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>> AUSTRALIA Latest News

MAR 19, 2013 - MarketWatch

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Australian stocks fall as miners slide

SYDNEY (MarketWatch) -- Australian shares fell in early trading on Wednesday, with the S&P/ASX 200 index trading down 0.9% at 4,943.60. Providing a weak lead for Australian investors, the Cypriot parliament rejected a bailout plan set out by the country and its institutional creditors last weekend. Miners and energy firms were the worst performers, with the mining sector dropped 1.7% in early action. BHP Billiton Ltd. fell 2.5% after it was fined and ordered to pay costs over a worker's death in Western Australia. Copper miner PanAust Ltd. fell 1.6% while iron ore producer Fortescue ... Read More

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