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>> AUSTRALIA Latest News

OCT 22, 2013 - MarketWatch

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Australia stocks rise, paced by mining advances

LOS ANGELES (MarketWatch) -- Australia stocks rose early Wednesday, as advances for mining shares put the equity benchmark in line for a seventh straight gain. The S&P/ASX 200 tacked on 0.4% at 5,394.90. Shares of mining company each picked up at least 1.2% after gold, silver and other metals futures jumped on expectations of further monetary stimulus from the Federal Reserve in the wake of soft U.S. September jobs data. Stock in gold producer Newcrest Mining Ltd. and Evolution Mining Ltd. surged 5.6% and 6.3%, respectively, and copper miner OZ Minerals Ltd. rose 1.5%. Iron-ore ... Read More

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