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SYDNEY, Sept 1 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN FINANCIAL REVIEW:
- Future Fund chairman David Murray says the fund will not ditch its A$15 billion (US$11.45 billion) Telstra (ASX:TLS) shares and force down the share price. Law firms are reaping a bonanza in fees from the boom in mergers and acquisitions and corporate litigation.
- Growth in business investment is slowing amid signs the capital expenditure boom has peaked.
- The sharemarket ended the month on a positive note yesterday thanks to a generally upbeat reporting season and growing hopes that interest rates may not need to rise further in the United States.
THE AUSTRALIAN:
- Prime Minister John Howard has singled out Muslim migrants for refusing to embrace Australian values. A West Australian report on child abuse prompts calls for uniform national child protection laws. Foreign Minister Alexander Downer to tour Dili amid renewed fears of violence following jail break.
Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - SEPT 1, 2006.