Mainland markets were the biggest losers in the region on Thursday, as fears over tighter requirements on margin financing ignited risk-off sentiment.» Read More
BELO HORIZONTE, BRAZIL, May 11- Anglo American may increase capacity at its Minas-Rio iron ore mine in Brazil by nearly 10 percent, a move that could cut unit costs at the troubled $13 billion project, the company's Brazil chief executive said on Monday. Production volume could rise as high as 29 million tonnes in the 2018-2020 period, 9.4 percent more than the...
BELO HORIZONTE, BRAZIL, May 11- Anglo American may increase capacity at its Minas-Rio iron ore mine in Brazil by nearly 10 percent, a move that could cut unit costs at the troubled $13 billion project, the company's Brazil chief executive said on Monday. Production volume could rise as high as 29 million tonnes, 9.4 percent more than the mine's expected capacity of...
Chinese shares plummeted on Tuesday, while their counterparts in Sydney witnessed volatile trade following the Reserve Bank of Australia's rate cut.
China stocks soared to multi-year highs on Monday while caution over central bank meetings weighed on the rest of Asian indices.
Asian stocks finished lower on Monday even as China's central bank lowered the reserve requirement ratio over the weekend.
Iron ore's price plunge is likely to start claiming corporate casualties among the industry's smaller players, Goldman Sachs said.
Asia's equities joined their global peers to rise on Thursday, with China's Shanghai Composite index finishing at a fresh multi-year high.
Chinese shares touched fresh seven-year highs on Monday, while Japan's Nikkei 225 struggled to find momentum.
Australia and Indonesia are scrutinizing the largest commodity companies' Singapore trading hubs.
Mainland stocks finished the week at fresh multi-year highs, while their Japanese peers settled just a whisker away from a psychological 20,000-point mark.
Chinese steelmakers are helping the biggest miners tighten their grip on iron ore production by paying the depressed spot prices.
Asian shares rose on Thursday, undeterred by a weaker finish in the U.S. as gains in crude prices overnight boosted oil-related counters.
Asian stocks outside Australia recovered from a lackluster open to rise on Monday as a modestly positive lead from Wall Street offset the impact of sliding oil prices.
Asian equity markets struggled for direction on Wednesday following an uninspiring lead from Wall Street overnight.
After a lackluster morning session, Asian stocks mostly advanced on Friday, with Tokyo, Shanghai and Sydney markets finishing the week at new highs.
Stocks in Japan and China settled at new multi-year highs for the second straight session as investors awaited the Federal Reserve's policy meeting.
Asian shares largely rose on Friday, supported by a stronger close on Wall Street overnight, with Japanese and South Korean markets scaling fresh highs.
Australian shares fell below the flatline on Tuesday after the Reserve Bank of Australia (RBA) surprised most market watchers by holding back on further easing.
Asian stocks kicked off the week on a positive note, as an interest rate cut in China on Saturday offset a weaker finish on Wall Street last week.
RIO DE JANEIRO, Feb 26- Shares in Brazil's Vale SA plunged 5 percent on Thursday as the miner posted full-year net income well below analyst forecasts due to a weaker iron ore price and Brazilian currency. The halving of iron ore prices has hit the world's largest producer of the steelmaking ingredient as increased output from Australia coincided with slower...