Preciosa Dumlao

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At a glance: Australian business reacts to Japan quake

Australian uranium exporters spearheaded a fall in Australian's stock market Monday after a devastating earthquake and tsunami last week hit Japan, Australia's second biggest trading partner behind China. Insurers and agricultural companies also fell, while steelmakers, oil refiners and clean energy producers were among a handful of gainers. The S&P/ASX 200 was down 1.2% at 4588.3 points around 0220 GMT after earlier hitting low of 4564.1.
Mar 15, 2011

Mortgage Choice CEO seeks urgent housing action

Mortgage Choice CEO Mr. Russell has welcomed the Productivity Commission report findings ratify an earlier government department report identifying the true cause of deteriorating housing affordability. Mortgage Choice is Australia's largest independently-owned mortgage broker.
Mar 15, 2011

Taree to benefit from training centre program

The people of Taree and District are the latest to benefit from Federal Government's ongoing investment in regional Australia with the official opening of the $6 million Manning Education Centre, a multi-purpose medical education facility in Taree today.
Mar 15, 2011

Japan may take years to recover from earthquake and tsunami

Japan is facing a herculean task to rebuild its economy after a massive 8.9 magnitude quake hit Friday which triggered a tsunami that destroyed most of the country's northern coastal towns. This early, economic analysts are finding it difficult to determine the scale of the human tragedy and physical devastation in the region.
Mar 15, 2011

Japan village vanishes after tsunami

"It's all gone. There is nothing left." That was how Toshio Abe, 70, described the former village of Saito with 70 houses and 250 inhabitants which was literally wiped off after a tsunami obliterated everything in its path following a powerful 8.9 magnitude earthquake.
Mar 15, 2011

Japanese engineers rush to avert radiation leak from damaged nuclear reactor

Japanese engineers rush to avert radiation leak from damaged nuclear reactor in a battle to avert a looming disastrous meltdown as rescuers frantically search for thousands of missing persons and assist millions without food, water, shelter or heating after a powerful quake and tsunami hit Japan.
Mar 15, 2011

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