Sharon Olalia

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Thousands of Japanese children to miss start of school year

Thousands of children in Japan will miss out on the start of a new school year as schools and other public buildings continue to house almost 160,000 evacuees who have nowhere else to go, according to the leading independent organization for children.

ASX and SGX terminates merger deal

ASX Ltd (ASX) and Singapore Exchange (SGX) have agreed to mutually terminate the merger implementation agreement entered into on 25 October 2010.

Rio okays feasibility study

Anglo-Australian Rio Tinto (ASX: RIO) says it has given the go ahead to spending US$238 million to advance a feasibility study for extending the life of Kennecott Utah Copper’s Bingham Canyon Mine in Salt Lake City, and for the purchase of related long-lead time equipment.

Rio Tinto takes control of nearly half of Riversdale

Global miner Rio Tinto Group (ASX: RIO) says its wholly-owned subsidiary Rio Tinto Jersey Holdings 2010 Ltd (RTJ) has obtained an interest in 49.49 per cent of all the shares of Riversdale Mining Ltd as of a short time ago

Home loans slump to lowest this year

Home loans plunged in February as the share of first-home buyers continue to decrease. This is home loan’s second consecutive month drop with New South Wales posting its biggest monthly decline in fourteen years.

Telstra offers faster 3G connection on the go

Australian telco giant Telstra (ASX: TLS) says it is launching a new high-speed mobile Wi-Fi hotspot to enable Australians to connect multiple mobile devices to the internet when they’re on the go.

Gillard names and shames insurance companies

Prime Minister Julia Gilliard rebuked the gutless behavior of insurance companies for not attending a meeting with the victims of the Queensland flood victims in Ipswich yesterday.

Leighton wins $148M QLD mine development contract

Leighton Holdings (ASX: LEI) subsidiary Leighton Contractors says it has been awarded a $148 million contract by BHP Billiton Mitsubishi Alliance (BMA) and Bechtel to deliver the Broadmeadow Sustaining Operations Project at the Broadmeadow mine in Queensland.

Aussie retailers happy with RBA decision

Retailers have breathed a sigh of relief with the decision of the Reserve Bank of Australia (RBA) this afternoon to keep the cash rate stable at 4.75 per cent, according to the Australian National Retailers Association (ANRA).

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