澳洲新闻 (ABC新闻快递) 2016-01-10

时间：2016-01-25 07:00:37

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Markets were boosted after Chinese authorities abandoned their automatically market suspension mechanism¹, which shut down trade twice this week. Australian shares stemmed some of their falls in afternoon trade. The All Ordinaries Index fell about 1/3 of percent. The ASX200 dropped below the key 5,000 level. The big miners were mixed, but the big banks finished lower. Woodside Petroleum² gained. And miner, Alumina dropped after it's partner cuts aluminium³ production in the US.

Now Asian markets rose after Chinese authorities increased value of the Chinese currency. The yuan and the price of oil increased. But it's been a volatile⁴ day of trade by the Shanghai Composite Index. Spot gold is back but still above 1,100 US dollars an ounce. Tapis Crude Oil increased in Asian trade. The Australian dollar recovered ground to around 70.6 US cents.

Now anther Australian iron ore miner is in trouble. The WA miner Gindablie Metals is in a trading halt as it prepares to update the market on its debt laden⁵ in Karara project next week. That follows a media report that the parent company, Chinese steelmaker Angang Steel won't be able to put new funds into the iron ore mine.

Now in good news for Dick Smith customers, Coles says it will honor Dick Smith gift cards bought at its supermarkets. Dick Smith went into voluntary administration earlier this week. The administrator⁶ says gift cards and laybuys won't be honored. Coles says it will honor the gift cards bought at its supermarkets but only if customers can produce receipt. One of Dick Smith's online competitors has offered to swap⁷ the cards. Another has offered a $25 voucher⁸.

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澳洲新闻 (ABC新闻快递) 2016-01-10

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