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Australia’s market recovery led by big banks and Telstra

Australia’s market recovery led by big banks and Telstra

The eurozone’s debt crisis shifted to France on Friday, leading to a bit of a respite for the Australian markets. The S&P/ASX closed flat at 0.5 points (0.01%) at 4140.8…

Australian stocks close at 25-month low

Australian stocks close at 25-month low

The Australian benchmark S&P/ASX-200 index closed down 2.91%, or 119.3 points, on Monday erasing $32bn in value and closing at 3986.1, the lowest in two years. The benchmark S&P/ASX-200 index…