
Watpac's (ASX:WTP) Civil & Mining division has been awarded two major construction and services contracts by BC Iron (ASX:BCI) totalling in excess of A$300 million for the WA iron ore company's Nullagine 50:50 iron ore joint venture with Fortescue Metals Group Ltd (ASX:FMG).
Yesterday China stocks posted their biggest fall of the year and dragged the Asian markets lower. The Shanghai Composite index lost 4.8 per cent on jitters after the government measures to cool China's property market. Japan's main index fell 1.7 per cent, while Hong Kong's fell 2.1 per cent. The Australian market dropped 1.4 per cent.
Key Economic Facts and Figures
Today the Reserve Bank of Australia releases its monetary policy meeting minutes with insights into the economic conditions that influenced their recent interest rate decision.
Company News
The Australian Competition and Consumer Commission (ACCC) decided to oppose National Australia Bank's (



Watpac's (



Newcrest Mining Ltd (


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