IBTimes Australia : Copper Topic

Volatile Nikkei keeps Asian stocks on edge

Fri, 24 May 2013 20:56:02 +1000

Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge.

Asian stocks shaky, Nikkei still seen vulnerable

Fri, 24 May 2013 15:28:01 +1000

Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout.

Telecom Italia puts off network decision to May 30

Fri, 24 May 2013 04:28:03 +1000

Telecom Italia has pushed to the end of the month a decision on whether to spin off its fixed-line access network, which is proving more complex than expected due to political and regulatory considerations.

Global shares sink on U.S. stimulus pullback, Chinese growth fears

Thu, 23 May 2013 20:28:02 +1000

Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals that the U.S. central bank may soon scale back its stimulus program.

Shares sink on U.S. stimulus pullback, Chinese growth fears

Thu, 23 May 2013 20:21:02 +1000

China factory activity shrinks for first time in seven months - flash PMI

Thu, 23 May 2013 16:00:04 +1000

China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.

China Discovers Gold Mine in Northwest With 53 Tonnes Worth of Reserves

Thu, 23 May 2013 14:16:20 +1000

China on Wednesday announced it has discovered a gold mine in the Ili Valley in the country's Xinjiang Uygur Autonomous Region. With reserves estimated to be at 53 tonnes, the said discovery could translate to an economic value of $3.2 billion.

Global Markets Overview - 23 May 2013

Thu, 23 May 2013 11:37:41 +1000

Stocks ended Wednesday broadly lower after a rollercoaster day of trading, as investors sorted through mixed signals from the Federal Reserve on the outlook for monetary policy.

Dollar, German bond yields ease before Bernanke

Wed, 22 May 2013 19:35:02 +1000

The dollar and benchmark German debt yields eased on Wednesday as expectations hardened that the head of the U.S. central bank will later in the day signal no tapering back of its ultra-loose monetary policy.

Freeport can't say when Indonesia mine to reopen, confirms 28 dead

Wed, 22 May 2013 18:14:02 +1000

Freeport McMoRan Copper and Gold Inc said it will not restart production at the world's second-largest copper mine in Indonesia after a tunnel collapse that killed 28 workers until it is convinced of the mine's safety.

Freeport Indonesia says death toll rises to 28 after tunnel accident

Wed, 22 May 2013 17:14:02 +1000

The death toll from a tunnel collapse at the world's second largest copper mine run by Freeport McMoRan Copper & Gold Inc's Indonesian unit was raised to 28 on Wednesday as rescuers gave up hope of finding any more survivors.

Ericsson closes telecom cable manufacturing facility

Tue, 21 May 2013 23:42:02 +1000

Ericsson announced on Tuesday plans to shut its telecom cable manufacturing facility in Sweden and would take a 500 million Swedish crown ($75 million) charge as a result.

Wall Street hovers near record levels as investors hesitate to jump in

Tue, 21 May 2013 04:28:03 +1000

Stocks slipped by afternoon trade on Monday as indexes struggled to break above their record levels with investors hesitant to rush into the market.

Wall St. inches up as deals provide support for rally

Tue, 21 May 2013 03:07:02 +1000

Stocks rose slightly on Monday as acquisition activity gave support, but investors were hesitant to rush into the market with indexes hovering around record levels.

Did Africans Discover Australia? History could Be Rewritten After Tests on Ancient Coins

Tue, 21 May 2013 02:20:36 +1000

Archaeologists to conduct further work to establish how the coins, dating from 900, crossed the Indian Ocean from Africa.

Wall Street little changed, deals provide support

Tue, 21 May 2013 01:21:02 +1000

Stocks were little changed on Monday as acquisition activity gave support but investors were reluctant to rush into the market with indexes hovering around record levels.

Wall St. dips after records, but deals support

Tue, 21 May 2013 00:14:03 +1000

Stocks dipped in early trading on Monday, with investors scrambling for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Wall Street to dip after records, acquisitions eyed

Mon, 20 May 2013 23:28:02 +1000

Stocks were set to dip at the open on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Global shares grind higher, yen edges up on Amari comments

Mon, 20 May 2013 17:42:02 +1000

Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan's economy minister that consumers could suffer if the yen falls further lifted it off a 4-1/2 low.

Asian Shares Rise on US Economic Optimism

Mon, 20 May 2013 15:12:07 +1000

The Japanese government upgrades its outlook for the economy, fuelling a rally in Tokyo.

Global Markets Overview - 20 May 2013

Mon, 20 May 2013 10:49:15 +1000

Stocks capped off another strong week with a broad rally, as a bigger-than-expected rise in consumer sentiment bolstered the view of an economy that is faring better than some had feared.

Asian Markets Subdued as Fed Hints End to Bond-Buying

Fri, 17 May 2013 14:46:51 +1000

The dollar gains strength as the Fed indicates an exit from bond-buying programme.

European Markets Edge Lower on Eurozone Concerns

Thu, 16 May 2013 17:15:22 +1000

Investors will be tracking a raft of data coming in from the US.

Rare Earths, Oil, Gas, Other Commodities Up For Grabs As Arctic States Grants China, India, Japan, Other Select Nations ‘Observer Status’

Thu, 16 May 2013 15:56:21 +1000

It won't be long before the essential raw minerals and commodities of the planet's Far North such as rare earths, oil and gas get gobbled up by the industrialists.

Banks pull out of EU steel sector, firms seek alternative funds

Thu, 16 May 2013 01:00:05 +1000

Banks are withdrawing from Europe's troubled steel sector, putting the survival of even some of the most established industry players at risk and forcing companies to seek alternative funding sources.

Euro slips on euro zone first quarter GDP fall, shares rise

Wed, 15 May 2013 20:28:02 +1000

The euro hit a six-week low against the dollar on Wednesday after data showing the euro zone economy contracted more than expected in the first quarter of the year, strengthening the case for another interest rate cut.

Iron Maiden's Trooper Beer Lacks Bruce Dickinson Punch [BLOG]

Mon, 13 May 2013 23:02:44 +1000

Masters of heavy metal go into the brewing business but first foray lacks wow factor, says Marverine Cole.

Dollar rise hits oil, gold; euro sags on ECB cut bets

Mon, 13 May 2013 20:28:02 +1000

The dollar continued to power higher on Monday, leaving oil and gold prices in its wake, after the Group of Seven gave a green light to Japan's efforts to spur growth with aggressive monetary easing.

Scientists Unveil World's First Thermal 'Invisibility Cloak'

Sun, 12 May 2013 00:30:23 +1000

Prototype cloak incorporates technology to make cloak's centre appear to disappear.

Nikkei surges as wilting yen sends ripples across Asia

Fri, 10 May 2013 16:14:02 +1000

Japanese equities soared to 5-1/2-year highs on Friday, with the dollar sailing past the symbolic 100 yen level and beefing up the outlook for Corporate Japan, but shares elsewhere in Asian shares retreated as global equities paused overnight from recent rallies.