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Australia shares reverse early losses to nudge higher, miners buoy SYDNEY: Australian shares added 0.1 percent on Monday, nudging away from 3-1/2 week lows as the mining sector reversed earlier losses to edge higher, although investors were still cautious as the unrest in Iraq continued. The S&P/ASX 200 index added 7.3 percent to 5,412.3 at the close of trade. The benchmark fell 0.4 percent on Friday, and was down 1.1 percent last week, its third consecutive week of losses. Elsewhere, Australia's unemployment rate is likely to remain relatively high well into 2015, a top central banker said on Monday, helping to keep a lid on wages and inflation. New Zealand's benchmark NZX 50 index added 0.2 percent, or 8.3 points to 5,178.8. Copyright Reuters, 2014 ...

Australia shares hover at 3-1/2-week lows, banks weak SYDNEY/WELLINGTON: Australian shares slipped 0.2 percent on Monday, hovering around 3-1/2-week lows, as banking stocks pulled the index lower and iron ore fell to a fresh 21-month low. Investors also exercised caution as the unrest in Iraq continued. The United States ordered military personnel to boost security for its diplomatic staff in Baghdad on Sunday and said some staff were being evacuated from the embassy as the Iraqi government battled to hold off insurgent forces. ...
Australia shares end at 3-1/2 wk lows, mark third week of losses SYDNEY: Australian shares fell 0.4 percent to 3-1/2 week lows on Friday, dragged down by the top 20 blue-chip stocks after Wall Street lost ground overnight on concerns over an escalating civil war in Iraq. The S&P/ASX 200 index plumbed 23.7 points to 5,405.1 at the close of trade, recovering slightly after dipping to two month lows earlier in the session.The benchmark declined 0.5 percent on Thursday and lost 1.1 percent for the week, its ...
Australia shares slip 0.3pc, investors await employment data SYDNEY: Australian shares slipped 0.3 percent on Wednesday, with the mining and defensive sectors weighing on the index, as Wall Street's flat finish limited leads and investors awaited key employment data due out on Thursday. The S&P/ASX 200 index lost 15.7 points to 5,454.0 at the close of trade. The benchmark edged 0.1 percent higher on Tuesday. New Zealand's benchmark NZX 50 index finished flat at 5,179.1.Copyright Reuters, 2014 ...
Australia shares edge higher as banks buoy, takeover target Aquila rises SYDNEY/WELLINGTON: Australian shares inched up on Wednesday, as gains for banking stocks slightly outweighed dips for mining and defensive sectors as Wall Street's flat finish limited leads.The S&P/ASX 200 index added 5.7 points, or 0.1 percent, to 5,469.7 by 0225 GMT.The benchmark edged 0.1 percent higher on Monday. A measure of Australian consumer sentiment steadied in June as the shock from May's unpopular federal budget began to fade and worries about family finances and the ...
Australia shares end tad higher, retailers sink on profit downgrades SYDNEY: Australian shares edged 0.1 percent higher on Monday, underpinned by blue-chips as Wall Street extended its run of record highs, though a slew of profit downgrades from retailers restrained buyers. The S&P/ASX 200 index added 5.7 points to 5,469.7 at the close of trade, pulling back from session highs. The benchmark rose 0.5 percent on Friday, but dipped 0.5 percent for the week. Australian markets were closed on Monday for the Queen's Birthday holiday. ...
Australia shares edge higher on Wall St, retailers hit by downgrades SYDNEY/WELLINGTON: Australian shares inched 0.3 percent higher on Monday, underpinned by blue-chips as Wall Street extended its run of record highs, though a slew of profit downgrades from retailers restrained buyers. All 'Big Four' banks rose, with Commonwealth Bank of Australia adding 0.7 percent and Westpac Banking Corp climbing 0.6 percent. Despite a recent pull back in banking stocks following a record-run, the high-yielding sector continues to attract investors. Furthermore, analysts at Macquarie Bank said ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln