Australia’s number one export, iron ore, has been dragged back into a bear market by weakening steel production and an economic slowdown in China, pushing the price of the bulk commodity back below $US100 ($135) […]
The price penalties imposed on Fortescue Metals’ iron ore rose for the third consecutive quarter, as the fading of the iron ore boom hits Australian producers of intermediate and lower grade products. Over the past three […]
Bitcoin rallied to a record, topping $US66,000 ($88,400) for the first time as optimism surged for greater mainstream acceptance in the wake of the successful launch of the inaugural exchange-traded fund for US investors. While […]
Australian wine exports have slumped to a five-year low because of the heavy tariffs imposed by the Chinese government. Wine Australia, the industry body that tracks official data, said on Tuesday that overall exports for the […]
A rebound in the price of iron ore has failed to ignite hopes of a return to the dominance of the steel-making commodity over 2020-21, with the themes that drove its collapse last month still […]
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