NAB's 3-year bond issue sees over A$1 bln of orders National Australia Bank (NAB), the nation's top lender, has already received over A$1 billion ($702 million) worth of orders for its three-year senior bond, two market sources familiar with the issue said on Wednesday. 29 Apr 2009
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Business confidence 'improves in NZ' According to the latest National Bank Business Outlook survey, business confidence showed a marked improvement in April. 29 Apr 2009
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Fortescue sees FY09 sales down 15% on earlier f'cast Australian iron ore miner Fortescue Metals Group on Wednesday revised down its full-year sales forecast by 15 percent to 26 million tonnes following heavy rains in the March quarter. 29 Apr 2009
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Australia watchdog rejects Telstra's network fee Australia's competition watchdog on Tuesday rejected a bid by dominant telecoms firm Telstra to charge its rivals a monthly charge of A$30 ($21.40) for use of the company's copper-wire network to households. 29 Apr 2009
NAB's bad debts rise further, outlook bearish National Australia Bank (NAB), the nation's biggest lender, reported on Tuesday a 9.4 percent fall in first-half cash profit, a dividend-cut and higher bad-debt charges as it warned investors that worse was to come. 28 Apr 2009
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Holden's Elizabeth car plant faces an uncertain future In aims to meet a June 1 deadline to revamp its business, GM is scrapping its long-running Pontiac brand and axing 21,000 US jobs, in a statement made by the company. 28 Apr 2009
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China's economy bottoms out If the latest slew of positive data is an indication, then the worst might be over for the one of the world's biggest economies. 27 Apr 2009
