Australia trades at record levels
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SYDNEY, Australia -- Australian stocks are trading at a fresh record Thursday, defying a negative lead on Wall Street. Market heavyweight News Corp, leading airline Qantas and the top four banks are all higher.
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Gold and platinum prices soared to record highs Friday after mine stoppages in South Africa, a leading producer of the precious metals, fed buying on supply concerns.
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Asian stock markets rebounded on Wednesday, with Thailand staging a blazing comeback after the government reversed restrictions on foreign investment in its bourse, and Australia hit a record high.
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MELBOURNE (Dow Jones)--Australian shares closed at a record for a second consecutive session Tuesday as gains in resources heavyweight BHP Billiton and the banking sector were offset by losses in media group News Corp.
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China's trade surplus reaches $24.97bn (Â£12.3bn) in August, hovering within a whisker of its record high set in June.
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Expectations of strong dividends from the big banks lifted the market to a record close yesterday. All four big banks moved higher, with ANZ closing at its highest price.
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Gold hit a record high above $900 an ounce on Monday as turmoil in financial markets and expectations of aggressive U.S. rate cuts helped raise the metal the metal's safe-haven appeal.
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The price of gold hit a record high Friday as production ground to a halt in South Africa on the back of a spiralling electricity crisis the government has labelled a national emergency.
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Singapore's exports expanded by 17 percent to a record high last year, reflecting strong demand from China for oil and commodities and solid sales of electronics and pharmaceuticals to the United States and European Union.
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THE Australian share market continued its recent bullish performance yesterday, with offshore gains driving the bourse to record highs.
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The euro rose to a new record high against the dollar, climbing to 1.2937 dollars in late European trades.
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Anglo-Australian mining giant BHP Billiton on Wednesday announced Australia&#39;s biggest ever annual net profit, US$3.51 billion (euros 2.84 billion), thanks to soaring demand.
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The Australian sharemarket finished sharply higher today as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.
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BHP Billiton has delivered the biggest profit ever achieved by an Australian company - a $US3.38billion ($4.73billion) whopper, up 78 per cent on last year.
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Anglo-Australian mining giant Rio Tinto posts a 42% jump in full year profits in 2006 to a record $7.4bn.
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The Australian share market continues to go from strength to strength with another record breaking day. The All Ordinaries hit its peak late, up almost seven points to close at 3,734.
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SYDNEY : Australian share prices returned to record territory, adding 0.28 percent as investors shrugged off disappointing results from National Australia Bank to send the market higher, dealers said.