Feb 20 Australian shares ended Thursday at a
record peak as China ramped up support for its virus-hit
economy, while domestic employment and wage data suggested
further monetary easing could be on the cards.
Feb 19 Australian shares closed higher on
Wednesday as CSL and Cochlear hit record highs
and worries about the coronavirus epidemic waned as the number
of new cases fell.
Australian hearing implant maker Cochlear Ltd said on Tuesday that demand for hearing implants will struggle to catch-up in China as the coronavirus crisis delays surgeries.
Feb 18 Australian hearing implant maker Cochlear
Ltd said on Tuesday that demand for hearing implants
will struggle to catch-up in China as the coronavirus crisis
Caltex Australia Ltd said Canada's Alimentation Couche-Tard Inc has raised its buyout offer to A$8.80 billion ($5.93 billion), in a final attempt to sway the oil refiner and convenience store firm after interest from Britain's EG Group.
Blackmores Ltd scrapped its dividend on Wednesday and said it expects this year's profit to more than halve as the coronavirus hits its supply chain, sending the Australian vitamin maker's shares down by the most in nearly a year.
* Disruptions expected to last for at least two months
(Adds analyst quote, updates share price)
* No provision made for lower sales outside China
(Recasts and updates throughout with shares, analyst comment,
Australia's Boral Ltd said on Monday delays to building projects due to bushfires will likely cause a plunge in its second-half results, while revealing an investigation had found inflated earnings at its North American window-making business.
* Says hit from bushfires to be more pronounced in second