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Showing 131 - 140 of 527 results for "Iron ore"

Market wrap

AAP  |  WEDNESDAY, 15 APR 2015
... higher can these valuations (of the banks) go," he said. Lennox said the resources sector was benefiting from higher iron ore and oil prices. Lennox said afternoon trade would largely depend upon Chinese GDP and production figures. Official figures out ...

IMF predicts drop in foreign earnings

DARREN SNYDER  |  WEDNESDAY, 15 APR 2015
... inflation expectations," the IMF outlook said. The outlook projects the largest price decline in 2015 is expected for iron ore, which has seen the greatest increase in production capacity from Australia and Brazil. The IMF also predicts Australia's unemployment ...

Market wrap

AAP  |  TUESDAY, 14 APR 2015
... ratings of BHP Billiton and Rio Tinto are set to be cut by ratings agency Standard and Poor's after the steady plunge in iron ore prices. Fortescue Metals firmed four cents to $1.815 as it said it was reorganising rosters for its iron ore mine workers ...

Market wrap

AAP  |  MONDAY, 13 APR 2015
... international markets... Dragging the whole index up are the yield stocks but we're being held back by the resource with iron ore prices down a bit on Friday," he told AAP. Commonwealth Bank rose 42 cents to $94.55, National Australia Bank lifted 12 ...

China slowdown will hit Australia

AAP  |  MONDAY, 13 APR 2015
A Chinese economic slowdown will hit Australia as iron ore prices tumble, the World Bank says. The bank noted that Australia's growth pace had deteriorated sharply since the first quarter of 2014 as declining prices for key export commodities depressed ...

Market wrap

AAP  |  WEDNESDAY, 8 APR 2015
The share market has been boosted by a lift in iron ore and crude oil prices and continued expectation of lower interest rates. The market had put aside a weak lead from Wall Street and investors were focusing on the outlook for Australian interest ...

New Zealand dollar closes in on Aussie

MARK SMITH  |  TUESDAY, 7 APR 2015
... New Zealand's economy has benefitted from strong Asian demand for agricultural products while a further slide in the iron ore price to $47 has hurt Australia. Downward pressure on the Australian dollar is expected to continue if the Reserve Bank cuts ...

Market wrap

AAP  |  TUESDAY, 7 APR 2015
... made gains as oil and gold prices rose, with BHP Billiton up 31 cents to $30.53, Rio Tinto adding 22 cents to $56 and iron ore pure play Fortescue Metals gaining three cents to $1.85. But BC Iron shed one cent to 33.5 cents. Gold miner Newcrest gained ...

Market wrap

AAP  |  THURSDAY, 2 APR 2015
... sharemarket has opened higher on expectations of an interest rate cut after the price of Australia's largest export, iron ore, fell to fresh lows. The iron ore price dropped below $US50 a tonne overnight, extending a run of losses that began a week ago. ...

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
... cent in an effort to maintain downward pressure on the Australian dollar."...and "to soften fallout from the worsening iron ore slump" - down by 18.5% to US$51.35 a tonne since the RBA's March meet. But over the same period, the Australian dollar has ...