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BHP ECONOMIC OUTLOOK
Global Markets | Australian shares fall as RBA rate hike hits financials, minersAustralian shares saw a slight dip on Tuesday. The Reserve Bank of Australia increased its cash rate by 25 basis points. This move was anti...
Global Markets | Australian shares rebound but trim gains as Iran denies US talksAustralian shares closed higher on Tuesday, underpinned by miners, but trimmed early gains after Iran denied reports of any negotiations wi...
India's iron-ore, coking coal, Potash demand to rise on robust economic growth: BHPBHP's outlook forecasts a significant rise in demand for iron ore, coking coal, and potash in India, driven by infrastructure investment an...
European shares touch two-week high; inflation data, Fed policy in focusEuropean shares climbed to a two-week high on Monday, extending strong gains from last week, with investors awaiting economic data and the ...
Australia shares end higher on energy stocks, miners boostThe S&P/ASX 200 index rose 0.35% to close at 7,379.3 points, rebounding from a 0.4% drop on Friday.
Australian shares end lower after RBA decision; miners, banks dragThe benchmark S&P/ASX 200 index closed 0.6% lower at 7,324.3, erasing Monday's gains.
Copper and iron ore tumble as growth fears roil metals marketsThis week’s drop for iron ore accelerated, with futures sliding as much as 12% to the lowest since December in Singapore on expectations th...
Australian shares end lower as healthcare, gold miners weigh; Origin Energy dropsInvestors' focus shifts to comments from the Reserve Bank of Australia (RBA), slated to provide updated economic forecasts on Friday, after...
Australian shares rise on China stimulus, RBA cut hopes; NZ upA boost to the Chinese economy augurs well for Australian miners.
- Iron ore heads for longest bear market in 20 years
Iron ore, the commodity most leveraged to China’s growth and Australia’s biggest export earner, is heading for the longest bear market in 2...
- Greek deadlock pushes commodity prices down
The Standard & Poor's GSCI Spot Index of commodities lost 1.5% to 626.57, the lowest level since December 20.
- Iron ore prices may fall this year on dull demand
Iron ore prices may decline 8.5% this year as global output increases and growth in Asian steel production slows.
- BHP Billiton loses 400 jobs, Rio to close smelter
The world's biggest miner, BHP Billiton, said Thursday it would axe Australian jobs, while rival Rio Tinto shut down an iron ore smelter, i...
- Global financial crisis would affect jobs in Australia: Rudd
Australia PM Kevin Rudd warned people of slow economic growth and said the global financial crisis would affect jobs.
- BHP Billiton raises Rio Tinto takeover bid
BHP Billiton sweetened its bid for Rio Tinto on Wednesday, lifting its valuation of the mining giant to $147.4 billion as it presses for a ...
- BHP Billiton launches formal bid for Rio Tinto
BHP Billiton formalized its unwelcome takeover bid for Rio Tinto on Wednesday and upped the stakes with an all-share offer worth $173.6 bil...
- BHP Billiton still hopeful of Rio Tinto takeover
Resources giant BHP Billiton said on Wednesday it still hoped rival Rio Tinto will warm to its uninvited takeover bid, despite opposition f...
- Mining industry to shine despite economic woes: Analysts
The mining sector's value, while hit by fears of a global economic slowdown, has a bright future thanks to strong Chinese demand for metals...
- Nickel prices bounce back to record highs
Nickel hovered near a record $29,950 a tonne on Thursday as available stocks held at about half a day of global consumption, but slowing ec...
- BHP posts record $11bn profit
BHP Billiton, the world’s largest miner, has posted a record annual net profit of $10.5bn and delivered an upbeat outlook amid unprecedente...