HEALTH

How will Asian markets perform in the coming days?

Asian regional markets are mixed in the last hours of trading in Australia, Singapore, and Japan as investors kept a "wait and see" attitude and bearish sentiments spilled from European and U.S. markets.

Treasurer Swan not so keen of ASX-SGX merger

Singapore Exchange Ltd (SGX) has been informed that there is a big possibility that its proposal to $8.4-billion take over the local Australian bourse will be rejected by Australian Treasurer Wayne Swan.

Australia, Singapore: Least Tainted with Corruption--survey

Dealing with the government and private sector in countries Australia and Singapore were perceived to be the least tainted with corruption, a new survey made by Hong Kong-based Political & Economic Risk Consultancy, Ltd.'s (PERC) latest Asian Intelligence report indicated.
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EMS clarifies director share sale

Eastland Medical Systems Ltd (ASX:EMS) says its non-executive director Michael Stewart remains committed to the company even after disposing 6.67 million shares in the medical products firm just before Christmas.
Sharon Olalia Jan 04, 2011

ACCC approves Aspen bid for Sigma

The Australian competition watchdog has given the go-ahead to South African-based Aspen Pharmacare Holdings to buy Sigma Pharmaceuticals Ltd (ASX:SIP) pharmaceutical's division for $900 million.
Sharon Olalia Dec 17, 2010

Sigma, Aspen reach formal agreement on 900m deal

Sigma Pharmaceuticals (ASX: SIP) says it has now reached formal agreement with Aspen Pharmacare Holdings Ltd group of companies on the terms and conditions of the sale and the ongoing relationship between them. On August 16, 2010, Sigma announced that it had agreed in principle to sell its pharmaceuticals division to Aspen for A$900 million.
Sharon Olalia Nov 23, 2010

ACCC scrutinises SGX $8-B takeover of ASX

The Australian Competition & Consumer Commission will carefully scrutinise the proposed takeover of ASX Ltd. by Singapore Exchange Ltd.
Christine Gaylican Nov 11, 2010

ACCC: Qantas execs can be jailed for alleged cartel

The Australian Competition and Consumer Commission warned executives of Qantas Airlines Ltd. that it maybe criminally liable for an alleged involvement in a price-fixing cartel along with 11 other air cargo companies fined by the European Commission.
Christine Gaylican Nov 10, 2010

Australia wins best health building in the world

BVN Architecture, one of Australia's largest architectural practices with offices in Brisbane, Sydney, Canberra and Melbourne, won the Health Category award at the World Architecture Festival (WAF) this evening (Wednesday 3 November) in Barcelona for the Youth Mental Health Building at the Brain and Mind Research Institute (BMRI) in Camperdown, Sydney.
Sharon Olalia Nov 04, 2010

How the best approach in customer service works

Strativity Group, a leading provider of customer experience services, today announced it has opened an office in Sydney to support growing interest from Australian and New Zealand organisations in adopting customer-centric approaches and proactively managing their customer experiences.
Christine Gaylican Nov 03, 2010

ASX rival Chi-X Global keen to launch in March 2011

Chi-X Global Inc. is still set to work towards launching in March 2011, in spite the growing threat of a tougher competitive environment with the bid takeover of the Singaporean bourse of rival ASX Ltd.
Christine Gaylican Oct 25, 2010

Perpetual gets A$1.78B offer from NY firm

A New York-based private equity firm has offered to acquire Australia's Perpetual Ltd. (ASX: PPT) for A$1.75 billion to take advantage of the higher yielding assets available.
Christine Gaylican Oct 19, 2010

Stocks starts flat, commodities promising

Australia's S&P/ASX 200 is expected to ease from its early rally this week, as investors are wary of China's economic performance. Analysts said though there will be a positive push from the turn of events in the US with the Federal Reserve's decision to temper its fiscal policy, this will not easily avert the dampened mood that may set in today.
Christine Gaylican Oct 13, 2010

Australia to set a price on coal pollution

As the country struggles to retain its global competitiveness but retaining its current energy production levels to sustain local industries, the Australian Parliament has chosen to put a price on coal emissions.
Christine Gaylican Oct 12, 2010

Local stocks down on profit taking

Local stocks pulled back slightly today, but still mirrored the weakness of Wall Street as the benchmark S&P/ASX200 index was down 10 points, or 0.21 per cent, at 4,681.3 points, while the broader All Ordinaries index had eased 5.9 points, or 0.12 per cent, to 4,740.3 points.
Christine Gaylican Oct 08, 2010

NIB asks health fund GMHBA to reconsider $140m bid

Private health insurer NIB Holdings Ltd is hoping members of takeover target GMHBA will pressure its board to give a more serious consideration to NIB's $140 million offer.
Sharon Olalia Oct 07, 2010

Health insurance firm posts profit

The nation’s largest provider of integrated health insurance and health solutions humbly presented a full-year net profit before tax of $380 million, but expected premium increases to stay below the industry average.
Admin System Oct 01, 2010

World's first dengue control experiments in January

Testing of a dengue control experiment will be conducted first in Cairns this January. The experiment comes as the only solution to the rising cases of dengue infection in Australia's favorite tropical holiday destination in far north Queensland.
Admin System Oct 01, 2010

Bonsoy faces multi-million-dollar class suit

Spiral Foods Proprietary Limited is pulled to the court room for distributing soy milk products that allegedly caused people to suffer from thyroid problems.
Admin System Oct 01, 2010

Long wait for Sigma shareholders

The new director of Sigma Pharmaceutical Limited (ASX: SIP) warned of a 12 month recovery period for the company.
Admin System Sep 30, 2010

All natural label ripped off from ice cream

The Center for Science in the Public Interest (CSPI) and ice cream company Ben and Jerry settled for dropping the phrase 'all natural' from all product labels.
Admin System Sep 28, 2010

WA hospital union demands pay hike

The Liquor Hospitality and Miscellaneous Workers Union (LHMU) insists on a reasonable pay increase in order to end the work-to-rule ban in hospitals across Western Australia.
Admin System Sep 16, 2010

FIRB gives the go-ahead to Healthscope takeover

The Foreign Investment Review Board (FIRB) has given private equity firms The Carlyle Group and TPG Capital the green light to takeover health provider Healthscope Ltd (ASX:HSP).
Sharon Olalia Sep 14, 2010

Flu drug approval sends Biota shares up 20%

Melbourne drug developer Biota Holdings (ASX:BTA) has soared more than 20 per cent on reports its Japanese partner has been given the go-ahead to sell an influenza drug.
Sharon Olalia Sep 13, 2010

ACT Health warns food business

The Australian Central Territory (ACT) Health is using an ACT Supreme Court decision as a warning to the food and beverage industry.
Admin System Sep 10, 2010

Broadvector focuses on prostate cancer, hip replacements

The biotechnology company is floating $8.5 million today after submitting a prospectus with the Australian Securities and Investments Commission. The investment proposal covers the clinical development of a new prostate cancer therapy and a second therapy to improve the longevity of hip replacements.
Admin System Sep 06, 2010

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