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Chinese Iron Ore Miners Aims to Satisfy 50% of The Country's Annual Iron Ore Consumption
Mar 24, 2014An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...
Tags: Iron Ore, Domestic Supply, Chemicals
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Australian Share Market Closed Strongly, Posting Biggest Gain in Single Day
Jun 14, 2013The Australian share market has closed strongly, posting its biggest gain in a single day so far this year. Strong overnight gains in US stocks after positive retail and jobless data and reports suggesting stimulus measures there were not ...
Tags: Stock Market
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Sharemarket Has Closed Higher, Boosted by 10% Rise in Shares of Woodside Petroleum
Apr 24, 2013The sharemarket has closed higher, boosted by a 10 per cent rise in the shares of Woodside Petroleum, which announced a $520 million return to shareholders. The benchmark S&P/ASX200 index was up 49.6 points, or 1 per cent, at 5016.2 ...
Tags: Energy Stocks, Service
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Sharemarket Has Closed Lower, Led by Sharp Losses Among The Big Miners
Apr 19, 2013The sharemarket has closed lower, led by sharp losses among the big miners. At 4.18pm AEST, the benchmark S&P/ASX200 index was down 80.2 points, or 1.6 per cent, at 4924.4 points. The broader All Ordinaries index was down 82.3 points, ...
Tags: Miners, BHP Billiton
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Australian Stocks Have Opened Firmer with a Recovery Among The Big Miners
Mar 27, 2013Australian stocks have opened firmer, with a recovery among the big miners leading the broader market higher. At 10.49am AEDT, the benchmark S&P/ASX200 index was up 11.7 points, or 0.24 per cent, at 4961.6 points. The broader All ...
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Sharemarket Is Trading Lower, Led Down by The Big Miners on Concerns Over Iron Ore Prices
Mar 21, 2013The 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
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Sharemarket Closed Lower for a Second Straight Day After Giving up Early Gains
Mar 20, 2013The 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
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Sharemarket Closed Down After Jobs Data Lowered Chance of Another Interest Rate Cut
Mar 18, 2013The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark
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Sharemarket Closed Lower, Dragged Down by The Four Big Banks
Mar 15, 2013The sharemarket closed lower today, dragged down by the four big banks. At the close of trade, the benchmark S&P/ASX200 index was down 25.5 points, or 0.5 per cent, at 5092.4. The All Ordinaries index was down 24.2 points, or 0.47 per ...
Tags: sharemarket, four big banks, trade
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Australian Sharemarket Closed Higher After The Release of a Bumper Trade Report in China
Mar 8, 2013THE Australian sharemarket closed higher, boosted by mining stocks after the release of a bumper trade report in China. IG Markets analyst Stan Shamu said the local bourse narrowly missed posting a fresh four-year high, despite a late ...
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Sharemarket Closed at Fresh Four-Year High as Gains by Financial Stocks Offset Falls
Feb 21, 2013The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners
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Error Putt Super-Profits Tax on Wrong Industry by Passing Half-Way Mark of Profit Season
Feb 19, 2013But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
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Australian Stocks Have Posted Their Fifth Consecutive Weekly Gain
Feb 19, 2013Weakness among the big miners was offset by gains in finance companies and defensive sectors. Despite the flat trade, Australian stocks have posted their fifth consecutive weekly gain. The benchmark S&P/ASX200 index closed down three ...
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Australian Sharemarket Closed Higher to End Three Day Run of Losses and Defy Market Falls
Jan 10, 2013The Australian sharemarket closed higher to end a three day run of losses and defy market falls in the US and Europe. At the close today, the benchmark S&P/ASX200 index was 17.9 points, or 0.38 per cent, higher at 4708.1, while the ...
Tags: Australia, sharemarke, US, Europe
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Sharemarket Struggled to Gain Traction as Investors Traded Cautiously
Jan 8, 2013The sharemarket struggled to gain traction yesterday as investors traded cautiously after seven straight weeks of gains. The benchmark S&P/ASX 200 closed down 6.5 points,or 0.1 per cent,at 4717.3.It hit a 19-month high of 4750.7 in early ...
Tags: sharemarket, stocks, heavyweight stocks, fiscal
