Soft export prices hit terms of trade: Financial and Forex Info News | The Australian Business Briefing
Soft export prices hit terms of trade Staff Reporter AUSTRALIA'S terms of trade declined in the fourth quarter for the first time since 2010 as export prices softened. Stocks close with mild gains Sarah Turner SHARES closed with modest gains today, as early optimism tempered a touch after the release of Chinese and local economic data. China factories in slow lane Aaron Back CHINA'S factories held in the slow lane for the third straight month, HSBC's initial reading of manufacturing activity showed today. RBA has room to cut rates: PM James Massola JULIA Gillard says the government will rely on the RBA to insulate Australia against a global downturn, saying it has room to cut rates. Optus deal pushes NBN ahead John Durie THE NBN moved one step forward today, with Optus signing its wholesale deal, joining some 25 retail suppliers in agreeing to terms. Apple's push to kil
