
Australia to maintain Iraq presence
SYDNEY, Australia (AP) — Australia says it will maintain its military presence in Iraq until at least the middle of next year. Defense Minister Joel Fitzgibbon says he has welcomed an Iraqi parliamentary resolution authorizing foreign troops to remain in the Gulf nation until the end of July 2009. Fitzgibbon said Wednesday it would be [...]
Josiah wins his third successive race in Australia
KUALA LUMPUR: Josiah Ng chose to race instead of taking a Christmas break and it paid off with a third successive win in the Latrobe Carnival in Tasmania yesterday. Josiah got the better of Australian national team rider Jason Niblett and his Melbourne-based Malaysian team-mate, Azizul Hasni Awang, in the keirin final. Another member of [...]
Clarke proves he has mettle to lead
IF there was ever any doubt that Michael Clarke would be Australia’s next captain, he dispelled it with the most cool and calculating Test innings of his life at the MCG. Clarke has expensive tastes – buying fiancee Lara Bingle a $300,000 Aston Martin for Christmas – but he also has common sense in spades. [...]
Perth