Aug 09, 2013 8:31 AM ET
Australian market indexes struggled and Reserve Bank of Australia lowered its economic outlook to 2.25%. Australian dollar gained above 91.40 U.S. cents. Rio Tinto said it plans to go ahead with its $5.5 billion expansion at its Australian iron ore mines.
Aug 08, 2013 9:37 AM ET
Australian stocks jumped and jobless rate held at 5.7% in July. Rio Tinto net plunged 71% in first-half on 3% decline in revenues as a decade long mining boom slows and commodities prices fall.