The sharemarket ended its winning streak yesterday on concerns that stimulus measures in the US may be scaled back sooner than expected. The minutes of the Federal Reserve's policy meeting of last month showed disagreement among members ...
Tags: sharemarket, stimulus measures, US, Federal Reserve
The sharemarket fell today, led by resources stocks after minutes of the Federal Reserve's December policy meeting sparked concern US stimulus measures might be scaled back sooner than expected. The Fed minutes, released Thursday, showed ...
Tags: sharemarket, resources stocks, Federal Reserve, Fed minutes
While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
Proactive Investors reported that iron ore miners appear set for a sustained bull run as iron ore prices resurge after declining five straight months on the back of strong Chinese growth and falling inventories. Fortescue Metals Group was ...
Tags: China, Iron Ore, Proactive Investors, iron ore prices, metal market
The Australian sharemarket closed higher yesterday as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at avoiding the so-called fiscal cliff. Locally,investors remained optimistic that ...
Tags: Stock, sharemarket, tax, bank
Business Standard reported that Chhattisgarh government is mooting to go Odisha way and ask the mining companies to reserve half of its production for the local units. In Odisha, it was the private iron ore miners who had come under ...
Reuters reported that South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy. Mr Lionel October director general of the ...
Tags: platinum, iron ore miners, domestic metal, South Africa
The sharemarket fell slightly in quiet trading yesterday as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless politicians reach agreement on ...
Tags: sharemarket, fiscal, Banks, Share trading volume
THE Australian sharemarket fell slightly in quiet trading today as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless lawmakers reach ...
Following the go ahead by the Reserve Bank, banks have begun restructuring the loans worth around INR 1,300 crore given to iron ore miners and other stakeholders such as truckers and shipping lines. The Goa Chamber of Commerce and ...
Tags: mining sector, iron ore miners, Loan servicing, Mining
Reuters reported that strike while the iron is hot, the old saying goes, and a legion of iron ore miners setting up in Canada's remote Labrador Trough want to do just that. But, for now, they have to wait. Iron ore, the main component of ...
Tags: iron ore price news, steel scrap buyers, stainless steel, buy steel pipe
China is said to be considering a move to cut tax for iron ore mining companies in a bid to reduce input costs for the nation's steel industry. The country's Ministry of Industry and Information Technology is reportedly working with the ...
Tags: iron ore, tax cut, China, mining companies