ASX to open higher, Aussie trade in focus, Wall St closes mixed

ASX to open higher, Aussie trade in focus, Wall St closes mixed

Updated August 03, 2017 08:47:41 Photo: The trade balance in June should see the surplus narrow to $1.8 billion. (ABC News: Michael Barnett) Australian shares are headed for a slightly higher open despite weak leads from overseas equity markets. Market snapshot at 7:30am (AEST): ASX SPI 200 futures +0.2pc at 5,692, ASX 200 (Wednesday close) -0.5pc at 5,744 AUD: 79.65 US cents, 60.21 British pence, 67.16 euro cents, 88.17 Japanese yen, NZ$1.07 US: Dow Jones +0.24pc at 22,016, S&P 500 flat at 2,478, Nasdaq flat at 6,363 Europe: FTSE -0.2pc…

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CNN reporter, Trump adviser clash over immigration

CNN reporter, Trump adviser clash over immigration

CNN Senior White House Correspondent Jim Acosta clashed with White House Senior Adviser Stephen Miller at the press briefing Wednesday over President Donald Trump’s support for legislation that would curb the level of legal immigration to the United States by instituting a skills-based immigration system. Invoking the famous poem inscribed in the base of Statue of Liberty which beckons the world’s “tired … poor … huddled masses yearning to breathe free” to America’s shores, Acosta asked Miller if the White House was “trying to change what it means to be…

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Rio Tinto's first-half profit up 93 per cent to $4.1b

Rio Tinto's first-half profit up 93 per cent to $4.1b

Updated August 02, 2017 18:59:02 A resurgence in demand from China has almost doubled Rio Tinto’s first-half profit, but still left the market disappointed. Key points: $US3b returned to shareholders via record interim dividend, share buy-back Dividend to swell further once coal assets sold Iron ore earnings up almost 90pc driven by 42pc price rise over past year Rio announced an interim underlying profit of $US3.94 billion ($4.95bn), up from $2.01 billion last year but down on the market consensus forecast of $2.15 billion. Stripping out one of items, net…

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Australian trapdoor spider may be a seafaring castaway from Africa

Australian trapdoor spider may be a seafaring castaway from Africa

Trapdoor spiders are reluctant travellers, but millions of years ago one species appears to have made an epic journey from Africa across the vast Indian Ocean to call Australia home. Trapdoor spider key points Key points The Australian trapdoor spider Moggridgea rainbowi is most closely related to African Moggridgea spiders The Australian and African species split long after the supercontinent Gondwana separated, and long before humans arrived This is the first evidence this type of spider may have travelled across the ocean The Australian trapdoor spider — Moggridgea rainbowi —…

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Italy to deploy naval ships to Libya as migration crisis grows

Italy to deploy naval ships to Libya as migration crisis grows

The move is Italy’s latest effort to counter the country’s migration surge. According to the International Organization for Migration, 94,802 migrants have reached Italian shores so far this year, while 2,221 migrants have died attempting the treacherous Mediterranean crossing from Libya to Italy. The Italian Parliament passed a bill on Wednesday that green-lighted Libya’s original request for help, sent in a letter from the Prime Minister of Libya’s UN-recognized Government of National Accord on July 27. According to an Italian Navy spokesperson, the two ships — a patrol vessel and…

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