Woolworths Ltd. reported losses amounting to AUD $139 million stating it was spiked by weak sales and high start up costs.
Australia
Coal India considered 3 Australian acquisitions.
The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio.
Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.
Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner.
Falcon Oil & Gas Ltd. acquired Sweetpea's 24% minority interest or 50 million shares in Falcon Australia.
Indonesia's cattle industry is receiving a long-awaited backing from Australian investors.
Australia's Brambles planned to spin off Recall Holdings.
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia.
Dixon Advisory raised US$161 million for a new commercial asset fund.
Lend Lease Group agreed to sell its Melbourne shopping mall to Blackstone Group LP for US$332 million.
Baruch Global Macro Fund to shadow strategies set by Gerard Satur.
According to a poll, Australians are scared of 'too much' Chinese investments in their country.
Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.
More discussions between Rio and Glencore is said to have transpired after early talks were held for the venture of two thermal coal assets in Australia.
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