Christine Gaylican

The A$1.75-billion unsolicited offer by the Kohlberg Kravis Roberts & Co (KKR) does not reflect the real "value" of the company, listed company Perpetual Ltd. (ASX: PPT) said in today.

Australian Rail Track Corporation (ARTC) has reported that the limited train movement of the west line track near Wodonga has resumed its run this morning, 6am, Sydney time.

Rio Tinto Ltd's (ASX:RIO) would still pursue its planned Oyu Tolgoi copper and gold project in Mongolia despite some strain with Canadian partner Ivanhoe Mines.

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.

Support for the Australian Labour Party has declined in the latest opinion polls survey released by the Nielsen Group.

Canadian Equinox Minerals Limited (TSX and ASX: EQN) ("Equinox") has announced that it has completed an agreement Australia's Resource Group Limited (ASX:CGG) ("Citadel"), under which Equinox proposes to acquire all of the issued and outstanding shares of Citadel by way of a recommended takeover offer (the "Offer"). The Board of Citadel has recommended unanimously that Citadel shareholders accept the Offer, in the absence of a superior proposal.

The Singapore Stock Exchange is set to offer some A$8.4 billion deal to Australia's ASX that targets to build one of the biggest exchange trading hubs in the Asia-Pacific as competition stiffens in the local arena.

The Australian bond market stands to benefit from the so-called quantitative easing imposed by the US government to prop up the US dollar.

Farmer-Shareholders of food producer SunRice are seriously considering the $600-million offer of Spanish firm Ebro Foods.

Chi-X Global Inc. is preparing a unique trading platform that could provide the fast and efficient platform beneficial to Australian and foreign investors keen on participating in the market action worldwide.

Currency and equity markets are on the up trend at today's trading as markets speculate that the G-20 summit scheduled this weekend in South Korea will resolve the currency devaluation issue.

The Australian Competition and Consumer Commission will look into the recent purchase of billionaire Mr. James Packer's acquisition of an 18% stake in Ten Network Holdings Ltd. (ASX: TEN.AU).

Foreign and local pension funds are eyeing Australian infrastructure projects as safe investments that could create good rates of return, the Royal Bank of Scotland Group Plc said.

Australia's biggest producer of gold Newcrest Mining Ltd. (ASX: NCM) has reported that its gold production in the first quarter went up by 79 percent to 674,219 ounces, the company said in a disclosure.

Australia's Treasurer Mr. Wayne Swan has warned opposition representative Joe Hockey of his proposal to put federal government reins on the banking industry.

Communications Minister Mr. Stephen Conroy has urged Australian territories and states to implement the national broadband network (NBN) to properly interconnect the whole of Australia.

ASX-listed gaming firm Tabcorp Holdings Ltd (ASX:TAH) has raised some $238 million from institutional investors and is now set for the retail component of its entitlement offer worth $190 million

Wesfarmers has reported first-quarter sales up 4.3 percent as its subsidiary Coles food and liquor contributed to what the company described as "a generally pleasing result".

Business conditions in the Australian Commercial Property market improved in the third quarter ending September, driven by gains in the Office and Hotels segments, while conditions in the Retail and Industrial markets, however, remain negative, the National Australia Bank said in the report of its latest survey released today.

Australia's three top mining companies have called a meeting with the government to clarify the tax agreement seen on the brink of collapse.

Investors have taken advantage of the Australian dollar's decline yesterday amidst further speculation that the Reserve Bank of Australia is bound to adjust interest rates upwards.

Consumers are warned of the Tylenol 8 hour caplets with lot No. BCM155 (bar code No. 3 0045-0297-51 8). They should immediately be returned to the manufacturer.

The Victorian Farmers' Federation (VFF) has set up a fund to fight the plan to water entitlements and affect irrigation projects in the Murray-Darling River Basin.

The Australian government is set to decide on the liquefied natural gas venture project of Santos Ltd. and BG Group PLC Origin and partner ConocoPhillips in Queensland on Oct. 22.

Any upward adjustments in the mining royalty rates to be implemented by states and territories will all be unacceptable to Prime Minister Julia Gillard as this would put Australia's top mining resources industry at risk.

The Australian mining industry and authorities are again headed for another serious debate with regards if taxes and royalties issues are not resolved immediately.

The frequent earthquakes have been discouraging to some local residents in Christchurch and the rest of Canterbury.

BHP Billiton Ltd. (ASX: BHP) has reported a 6 percent increase in its iron ore production, which meets higher steel demand and promotes wider expansion in Western Australia.

Australian consumers are now quite careful with their use of their credit cards, which may pose a threat to credit card issuers in Australia.