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Japan Stocks Drop as Nippon Sheet Glass, Oji Paper Cut Forecasts
Feb. 3 Bloomberg -- Japanese stocks declined with the Topix Index snapping a streak of five weekly advances after companies including Nippon Sheet Glass Co. and Oji Paper Co. cut profit forecasts on slumping demand from Europe. Nippon Sheet ...

GUD profit eases as conditions seen tough
Consumer and industrial products supplier GUD Holdings says trading conditions are expected to remain tough in the second half of the financial year in the wake of a fall in profits in the first half. GUDs brands include Sunbeam household electrical ...

Bellinger River in flood
The Bellinger River reached major flood levels at Thora and moderate flood levels at Bellingen this morning. Falls of more than 200mm were recorded in the past 24 hours causing rapid rises is the river at Thora and Bellingen. The river peaked at 6.14 ...

Chidlow fire contained but not controlled
A bushfire east of Perth has been contained but is still burning out of control. An advice alert has been issued for people in the northern part of Chidlow in the Shire of Mundaring. It was initially thought that homes would be affected by the fire but 60 ...

Murder accused nothing but a 'gentle giant': court
Time is the crucial factor in the case against a man accused of strangling his friend to death in his home north of Brisbane a Supreme Court jury has been told. In his closing statement to the court yesterday afternoon Crown prosecutor David Meredith ...

European wine prices plunge
A SHIFT in the tastes of Australian drinkers has wine producers turning red with anger and white with fear. The strong Australian dollar coupled with the aggressive tactics of supermarket giants Coles and Woolworths has caused a plunge in the price of ...

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