90 at 9: Bill English wants tax reform; ANZ raises A$2.2 bln; China talks down US$
10th Jul 09, 8:49am
by
Bernard Hickey details the key news overnight in 90 seconds at 9 am in association with ASB, including Bill English putting all options for tax reform on the table in an interview with us at interest.co.nz, US retailers reporting poor sales results and Citigroup appointing Ned Kelly as its new vice chair. Meanwhile, ANZ has raised A$2.2 billion of fresh equity from small shareholders, taking the amount raised from shareholders in the last six weeks to A$4.7 billion. In Italy at the G8 meeting, China raised the sensitive issue of the US dollar's status as the global reserve currency and why it wants a change.
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