Australian Market Report of December 5: Concerns over Debt Refinancing

  Sydney, Australia, Dec 5, 2008 - (ABN Newswire) - US stocks fell for the first time in three days, on concern of General Motors' possibility of bankruptcy and Merrill Lynch's prediction that oil will hit & #36;US25 a barrel hit the energy shares.Australian stocks ended flat for a second day after an early rally sparked by Babcock & amp; Brown's winning of a reprieve from bankers loses steam.  

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