Daily FNArena News

While the Westpac-Melbourne Institute Index of Leading Indicators fell again in April the pace of decline is slowing.

Goodman Group’s deal with China Investment Corporation doesn’t solve its refinancing issues and so brokers remain cautious on the company.

Recent economic data show the Chinese economy is recovering strongly.

TradeTech wasn’t the only one raising its price benchmark for spot uranium this week.

The minutes of this month’s RBA meeting indicate the central bank is still in easing mode, despite rates remaining on hold at present.

Asciano intends to raise $2bn via a series of capital raisings and brokers see the outcome as reasonable.

Spot U3O8 prices have continued their advance during the past week.

Outlook for Asia is good and growth is more likely to surprise on the upside, DBS says.

Base metal prices have gotten a little ahead of fundamentals and with a seasonally weaker period approaching prices may see a correction.

The Chinese are all too willing to talk business with junior iron ore producers, reports Apollo Minerals.