09:30 AEST July 5, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - A boost in resources stocks on Friday helped to break the eight-day losing streak in Australian stocks market. The ...
Australian share market lost momentum on Thursday, despite the change of Australia's Prime Minister pushed the market higher earlier. Resources shares surged on expectation that discussions between the government and the miners could end the uncertainty caused by the proposed mining tax. The local market ended slightly lower led by financials stocks. At the close, the benchmark S&P/ASX200 index gave up 6.4 points, or 0.14 [...]
The Australia share market Monday closed firmer on hope of a gradual appreciation of the Chinese yuan. At the close, the benchmark S&P/ASX200 index rose 60.7 points, or 1.33 per cent, to 4612.6 points and the broader All Ordinaries index added 58.6 points, or 1.28 per cent, to 4632.7 points. The market was also inspired by the news that Australian federal government struck a A$11 billion deal with Telstra over the planned [...]
11:30 AEST June 4, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - Alumina Ltd. (ASX: AWC) Chief Executive John Bevan said Thursday on the UBS Australian Resources Conference that the ...