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Resource Shakes off Slowdown in Chinese to Help Australian Sharemarket Finish Higher
Jul 25, 2013Resource 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
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Sharemarket Opened Strongly Following News China Lifts Controls on Lending Interest Rates
Jul 24, 2013THE 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
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The Sharemarket Recovered Strongly From a Six-Month Low
Jun 27, 2013THE sharemarket recovered strongly from a six-month low,with the resources sector leading gains after the People's Bank of China vowed to prevent a credit crunch in Australia's biggest trading partner and the world's second-largest economy. ...
Tags: sharemarket, trading partner, BHP Billiton, Rio Tinto
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The Australian Sharemarket Is Expected to Open Lower
Jun 17, 2013The Australian sharemarket is expected to open lower today as local investors practise caution ahead of expectations the US Federal Reserve could wind back its third round of bond purchases. Despite posting a late surge at the end of last ...
Tags: Investors, Fed Meeting, Sharemarket
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Renewed Demand for Banking Stocks Has Driven The Overall Australian Sharemarket Higher
Jun 17, 2013Renewed demand for banking stocks has driven the overall Australian sharemarket higher. The benchmark S&P/ASX200 index was up 34.1 points, or 0.71 per cent, at 4825.9. The broader All Ordinaries index was up 29.5 points, or 0.62 per ...
Tags: Banking Stocks, Sharemarket
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New Measures of Malaysian Intended to Attract Investment to Boost Country's Economy
Jun 14, 2013Malaysia's re-elected Prime Minister Najib Razak announced yesterday that foreign investors and fund managers would be given five-year multiple entry visas, and that overseas corporations trading in oil and related products in the country ...
Tags: Najib Razak, Foreign Investors
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Sharemarket Closed 1 Per Cent Lower as Weak GDP Figures Prompted Investors
Jun 5, 2013The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
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Sharemarket Pared Losses After Falling to a Four-Month Low
Jun 4, 2013The sharemarket pared losses after falling to a four-month low today as the market began to speculate on the potential for a surprise interest rate cut from the Reserve Bank of Australia. A higher Australian dollar initially weighed on ...
Tags: Stocks, RBA Meeting
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Sharemarket to Open Significantly Lower After Heavy Falls on Wall Street
Jun 3, 2013The sharemarket is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost for mining stocks. At 7am AEST, the June share ...
Tags: Sharemarket, Wall Street
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Well-Healed Australian Investors Are Maintaining Their Faith in Local Shares
Jun 1, 2013Well-healed Australian investors, battered by political uncertainty and the ongoing aftershocks of the global financial crisis, are maintaining their faith in local shares, according to an exclusive survey of individuals with at least ...
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Australian Stocks Closed Flat, with a Strong Day From The Major Miners Offset
May 31, 2013Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up about 0.3 per cent, but slid into the close ...
Tags: Bank, Sharemarket
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Sharemarket Was Flat in Mixed Trading with Resources Companies Down on The Back of Concern
May 29, 2013The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
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Asharemarket Broke a Five-Day Losing Streak as Japan's Sharemarket Stabilised
May 29, 2013The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
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Business Cash Flow Has Slowed This Year
May 28, 2013Business cash flow has slowed this year, placing further strain on a range of industries already experiencing low confidence because of weak trading activity and high operating costs. Businesses are waiting nearly eight weeks to be paid ...
Tags: Service
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Sharemarket Completed Its Biggest Weekly Drop
May 28, 2013The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...