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The Australian stock market is modestly lower on Monday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling to near the 7,000 mark, following the mostly negative cues from global markets on Friday, with losses in financial and technology stocks partially offset by gains in gold miners and energy stocks.
Reflecting the negative cues from global markets on Friday, Asian markets are trading in the red on Monday, as traders remain cautious on renewed concerns about the outlook for interest rates after US data showed hotter-than-expected consumer price inflation and a slump in consumer sentiment.
We speak to John Fennell, CEO of the International Copper Association Australia Ltd (ICAA) about ICAA's recently released report Minerals Processing
Australia's largest gold miner Newcrest Mining on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter. Planned...