Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
The Australian dollar is almost one US cent lower after figures from China showed manufacturing activity in the world's second largest economy slowed to an 11-month low in July. At 6.30am AEST the local unit was trading at 91.69 US cents, ...
Tags: Australian Dollar, China Flash PMI
THE sharemarket opened strongly following news China will lift controls on lending interest rates. At 10.10am AEST the benchmark S&P/ASX200 index was up 49.4 points, or 0.99 per cent, at 5021.5, easing to 5,007.3 by 10.25am for a total ...
Tags: lending interest rates, china, economy
The Australian dollar gained after China's central bank said it would lift controls on lending interest rates, allowing financial institutions to set them. At 6.30am AEST the local unit was trading at 91.83 US cents, up from 91.71 cents ...
The Australian dollar has recovered from a fall sparked by comments from the Chinese finance minister who said China was unlikely to receive a massive stimulus this year. At 6.30am AEST the local unit was trading at 91.69 US cents, up ...
THE Australian dollar rose after investors interpreted the Reserve Bank of Australia minutes as suggesting there was less chance of another rate cut in August. At 6.30am AEST the local unit was trading at 92.54 US cents, up from 91.82 ...
Tags: economy
The Australian dollar rose after US Federal Reserve chairman Ben Bernanke said the tapering of economic stimulus was not on a pre-set course. At 7am AEST the local unit was trading at 92.37 US cents, up from 92.08 cents at ...
The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
THE Australian dollar gained after disappointing US retail sales figures put pressure on the greenback. At 6.30am AEST the local unit was trading at 91.02 US cents, up from 90.87 cents at yesterday's local close. The Australian dollar ...
Tags: economy
THE Australian dollar is higher after the US Federal Reserve chairman eased concerns about the tapering of the central bank's economic stimulus program. At 1700 AEST on Thursday, the local unit was trading at 92.71 US cents, up from 91.96 ...
Tags: economy, Australian dollar
THE Australian dollar jumped more than 1.5 US cents after Federal Reserve chairman Ben Bernanke declared US stimulus measures would continue. The local currency hit 92.94 US cents shortly before 9am AEST, only four hours after sinking ...
Tags: Australian Dollar, economy
THE Australian dollar lost some ground as minutes of the US Federal Reserve's last meeting hinted that the central bank was more likely to unwind its stimulus measures before the mid-2014 target. At 6.30am AEST the local unit was trading ...
Tags: economy
THE Australian dollar weakened slightly after the International Monetary Fund warned of a prolonged growth slowdown in China. At 6.30am AEST the local unit was trading at 91.79 US cents, down slightly from 91.83 cents at yesterday's local ...
Tags: economy
THE Australian stockmarket opened higher following gains on Wall Street and European bourses as Alcoa kicked of the US earnings season. The aluminium producer posted a sharp Q2 loss of $US119 million ($130.989 million) citing ...
Tags: Metallurgy, Mineral, Energy
THE Australian dollar has regained some ground after dropping below 91 US cents for the first time in almost three years. At 6.30am AEST, the local unit was trading at 90.75 US cents, up from 90.62 cents at yesterday’s local close. ...
Tags: Dollar, Australian dollar, economy