Why Iron Ore Prices Are Strong
No wonder demand for iron ore is rising rapidly, and prices even faster.
Read MoreNo wonder demand for iron ore is rising rapidly, and prices even faster.
Read MoreAgainst the background of strong demand for iron ore, especially from China and other big Asian buyers, senior BHP Billiton and Rio Tinto executives were sounding very bullish at a big iron and steel conference in Perth yesterday.
Read MoreQueensland coal producer New Hope Corporation has reported a 15.8% fall in interim net earnings before one off items after lower prices and a stronger Australian dollar bit into export returns.
Read MoreThe Kerry Stokes-controlled Iron Ore Holdings has further boosted reserves at its key Pilbara iron ore deposit.
Read MoreInternet provider and emerging Telco, TPG Telecom lifted interim profit by more than 400%, thanks to full benefits of the merger with SP Telecom.
Read MoreSigma Pharmaceuticals wants more time to sort out its 2009 financial results.
Read MoreAXA Asia Pacific says talks between National Australia Bank, parent AXA SA and itself on a $13 billion takeover plan are at an advanced stage and could be wrapped up before or by next Monday.
Read MoreChina won’t be pleased.
Read MoreSolomon Lew’s Premier Investments first-half net profit apparently dropped 13.7% and but the company said it remains "cautiously optimistic" about the performance of Just Group.
Read MoreAs expected, Shell and PetroChina sweetened their combined bid for Arrow Energy with a bit more cash and certainty for the international assets to be valued, and the Australian company said yes.
Read MoreGlobal share markets eased Friday after a run of six to eight days of rises as the US dollar firmed off the back of increased worries about Greece.
Read MoreGreece is going to dominate world markets this week, making for some nervy trading on sharemarkets and in currencies and commodities.
Read MoreThe euro’s weakness saw the US dollar rise on Friday and last week, knocking oil prices lower and weakening other commodities.
Read MoreWe should know today or tomorrow if Shell and PetroChina have come up with a share price for their takeover bid that Arrow Energy will recommend to shareholders.
Read MoreThe dopey US Congressmen and business exerting pressure on the Obama Administration to DO ‘something’ about China’s refusal to allow the Yang to float, haven’t done their homework.
Read MoreA year ago there were plenty of things to worry investors, but given the rebound and obvious improvement in the various economies, there should be fewer concerns.
Read MoreOne comment from the International Energy Agency (IEA) in its latest outlook summed up the incredible strength of China on global markets.
Read MoreThere were some very optimistic forecasts around this week for mineral demand and prices.
Read MoreIs Sigma Pharmaceuticals all but broke and effectively under the control of its banks?
Read MoreSo it looks like Greece will be supported and stopped from defaulting on its huge debts, who will be next?
Read MoreIn the US the Fed yesterday morning said US housing starts were "at a depressed level". At its late January meeting it didn’t single out the crushed housing sector.
Read MoreShares in AWB took a pounding again yesterday after yet another profit downgrade.
Read MoreDavid Jones’ interim result and commentary again confirmed why it is important to look at what companies and their boards do, not just what they say in their commentaries.
Read MoreCorporate Express Australia has copped a $1 billion mop up bid from its major shareholder, the Staples office supplies chain of the US.
Read MoreA year ago the 2008 annual report of Rio Tinto was full of qualified optimism, the Chinalco shareholding, commodity prices being low, and the uncertain outlook as the global recession and credit crunch battered confidence and the company.
Read MoreThe cost of Melbourne’s hailstorm 10 days ago is moving past half a billion dollars, with close to 70,000 claims made to three major insurers.
Read MoreStruggling CBH Resources has suddenly found itself the most popular kid on the block with either the third or fourth proposal to the company in as many months for a controlling stake.
Read MoreArrow Energy says it’s still talking to Shell and PetroChina about their joint unsolicited offer. LNG Ltd says it and Arrow have agreed to a sort of trial separation, if yesterday’s update from LNG is any guide.
Read MoreLNG Ltd, Arrow Energy’s partner in the Fisherman’s Landing liquefied natural gas project at Gladstone in Queensland asked for a trading halt yesterday ahead of an announcement promised for today that would clarify its immediate relationship with Arrow.
Read MoreThe Macarthur Coal-Noble group coal shuffle is edging closer to fruition.
Read MoreNo reaction from local investors in Incitec Pivot, our major listed fertiliser group, in the local market yesterday to a strong profit upgrade from Canadian giant, Potash Corp.
Read MoreOPEC member countries meet Wednesday night (Australian time) and no change is expected to the current 24.845 million barrels a day production quota.
Read MoreThe lingering worry that Greece will default on its billions of euros of government debt could be ended within days, according to media reports from Europe.
Read MoreThe US Federal Reserve has a one day meeting this week at which interest rates will be the only topic of real interest.
Read MoreIndonesia was confirmed as the best placed south Asian economy in the wake of the global recession with another ratings agency upgrade to its credit standing on Friday.
Read MoreThe $US15 billion PNG LNG project has cleared its last hurdles and will proceed.
Read MoreAfter rallying nearly $US100 in two months, gold gave up some of those gains last week, taking many investors in the metal by surprise
Read MoreEuropean and global markets ended around two-month highs Friday, but US shares struggled after the S&P 500 hit a 17-month closing high the day before.
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