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Downer EDI workers work on building new rail carriages.

Downer shares soar on higher full-year forecast

Shares in Downer EDI soared to a seven-year high on Thursday morning after the contractor lifted its full-year profit forecast following a lack of any bad news in its December-half earnings.

NAB overcharged 220,000 corporate superannuation accounts a combined $34.7 million, ASIC said.

Banks forced to repay customers $41m

National Australia Bank's wealth arm has been forced to compensate customers $36.5 million, after wrongly charging fees to superannuation customers and incorrectly assessing insurance claims.

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Markets Live: Downer drives ASX gains

Shares post small gains led by a spike in Downer following upbeat results, but overall mood remains cautious despite Fed giving no signal of steeper rate hikes.

Apple sold 78.29 million iPhones in its fiscal first quarter ended December 31, up from 74.78 million a year earlier.

Apple market value surges

Shares in Apple leapt more than 6 per cent on its latest results, with at least 12 brokerages lifting their price targets.

After a brief lull, Trumponomics is back.

8@eight: Waiting for inspiration

Apple has supported equity markets, with yesterday's post-market release of Q1 sales of $US78.5 billion ($103.52 billion) and EPS of $US3.36 and seemingly, more importantly, its guide for Q2, that was better than what the market had feared. The daily chart has well and truly broken out to the topside and this is attracting the momentum focused clients and I wouldn't be surprised to see this above $US150 in the coming months here.

Chinese-born Canadian citizen Xiao Jianhua was reportedly abducted by Chinese police from the Hong Kong Four Seasons ...

Missing billionaire 'awkward' for Hong Kong

The uncertain fate of Xiao Jianhua, a China-born billionaire who was last seen at a luxury Hong Kong hotel a week ago, has raised fresh fears about the city's autonomy amid media reports he may have been abducted by Chinese agents.

New research shows lower income households are most likely to install solar panels.

Solar uptake more popular in outer suburbs

A Queensland researcher has identified the kind of people most likely to install solar panels on their homes, and it was not the latte-sipping, inner-city greenies of political lore.

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