The 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
The sharemarket fell sharply yesterday as iron ore prices declined and strong jobs news cooled hopes of interest rate cuts. Employment jumped by 71,500 places last month, the Australian Bureau of Statistics said. Economists had expected a ...
Tags: sharemarket, iron ore prices, iron ore
Australian rail and logistics company Aurizon has announced that it has signed a new long-term coal haulage contract with Australian coal producer Xstrata, as Xstrata continues to increase production at its Rolleston mine in central ...
Tags: coal haulage contract, Aurizon, Xstrata, coal