Late Rally Powers Asian Stock Rebound
Even Korea, which showed early weakness over uncertain reaction to government's bank bailout plan, rises 2.3%, while Japan, Hong Kong and Australia all perform significantly better Monday.
Base metals lead market into the red
THE sharemarket was dragged into the red by mining giants Rio Tinto and BHP Billiton, which fell heavily in response to lower base metals prices overnight.
Stocks close higher driven by miners
The Australian share market closed moderately higher, driven by renewed strength in global miners BHP Billiton and Rio Tinto.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Kill the competition: M&S sackings...
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Welcome to today's round-up of business news from The Times: what we're
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Kill the competition: Dividend ban...
Welcome to today's round-up of business news from The Times: what we're
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BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
Nickel jumps on BHP production cut
London Metal Exchange nickel prices surged 6% after BHP Billiton said it would close a 100,000 tonne-per-year nickel operation for four months for repairs.
Aussie stocks higher, led by resources
The Australian share market closed firmly in the black, driven by the resources sector after the commodities index recorded its biggest weekly gain in 33 years.
Bottom Falls Out In Tokyo
Leading rout in Asia, Nikkei plunges 9.4% on forced selling to cover losses and fear over slowing world economy.
Asian Stocks Skid On Recession Fears
Major indexes lose 3% to 5% on worries damage is spreading beyond financials to the broader global economy.
Nickel prices jumps six per cent
London Metal Exchange nickel prices surged 6 per cent after BHP Billiton said it would close a 100,000 tonne-per-year nickel operation for repairs.
ASX higher, financials, resources up
The ASX was close to one per cent higher at noon after shaky financial stocks changed direction to add to strong gains in the resources sector.
Australian stocks lower at noon
The Australian share market was lower at noon by less than one per cent, with utilities and financials the main laggards.
ASX slightly higher at noon
The Australian share market was slightly higher at noon led by the resources sector.
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
Resources drive Aussie stocks higher
The Australian share market closed firmly in the black after a stronger prices drove resources sector higher, helping to ovecome a negative Wall Street lead.
Kill the competition: Money shortage...
Welcome to today's round-up of business news from The Times: what we're
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ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
Aussie stocks lower at noon
The Australian share market was more than 1.5 per cent lower at noon with both the financial and resources sectors in the red.
Aust stocks up moderately at noon
The Australian share market was up moderately at noon as the metals & mining and energy sectors lifted, but utilities fell.
Resources pulled down by oil slide
The Australian sharemarket closed weaker yesterday as lower prices for oil and base metals pulled back the global miners BHP Billiton and Rio Tinto.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
Aussie shares close higher
The Australian share market closed in the black after stronger commodity prices bolstered resource stocks and countered a negative US lead overnight.
Aussie stocks 2 per cent higher at noon
The Australian stock market was two per cent higher at noon after gains from the resource and energy sectors offset a poor lead from Wall Street overnight.