Highlights of the AAP Finance Wire for Sunday, April 29

AAP General News (Australia)
04-29-2007
Highlights of the AAP Finance Wire for Sunday, April 29

MELBOURNE, April 29 AAP - Highlights of the AAP Finance Wire for Sunday, April 29:

MELBOURNE - One of Qantas Airways Ltd's key institutional shareholders says it is committed
not to accept the current $11.1 billion takeover bid for the national carrier because
it falls a long way short of a reasonable price (QANTAS sent, NIGHTLEAD to come).



PERTH - Tight labour markets, which are being underpinned by the resources boom, mean
there is little prospect of interest rate relief over the next two years, says an economic
forecaster (BIS SHRAPNEL embargoed, sent).



MELBOURNE, April 29 AAP - Mining giant BHP Billiton has acquired a 33 per cent stake
in Global Alumina's Sangaredi alumina refinery project in Guinea, West Africa for $US140
million (BHP Billiton sent).



MELBOURNE - The Australian stock market is expected to open marginally higher tomorrow
after lacklustre sessions in United States and European markets on Friday (MARKET PREVIEW
sent).



MELBOURNE - Poverty in the Asia-Pacific region will directly threaten companies in
Australia, according to a report by the Allen Consulting Group (POVERTY embargoed, to
come).



AAP tsc

KEYWORD: HIGHLIGHTS FINANCE

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