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SYDNEY, Dec 3 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN FINANCIAL REVIEW
- Harts Australasia in liquidation as Steve Hart faces 11 unrelated fraud charges. Business seeks biggest overhaul of competition laws in a decade. Treasurer Peter Costello warns of deepening risks to Australia from global slowdown.
- Labor considers giving government conditional support for changes to unfair dismissal laws. France topples Australia in davis Cup tennis final.
- Taiwanese issue Beijing with major rebuke at weekend elections. US Federal Reserve chairman tells European Union to be more like America to boost its currency.
- Qantas shareholder, British Airways, under pressure to sell its stake in the carrier. Coles Myer encounters administration teething problems with its revamped discount card scheme. WMC's war of words with Alcoa to throw spotlight onto local miner's proposed $10 billion break-up.
- Excess liquidity turns investor attention to cyclical stocks in past month. Lots of data due out this week is expected to reveal true fallout from September 11 attacks.