Pauline's Feed
Jul 7, 2015

Australia shares bounce 1.7 pct after selloff, Greece still a worry

SYDNEY/WELLINGTON, July 7 (Reuters) – Australian shares
rebounded 1.7 percent on Tuesday on broad-based gains following
two-losing sessions, as investors sought to buy stocks cheapened
by the debt crisis in Greece.

The S&P/ASX 200 index rose 99.9 points to 5,574 by
0211 GMT, it’s biggest daily percentage gain in 3-1/2 months.
The benchmark fell 1.1 percent for its second day of losses on

Jun 29, 2015

Australia shares tumble 2 pct as Greek anxiety takes toll

SYDNEY/WELLINGTON, June 29 (Reuters) – Australian shares
skidded 2 percent on Monday, wiping out nearly all of this
year’s gains, as investors bailed out from riskier assets on
concerns about prospect of a Greek debt default after it failed
to strike a deal with its lenders.

Greece will keep its banks closed on Monday and implement
capital controls after international creditors refused to budge
on bailout terms.

Jun 24, 2015

Australia shares edge up, banks lend support

SYDNEY/WELLINGTON, June 24 (Reuters) – Australian shares
rose 0.2 percent, trading narrowly on Wednesday as some
investors picked up banking shares after a heavy sell-off in
previous sessions.

Progress towards a Greek deal combined with the Federal
Reserve governor’s comments about a possible rate hike in
September have investors in a holding pattern.

Jun 12, 2015

Australia shares touch lower on Greek nerves; banks, resources down

SYDNEY/WELLINGTON, June 12 (Reuters) – Australian shares
barely moved on Friday and struggled to add to the previous
session’s solid gains as banks and resources dropped while
nervousness over Greece’s debt talks depressed sentiment.

The S&P/ASX 200 index slipped 0.14 percent, or 7.75
points, to 5,548.9 by 0303 GMT. The benchmark rose 1.4 percent
on Thursday, its biggest percentage gain in six weeks.

Jun 3, 2015

Australia shares set for third day of losses, banks drag

SYDNEY/WELLINGTON, June 3 (Reuters) – Australian shares
extended losses for a third day, defying better-than-expected
GDP data and a jump in iron ore prices, as investors dumped
shares to buy bonds after U.S. and European bond yields surge.

The S&P/ASX 200 index dropped 1 percent, or 58.7
points to 5,577.3 by 0313 GMT, after GDP data rose 0.9 percent
in the first quarter.

May 29, 2015

Australia shares strengthen on month-end settlements

SYDNEY/WELLINGTON, May 29 (Reuters) – Australian shares
returned to the black on Friday after two days of falls as
investors adopted a cautious “buy on dips” strategy with
broad-based gains across all sectors as the month came to a

Banks led Friday’s rally with the S&P/ASX 200 index
hitting a three week high, rising to 5,803.0 points in early
deals. By 0219 GMT, the benchmark was up 66.8 points or 1.2
percent to 5,779.9. It fell 0.2 percent on Thursday.

May 27, 2015

Fears of koala cull in crowded Australian colony

SYDNEY (Reuters) – An overcrowded colony of about 1,000 koalas in Australia is being assessed this week for possible ill health in a survey that could lead to a cull, raising objections from animal welfare lobbyists.

The Victorian state government is concerned many of the koalas may be undernourished because the colony at Cape Otway has grown even as the supply of the koalas’ staple diet of manna gum leaves has diminished.

Apr 10, 2015

Strong turnout in Australia for first glimpse at Apple Watch

SYDNEY/SAN FRANCISCO (Reuters) – Consumers in Australia flocked to Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) retail store in Sydney on Friday to get the world’s first up-close look at the tech giant’s new smartwatch, which the company expects will be its next runaway hit.

The Apple Watch, CEO Tim Cook’s first new major product, was available for pre-order online and to try out in stores – but not take home.

Feb 25, 2015

Aussie actor gets sugar rush from low-fat health foods

SYDNEY, Feb 25 (Reuters) – An Australian actor who set out
to expose hidden sugar in health food said he gained 8.5 kg (19
lb) and a paunch after a 60-day low-fat diet, including yoghurt,
cereal, muesli bars and juices.

Damon Gameau’s documentary, “That Sugar Film”, studies the
effect of consuming what it says is the average daily sugar
intake for Australian adults – the equivalent of 40 teaspoons -
on the human body.

Feb 17, 2015

Australian documentary unspools race riots dating back to 19th century

SYDNEY (Reuters) – A racist flare-up in a beachside Sydney suburb hit the global spotlight nine years ago, besmirching Australia’s reputation as a sun-drenched oasis wooing migrants from around the world.

A TV documentary attempts to show the alcohol-fueled riots of December 2005 were not an aberration and that racial tension in Australia had simmered long before the Cronulla Beach incident pitted white surfers against ethnic Lebanese youths.