Page 2 - Vertium Asset News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Credit Suisse kvůli fondu Archegos odepíše v přepočtu přes sto miliard
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UPDATE 2-Australia s AGL Energy to split in push to attract new investors
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UPDATE 2-Australia s AGL Energy to split in push to attract new investors
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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Another stunning rally in iron ore prices is set to put a rocket under profits for the major iron ore producers, showering shareholders with dividends, shoring up the sharemarket and helping the government restore its pandemic-ravaged finances.
Last week, the spot iron ore price reached $US172.36 a tonne, up 1.3 per cent on the previous session according to Fastmarkets MB. Iron ore futures on the Singapore exchange traded at $US170.15 a tonne at the end of the week – the highest since their inception in 2013 – after rallying nearly 10 per cent since the start of the year.
Milford s William Curtayne says profits for Australia s iron ore giants could double expectations.