Australian stocks have opened higher, with the big retail banks and major energy companies leading the broader market higher. At 10.10am AEDT, the benchmark S&P/ASX200 index was up 14.6 points, or 0.29 per cent, at 4981.9 points. The ...
Tags: Australian stocks, Banks, economy
Oil futures settled higher Wednesday, partially rebounding from Tuesday's sharp selloff on uncertainty in Cyprus, after weekly inventory data from the US Energy Information Administration proved to be unexpectedly bullish. NYMEX April ...
Tags: Oil, Chemicals, Metallurgy
US investors pushed stocks broadly higher, as the Federal Reserve's promise of continued easy-money policies helped them move past the latest flare-up in Europe's debt crisis. The Dow Jones Industrial Average finished with an advance of ...
I may be barking up, or rather hugging, the wrong tree but I wouldn’t be surprised were the bioplastics industry to be looking to sever its no longer so comfortable links with the environmentalist lobby. Having fuelled the booster ...
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
According to data, the stainless steel product stocks totaled 192,653 tons in the first 15 days of March, up by 1.5% from the previous 15 days. Among them, 104,158 tons were cold rolled stainless steel products, falling by 0.62%; 88,495 ...
Tags: Stainless Steel, Metallurgy, Mineral, Energy
While U.S. markets have surged lately, with the Dow Jones Industrial Average hitting milestone after milestone in 10 straight days of advances, a relatively modest increase in the value of IT company shares reflects the reality that a ...
Tags: tech trends, tech sector, tech stocks
The sharemarket has closed lower for a second straight day after giving up early gains during afternoon trading. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 28 points, or 0.56 per cent, at 4987.4 points. The broader All ...
Tags: Stocks, sharemarket, benchmark
The sharemarket continued its fall yesterday, dropping back below 5000 points even though European and US markets brushed off concerns that plans for a deposit tax in Cyprus could reignite the European debt crisis. The benchmark S&P/ASX ...
Tags: sharemarket, Stocks, European Debt
According to statistics released by the Metals Service Center Institute (MSCI), the US steel service center shipped 3.4 million short tons of steel products in February, falling by 7.9% year on year. Besides, the stocks of steel ...
Tags: Steel Service, Steel, steel service center
According to data released by the China Iron and Steel Association (CISA), the stocks of finished steel products including plates, hot rolled coils, cold rolled coils, rebar and wire rods hold by the major steel markets in China totaled ...
Tags: Iron, Steel, finished steel products
The stockmarket has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street. A European Union bailout of Cyprus had scared investors and led to a negative opening on the Australian market, IG ...
Tags: stockmarket, Australian market, euros
The sharemarket has opened higher amid views that investors overreacted to Europe's debt problems with heavy sell-offs yesterday. At 10.40am AEDT, the benchmark S&P/ASX200 index was up 26.3 points, or 0.52 per cent, at 5041.7. The ...
Tags: Stocks, Europe's debt, economy
A Flare-up in Europe's debt crisis has sent the sharemarket to its second-largest sell-off in nine months as investors fret about a run on European banks. After a bull run for local stocks since June in a period of relative calm in ...
Tags: Europe's debt crisis, economy, Cyprus