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Showing 91 - 100 of 520 results for "Iron ore"

Australia underperforms as China slows down: Russell

LAURA MILLAN  |  THURSDAY, 4 JUN 2015
... annum before tax and after fees. "The local share market's fortunes are heavily tied to China's deteriorating demand for iron ore - and to the prospects of Australia's four major banks," Russell Investments chief executive for Asia Pacific Pete Gunning ...

Market to open higher

AAP  |  WEDNESDAY, 3 JUN 2015
... At 0700 AEST on Wednesday, the June share price index futures contract was up 18 points at 5,641. In overnight trade, iron ore prices were up 1.9 per cent, and copper and gold prices also gained ground. Locally on Wednesday, March quarter gross domestic ...

Shares lower at lunch time

AAP  |  THURSDAY, 28 MAY 2015
... the resources sector, global miner BHP Billiton was 31 cents lower at $29.03, Rio Tinto dipped two cents to $57.29, and iron ore pure play Fortescue Metals nudged up one cent to $2.37. Woolworths descended eight cents to $27.86 as the retail giant signed ...

Market lower in broad sell-off

AAP  |  WEDNESDAY, 27 MAY 2015
... "There's also been a bit of an over-reaction to media speculation over Fortescue Metals, and speculation around where the iron ore price is going. "I would not be surprised to see a relatively downbeat day." Mr Lucas said BHP Billiton was being sold ...

Shares higher on US rate outlook

AAP  |  MONDAY, 25 MAY 2015
... gained 39 cents to $28.57. Telstra was up 6.5 cents to $6.265. The major miners were also higher following a sharp rise in iron ore prices on Friday. Rio Tinto was up 79 cents to $57.54, BHP Billiton was 30 cents higher at $29.55 and Fortescue Metals ...

Australia sings hallelujah

BENJAMIN ONG  |  MONDAY, 25 MAY 2015
... from the US$0.8113 it fetched only 10 days prior. We should singing songs of joy too over the weekend's 3.5% surge in iron ore prices to US$59.96 per tonne. But maybe not. For as we've seen over the past few months, these could turn on a dime - lift-off ...

Miners weigh on share market

AAP  |  WEDNESDAY, 20 MAY 2015
... Tinto. Phillip Capital senior client adviser Michael Heffernan said market heavyweights BHP and Rio were lower because iron ore and oil prices were soft overnight. "BHP and Rio are both down more than two per cent - that's what's caused the market to ...

Market wrap PM

AAP  |  FRIDAY, 15 MAY 2015
The Australian share market has risen with the major miners leading gains despite another fall in iron ore prices. The market has recovered from Thursday's losses with investors shrugging off a dip in iron ore prices overnight, CommSec market analyst ...

Economist asleep over budget investment market impact

DARREN SNYDER  |  THURSDAY, 14 MAY 2015
... crash. Interest rates are going to stay very low," Oliver said. He disagreed with federal treasurer Joe Hockey's lowered iron ore price assumption of $48 as "in the last few weeks it has bounced back to $64 but you could argue the supply story is still ...

Mining exports finally give way to financial services

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... two dollars buying our goods and services. We are the big winners out of this relationship. "Each year we send enough iron ore to China to build the Sydney Harbour Bridge, from Sydney to Perth, and then back to Sydney again." QIC chief economist Matthew ...