PanAust has acquired a majority stake in PNG’s Frieda River project, and brokers are positive on the prospects.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Not much can be made of last night’s trade on Wall Street given month-end and fiscal year- end for funds. Dow down 73. (Accessible only for subscribers before 10:15 AEST)
The Fed did not specifically shift its potential tapering timetable out to 2014. Dow down 61. (Accessible only for subscribers before 10:15 AEST)
While the S&P marked a new all-time high in April, the Dow Jones has only now achieved the same result after a 111 point gain last night. (Accessible only for subscribers before 10:15 AEST)
Thermal coal supply, the untangling of Canada’s crude networks and price directions for aluminium and zircon.
Wall Street stalled around all-time highs last night as investors waited to hear exactly what the Fed’s new plans are post the shutdown. Dow down 1 point. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Chinese liquidity issues have been shrugged off as reasonable earnings reports drive Wall Street higher. Dow up 95. (Accessible only for subscribers before 10:15 AEST)
China’s recovery took a step back yesterday with news of extensive loan write-downs by the country’s biggest banks and another Shibor scare. Dow down 54. (Accessible only for subscribers before 10:15 AEDST)