The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
Local shares rose slightly in mixed trading yesterday as a lower Australian dollar led investors to sell banks and other high-yield plays in order to buy shares of companies that stand to benefit from a sustained fall in the exchange rate. ...
In April 2013, due to the Chinese market supplement iron ore with lowest price, one of the world's largest iron ore export port - the Hedland export iron ore quantity is more than a 4% month-on-month in March. In April, Australia's ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
The sharemarket consolidated yesterday as high-yield plays reacted negatively to reduced hopes of further interest rate cuts following the release of stronger-than-expected domestic jobs statistics. Meanwhile, profit-taking pushed ...
Tags: Rates Forecast, economy
The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
The sharemarket has closed at its best level in almost five years, driven by record US market highs and positive Chinese trade data. The benchmark S&P/ASX200 index closed up 56.1 points, or 1.09 per cent, at 5199.8 points. The broader ...
Tags: CMC Markets, economy
BHP Billiton, the 3th world's biggest iron ore suppliers, expressed that the increase speed in iron ore supplies would accelerate and it would lead a lower price of iron ore. “The increase speed of supply will accelerate in the next ...
Tags: Iron Ore, Ocean Shipping
Australian stocks recovered from a steep intraday fall to close only marginally lower yesterday, as the Reserve Bank cut interest rates to a record low. The benchmark S&P/ASX 200 closed down 12.5 points, or 0.2 per cent, at 5143.7, after ...
Tags: Stocks Lift, Australian stocks
The sharemarket closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. At the close today, the benchmark S&P/ASX200 index was down 12.5 points, or 0.24 per cent, at 5143.7 points. The broader ...
Tags: Banks, Record Rate Cut
In April this year, manganese ore shipments from Australia's Port Hedland totaled 53,803 metric tons, decreasing 59.3 percent compared to March, and down 65.6 percent compared to the same month of 2012, according to the monthly data ...
Tags: Manganese Ore, Mineral
The sharemarket has opened more than1 per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market. At 10.30am AEST the benchmark S&P/ASX200 index was up 54.5 points, or 1.06 ...
Tags: US Jobs Data, Service
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
In April of the current year, iron ore shipments from Australia's Port Hedland increased by 4.4 percent compared to March and were up 63.75 percent year on year, totaling 26 million metric tons. According to the information released by ...
Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...