A RISE IN IMPORTS INTO AUSTRALIA TIPPED THE TRADE DEFICIT FURTHER INTO THE RED IN NOVEMBER.

LATEST FIGURES FROM THE BUREAU OF STATISTICS SHOW THE DEFICIT ... TO TWO-POINT-SIX BILLION DOLLARS IN NOVEMBER.

ITS WORSE THAN EXPECTED... THE SHARE MARKET SOLD DOWN AHEAD OF THE RELEASE...

IT'S NOW TAKING BACK SOME OF THAT...

THE ASX 200 UP A FEW POINTS

ON WALL STREET, THE MARKET SLIPPED FROM A FIVE-YEAR HIGH, ON CONCERNS THE U-S CORPORATE EARNINGS SEASON - WHICH KICKS OFF TOMORROW - WILL DISAPPOINT.

THE DOW RETREATED A THIRD OF A PER CENT

ACROSS THE ATLANTIC AND EUROPEAN MARKETS ALSO TRIMMED BACK

TAKING A LOOK AT COMMODITIES...

AND GOLD IS TAKING BACK OVERNIGHT LOSSES

THE AUSTRALIAN DOLLAR IS WORTH 105 US CENTS

#READ ON#

A PRIVATE SURVEY SHOWS THE RATE OF DECLINE IN THE CONSTRUCTION INDUSTRY EASED LAST MONTH

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THE AUSTRALIAN INDUSTRY GROUP'S PERFORMANCE OF CONSTRUCTION INDEX ROSE BY NEARLY TWO POINTS TO A READING OF 38-POINT-EIGHT IN DECEMBER.

BUT THAT'S WELL BELOW THE 50-POINT MARK THAT INDICATES GROWTH IN THE INDUSTRY.

IT SHOWS THE SECTOR HAS NOW NOW BEEN SHRINKING FOR MORE THAN TWO AND A HALF YEARS.

A-I GROUP SAYS COMMERCIAL AND ENGINEERING CONSTRUCTION FARED SLIGHTLY BETTER IN THE MONTH, BUT RESIDENTIAL CONSTRUCTION WEAKENED FURTHER.

**READ ON**

NATHAN TINKLER'S WHITEHAVEN COAL COMPANY IS CONSIDERING LEGAL ACTION OVER A HOAX PRESS RELEASE WHICH TRIGGERED A BIG TUMBLE IN ITS SHARE PRICE YESTERDAY.

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A PROTEST GROUP HAS ADMITTED ISSUING THE STATEMENT WHICH CLAIMED THE ANZ BANK HAD PULLED ITS FUNDING FROM A COAL PROJECT IN NORTHERN NEW SOUTH WALES.

WHITEHAVEN'S SHARE PRICE RECOVERED... BUT ASIC IS INVESTIGATING WHETHER THE HOAX WAS A BREACH OF THE CORPORATIONS ACT.

##READ ON##

 

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