The world’s biggest miner has its own writedown issues, but iron ore, copper and petroleum guidance as well as recovering US gas prices suggest a solid fiscal 2013 is afoot. Read More
Pacific Digest
The world's second-biggest miner, Rio Tinto Ltd (ASX: RIO, NYSE: RIO), posted expectations-beating iron ore production for the fourth quarter and for 2012. Plans to develop production of the key steel input remain on track. Read More
Earlier this week, the ASX suffered its third hoax in less than a year, an event that briefly roiled shares of a well-known coal miner. However, investors can turn such temporary dislocations to their advantage. Read More
AE Portfolio Holdings posted solid total return numbers last year, helped by a stronger Australian dollar and a fourth-quarter rally driven by a reviving China. Read More
AE Portfolio Aggressive Holding Origin Energy Ltd (ASX: ORG, OTC: OGFGF, ADR: OGFGY) has contracted to sell gas at a rate more than double the current market price and well above the previous high for a long-term supply contract. Read More
The International Energy Agency's second coal-focused report reaches similar conclustions to those in the inaugural 2011 study. Despite the fact that nobody seems to like it, coal's usage around the world will continue to rise. Read More
The world’s largest milk producer is fresh off its IPO, but investors should probably wait until its shares settle down. Read More
The Reserve Bank of Australia trimmed its cash rate by 25 basis points to 3 percent this week. The Australian dollar popped on the announcement. Read More
A recently released report from the International Monetary Fund supports the Australian dollar, and the HSBC Flash China Manufacturing PMI for November bolsters the Australian economy. Read More
Following the conclusion of the first part of a once-a-decade power shift, attention will now focus on how China manages its transition to a domestic-oriented economic growth model. Read More