Commodities weigh down market
The Australian share market has ended the week lower after falls in commodity prices and US stocks overnight.
The All Ordinaries Index lost 61 points to 4,707 and the ASX 200 slipped 63 points to...
ABC Business News -
Friday November 20, 2009, 5:03 pm
Bendigo Mining hails exploration results
Gold producer Bendigo Mining says it has discovered new mineralisations at projects in Tasmania and Victoria.Based on visual grade estimation, the company said there was up to 11.7 grams per tonne...
AAP -
Friday November 20, 2009, 11:29 am
AIR Midday Market Roundup
The market is down 66. The SFE Futures were down 45 this morning. Wall St. down 94 overnight. The Dow was down 1 at best and down 170 at worst. Biggest fall in a month. Economic figures were in line...
Australasian Investment Review -
Friday November 20, 2009, 10:59 am
Australia shares fall on economy worry; miners drag
(Updates with opening levels)
MELBOURNE, Nov 20 (Reuters) - Australian shares opened 1.2
percent weaker on Friday after Wall Street was rattled by
concerns the U.S. economic recovery was losing...
Reuters Finance News, Australia -
Friday November 20, 2009, 10:28 am
Gold To Go Higher, But Be Careful
More records for the gold price this week as the futures price reached over $US1,150 an ounce. Of course the rising value of the Australian dollar continues to clip those gains for local...
Australasian Investment Review -
Friday November 20, 2009, 8:01 am
Aussie knocked by more profit-taking; bonds firm
* Aussie slips as profit-taking persists
* Bill, bond futures firm on safe-haven bid
* Local three- and one-year swap yield spread at 7-mth low
SYDNEY, Nov 19 (Reuters) - The Australian dollar...
Reuters Finance News, Australia -
Thursday November 19, 2009, 4:43 pm
Billions spent on Gold Coast infrastructure
A real estate executive says projects valued at more than $30 billion are being built on the Gold Coast and works worth more than $38 billion are planned.
Property researchers Colliers...
ABC Business News -
Thursday November 19, 2009, 9:43 am
Resources Boom Bounces Back
The return of the resources boom was again confirmed by the news yesterday that the value of mining and energy projects under development in Australia had jumped 40% from April to October...
Australasian Investment Review -
Thursday November 19, 2009, 8:46 am
High Aussie Dollar Hits Emeco
Heavy equipment group, Emeco Holdings has revealed what appears to be a small earnings downgrade in guidance issued at yesterday's AGM in Sydney. The about-to-leave CEO, Laurie Freedman told the...
Australasian Investment Review -
Thursday November 19, 2009, 8:44 am
AWB Loss/Patties Foods Upgrade
AWB Ltd has joined the ranks of rural groups cleaning up their financial house by revealing big write-downs and a big red bottom line. The company yesterday revealed a full-year loss because...
Australasian Investment Review -
Thursday November 19, 2009, 8:43 am
UDATE 9-Oil rises on U.S. crude, product inventory drop
* U.S. new home construction falls sharply in October
* Inventory of homes being build hits record low
* U.S. oil stocks down after storm disruptions last week
* Dollar slips against basket of...
Reuters Finance News, Australia -
Thursday November 19, 2009, 7:43 am
Gold soars past $1,150 per ounce for first time
LONDON (AFP) - The price of gold leapt above 1,150 dollars per ounce here on Wednesday for the first time, buoyed by the weak US currency and recent central bank purchases of the precious metal,...
AFP Finance News -
Thursday November 19, 2009, 7:42 am
Oil rises to near $80 as U.S. crude stocks fall
* U.S. crude stocks fall 0.9 mln barrels after storm - EIA
* U.S. gasoline stocks fall 1.7 mln barrels - EIA
* U.S. distillate stocks fall 0.3 million barrels - EIA
* Dollar slips against basket...
Reuters Finance News, Australia -
Thursday November 19, 2009, 3:34 am
Oil rises towards $80 as dollar slips
* Dollar slips against basket of other currencies .DXY
* Markets awaits EIA weekly inventory data at 1530 GMT
* U.S. crude stocks fall 4.4 mln barrels after storm - API
(Updates prices, adds...
Reuters Finance News, Australia -
Thursday November 19, 2009, 1:05 am
Gold Coast in for $69b of developments
A new "development map" plotting current and planned projects shows a big vote of confidence in the Gold Coast as a mature urban centre, leading real estate group Colliers International...
AAP -
Thursday November 19, 2009, 12:02 am
