The last time Western Australia was engaged in a dispute with Canberra of this magnitude was during the 1930s Depression. The Financial Times reports.» Read More
Extreme bearish forecasts for iron ore prices to drop to as low as $70 a metric ton are an overreaction to the oversupply situation in the sector, said the CEO of the world's fourth largest iron ore producer.
Nev Power, CEO of Fortescue Metals tells CNBC why doesn't expect a drastic increase in new iron-ore supplies. He thinks prices will stay up in the long-term on stabilizing Chinese demand.
European shares closed lower on Tuesday as markets await the outcome of a critical vote in Cyprus to tax bank deposits.
Patrick Noble, Senior Investment Specialist at Zurich Australia tells CNBC why small caps are his pick of the moment.
Risk assets fell across the board on Monday as Asian markets saw a massive sell-off after a weekend decision by the euro zone to force depositors in Cyprus to contribute towards a bailout sparked concerns of contagion across other peripheral countries.
Asian markets eased off session lows to turn mixed on Thursday on concerns over domestic factors but optimism over monetary stimulus led Japan's Nikkei to snap a two-day losing streak.
Tokyo and Sydney stocks jumped to new multi-year highs on Monday, lifted by Friday's stronger-than-expected U.S. jobs data, while other Asian markets lost ground as mixed economic data from China weighed on sentiment.
Japan's Nikkei jumped to a new four-and-half-year high on Friday thanks to the yen's decline, while China's strong export data lifted other Asian shares. Investors however, remain cautious as focus shifts to upcoming U.S. job numbers.
Asian shares were mixed on Thursday as investors shrugged off overnight gains in the U.S and turned attention to central bank meetings in Europe. Japan's Nikkei came off a four-and-a-half-year high but held onto most of its gains amid expectations for aggressive monetary easing.
"There is no conviction in the market," one pro said. "You look at this grind higher and you have dividend payers and defensive stocks moving along with it."
Stocks ended near session highs in choppy trading, with the S&P 500 finishing in positive territory for the first Monday in 2013 and the Dow close to hitting its record closing high, as investors shook off earlier worries over China and a lack of progress over the sequester.
U.S. stock index futures were lower Monday amid concerns about the U.S.'s unresolved "sequester" and the introduction of harsher-than-expected property curbs in China.
Asian stocks fell on Monday, dragged down by a slide of 3.7 percent in Shanghai following fresh property curbs. Japanese shares, however, briefly touched a fresh four-and-a-half year peak as comments from the government's nominee as the next Bank of Japan governor fueled hopes for aggressive monetary easing.
European shares edged lower on Friday, impacted by weaker bank and mining stocks, and traders expected equities to stay trapped in a tight range this month.
Renewed unease about sovereign and regulatory risk in Mongolia - triggered by a dispute between the government and mining giant Rio Tinto over the Oyu Tolgoi copper and gold project - is on the rise but shouldn't erode confidence among longer term investors in the mineral-rich nation.
Jay Richards, Investment Manager, GTL Capital Management says the Mongolian government is in a better position than Rio Tinto in terms of pressuring the company to come to terms with payments on the Oyu Tolgoi copper and gold mine.
European shares closed higher on Thursday as investors watched to see whether a last-minute deal can avert the $85 billion of automatic spending cuts due in the U.S. on Friday.
Here's the "Fast Money" Final Trade.
A massive sell-off in Asian stock markets on Thursday erased the previous day's strong gains after Wall Street fell on minutes from the Federal Reserve's latest meeting as worries mount the United States could stop or cut its monetary stimulus program.
Some of the names on the move ahead of the open.