The Australian sharemarket stepped up on Friday as Wall Street ticked higher after pressure squeezing it from the oil and bond markets relaxed a bit.
The Australian sharemarket traded slightly lower on Thursday despite strength in the energy sector on the back of rising oil prices as consumer stocks fell.
The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. That’s good news for Australia.
Hancock Prospecting’s lawyer rubbished his opponents’ characterisation of Lang Hancock’s letter to his daughter,insisting it was of “peripheral relevance”.
WA’s environmental watchdog has invited public comment on whether it should undertake a detailed independent review of Alcoa’s mining in WA’s jarrah forests.
Rio Tinto’s Jakob Stausholm insists Australia’s iron ore sector is in a strong position to ride out any deeper price falls amid worries about China’s economy.
The deal,brokered by the UN and Turkey last July,aimed to alleviate a global food crisis by allowing Ukrainian grain to be exported safely.
Traffic was stopped from using the Russian-built bridge linking Russia to Crimea,which Moscow seized in 2014,said Russian officials.
The Australian sharemarket stepped up on Monday as miners and consumer companies climbed after a rally on Wall Street.
Gold has become another asset linked to economic growth,and that’s why its price is no longer seen as a useful harbinger of social and economic collapse.
The Australian sharemarket was buoyed by energy companies,banks and miners after China cut two key benchmark lending rates for the first time in 10 months.