Weekly US jobless aid applications drop

THE number of Americans seeking unemployment benefits has fallen sharply for a fourth straight week, in a sign the US job market may be improving. The Labor Department says weekly applications for unemployment benefits fell 29,000 last week...

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Central banks extend currency swaps

THE world's five top central banks have agreed to extend temporary currency swap arrangements by a year, the European Central Bank says. The swap facilities were one of a range of emergency measures used by central banks to prevent the financial...

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US stocks edge up in opening trade

US stocks have edged higher as investors digest a batch of mostly positive economic data on jobs, retail sales and inflation. In the first five minutes of Thursday trade, the Dow Jones Industrial Average rose 11.21 points (0.08 per cent) to...

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Syrian regime 'approaching collapse': NATO

SYRIAN President Bashar al-Assad's regime is approaching collapse and he should take steps to begin talks on a political transition, NATO head Anders Fogh Rasmussen says. "I think the regime in Damascus is approaching the regime of collapse ......

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Residents urged to photograph king tides

KING tides will begin their twice-a-year run up the NSW coast early on Friday morning - and residents are being asked to get out their cameras. The tides will begin in Eden about 8.30am (AEDT), reach Sydney at 9.33am and hit Newcastle by 9.39am....

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Suicide bomb targets Afghan NATO airbase

A SUICIDE car bomber has attacked a NATO airbase in southern Afghanistan just hours after the US Defence Secretary left, killing two civilians, wounding 15 and injuring four foreign soldiers. There was no indication that the attack was connected...

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US producer prices fall in November

US producer prices have fallen for the second straight month in November, the Commerce Department reports, losing 0.8 per cent in a sign inflation pressures remain muted in the economy. The main pull downward was a 4.6 per cent drop in energy...

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