Asian stocks were mixed on Wednesday on speculation whether the U.S. Fed will maintain its dovish policy stance and following reports of Chinese stimulus.» Read More
Mark Taylor, Senior Resources Analyst at Morningstar, says markets should refrain from reading too much into one production data.
Warren Gilman, Chairman & CEO of CEF Holdings, says Rio Tinto is still on track to meeting its mining ore target despite seeing a quarterly fall in iron ore shipments due to weather disruptions.
Asian equities were mostly lower on Monday following declines on Wall Street and as tensions between Ukraine and Russia weighed on sentiment.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Rio Tinto has been "ramping up" production in iron ore, the biggest part of its business.
Even as Australia’s mining sector struggles with a slowdown in China, analysts polled by CNBC still think there are some some diamonds in the rough.
The "Shareholder Spring" continues to weigh on U.K. companies, with CEO bonuses falling for a third consecutive year in 2013, according to a PwC report published on Tuesday, as investors keep a watchful eye on corporate excess.
*To cut 147,000 metric tons of capacity at Brazil smelters. March 28- Alcoa Inc, the biggest U.S. aluminum producer, said it would cut 147,000 metric tons of capacity at two smelters in Brazil to stem a growing global surplus that has depressed prices and made a large number of plants uncompetitive.
March 28- Alcoa Inc, the biggest U.S. aluminum producer, said it would cut 147,000 metric tons of capacity at two aluminum smelters in Brazil as increased costs and low prices have made the plants uncompetitive.
Some of the names on the move ahead of the open.
Asian equities were mostly higher on Wednesday, rebounding after the previous day's losses, on hopes of fresh stimulus measures in Europe and China.
March 24- SouthGobi Resources Ltd, a Canadian coal miner with operations in Mongolia, said it could default on a debt repayment and was looking to raise money, sending its shares down as much as 29 percent in afternoon trading.
March 24- Coal miner SouthGobi Resources Ltd warned that it was unlikely to have enough cash to meet its debt obligations and was looking for financing to continue its operations in Mongolia. A continued delay in securing additional financing could result in a default of its $250 million China Investment Corp convertible debentures, SouthGobi said.
Asian equity markets rebounded on Friday after better than expected U.S data restored confidence in the economic recovery.
Asian equity markets rose on Tuesday, stabilizing after recent volatility, as the implementation of sanctions on Russia lifted global risk appetite.
Michael Gable, Managing Director at Fairmont Equities, says Australian mining stocks are likely to head further south in the short-term.
European stocks closed mixed on Tuesday as as the crisis in Ukraine curbed enthusiasm for riskier assets.
Dale Gillham, Chief Market Analyst at Wealth Within, explains why weakness in the majority of Australia's resource shares is 'not a big issue.'
China posts the biggest drop in exports in four-and-a-half years and the biggest trade deficit in two years, weighing on stocks.
European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.
David Walker, Senior Equities Analyst at StocksInValue, explains why Australia's benchmark S&P ASX 200 index failed to get any boost from recent raft of positive economic data.