Australian Stocks Take a Fall On the Heels of a Currency Decline; Asian, European, and U.S. Shares Suffer Losses
July 03 2013 4:13 PM
In early Wednesday trading, Australian shares have suffered losses after the decline of Aussie currency. That combined with a decline in commodity prices has had a negative impact on shares linked to resources. Other global indexes also point to the red.
Petrol Prices Soar with no Respite in Sight
March 15 2012 10:26 AM
Between February and March this year, petrol costs have risen by 3%, causing a downward drift in the Westpac-Melbourne Institute consumer sentiment index. This has many economists worrying, as the fear of recession looms and unemployment figures do not look too uplifting either.
Stonehenge Capital’s Hedge Fund Strategy Gets Strong Returns
October 24 2011 12:30 PM
Florida-based asset management firm Stonehenge Capital Management (SCM) announced Monday that its new direction-neutral hedge fund strategy called Forward Curve Realignment (FCR) resulted in strong returns one month after its launching.
A Bottom Now Seen In Uranium?
May 10 2011 11:13 AM
We recall that the spot uranium price had run hard early in the year as speculators returned from their forced hiatus to pick up on one commodity which had been lagging in the great commodity price push.
Weak dollar fuels commodities demand upsurge
November 04 2010 8:27 PM
The weak US dollar will continue to fuel the higher prices of commodities considered as the next safest forms of investment.
Western Australia joint venture with BHP, Rio Tinto Board has no final decision
October 07 2010 9:45 PM
The Rio Tinto (ASX: RIO) Board of Directors have not made any final decisions whether to pursue or not their planned iron ore venture with BHP Billiton (ASX: BHP) in Western Australia seen to earn and save the companies billions of dollars.