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JB discounted as boss jumps ship

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JB HI-FI has announced that long-serving chief Richard Uechtritz will soon retire. The highly regarded Mr Uechtritz, who led a private equity consortium to seize control of the retailer in 2000 and then steered its successful public float in 2004, said he would step down in July or
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Taiwan’s Exports Climbed in January for Third Month (Update1) - Bloomberg.com

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Feb. 8 (Bloomberg) -- Taiwan’s exports climbed for a third month in January as holiday spending in China before the New Year fueled demand for the island’s computers and mobile phones. The rise in overseas sales, which make up more than half of the economy , adds to signs that Taiwan is
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Irish Building Industry Rate of Decline Eases, Ulster Bank Says

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By Louisa Fahy An index tracking construction improved to 36.1 last month, the highest since August, from 33.1 in December, Ulster Bank Ltd. said in a report published today. A reading below 50 indicates contraction. Ireland’s economy is showing some signs of recovery as the
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Parts of banking sector still nervous

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AAP Parts of the banking sector are still nervous despite the passing of the worst of the global financial crisis, chairman of the Bendigo and Adelaide Bank Ltd Rob Johanson says. Mr Johanson told the ABC's Inside Business program that the world was not "out of the woods" yet. "I
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U.S. Dollar Extends Advance Ahead of Non-Farm Payrolls, Japanese Yen Gives Back

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Talking Points •    Japanese Yen: Losing Ground Following Yesterday’s Sharp Rally •    Pound: U.K. PPI Tops Forecast •    Euro: German Industrial Outputs Tumble Lower in December •    US Dollar: Non-Farm Payrolls, Consumer Credit on Tap U.S. Dollar Extends
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Australia"s economic recovery | Construction strongest in 2 years

Australia's construction industry rebounded strongly in January, a survey showed today, posting its best performance in two years as home building boomed and the commercial and engineering sectors enjoyed healthy growth. The survey of 200 firms by Australia Industry Group and the Housing

Trade data hint at negative impact on GDP growth | BOGS

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The latest monthly trade figures were close to expectations but suggest a continuing leakage of demand to foreign suppliers. The data from the Australian Bureau of Statistics today showed the goods and services deficit in December was $2.252 billion, seasonally adjusted. This was not
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Activity in services sector contracts

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The Australian Industry Group / Commonwealth Bank Performance of Services Index (PSI) fell by 2.6 points to 47.4 in January, below the 50 point level that separates expansion from contraction. The survey found that while activity in sales had lifted modestly in January, albeit at a
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Activity in services sector contracts

AAP The Australian Industry Group/Commonwealth Bank Performance of Services Index (PSI) fell by 2.6 points to 47.4 in January, below the 50 point level that separates expansion from contraction. The survey found that while activity in sales had lifted modestly in January, albeit at a slower

Services activity contracts - first time in four months

The Australian Industry Group/Commonwealth Bank Performance of Services Index fell by 2.6 points to 47.4 in January, below the 50 point level that separates expansion from contraction. The survey found that while activity in sales had lifted modestly in January, albeit at a slower pace than in