Asian markets fell on Tuesday, led by declines in Japan and China, as investors await further cues from the Fed ahead of its June policy meeting. » Read More
NEW YORK, Dec 1- Brazil's Vale SA prepared investors on Tuesday for a difficult 2016, unveiling a plan that includes about $6 billion in capital investment cuts and $443 million in expected costs to clean up a November mine disaster. CEO Murilo Ferreira said environmental recovery from last month's dam burst at the Samarco joint venture co-owned with BHP...
RIO DE JANEIRO/ SAO PAULO, Dec 1- Brazil's Vale SA prepared investors for a difficult 2016 on Tuesday, unveiling a plan that includes about $6 billion in capital investment cuts and $443 million in expected costs to clean up a November mine disaster. Ahead of the Rio de Janeiro- based mining company's annual "Vale Day" event in New York later Tuesday, Chief Executive...
Asian markets closed mostly in positive territory as investors shrugged off a lower finish on Wall Street and a miss on China PMI.
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Asian stocks closed sharply in the red, led by a heavy afternoon sell off in the Chinese market as the regulatory body went after brokerages.
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While fresh geopolitical fears after Turkey shot down a Russian warplane sent most Asian equities lower, oil prices and some energy plays saw gains.
Asian markets closed mixed on Monday, following a rally on Wall Street last week as investors stay on a Fed-watch.
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Asian equities bucked the trend on Wall Street overnight and finished strongly on Friday, even as a Fed rate hike lingered on investors' minds.
Asian equities closed higher on Thursday afternoon after U.S. markets reacted positively to the release of the Fed's October meeting minutes.
Asian shares traded mixed on Wednesday, as investors remain cautious over the latest global geopolitical developments in the wake of Paris terror attacks.
BHP is reviewing its iron ore production guidance for fiscal 2016, following a mudflow and flood at its Samarco mine in Brazil.
BHP hiked iron ore production by 7% year-on-year in the September quarter.
Rio Tinto posted a 17 percent rise in Q3 iron ore shipments to 91.3 million tonnes and said it remained on track to meet full-year guidance.
Asian stocks traded mixed on Thursday, with Chinese equities outperforming after markets resumed trade after a week-long holiday.
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Experts are warning of the dire financial impact across the mining and metals space if Glencore is unable to control its skyrocketing debt load.