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|SYDNEY Nike Air Max 97 Premium Mujer Light Bone En línea , June 20 (Xinhua) -- The Australian market opened flat on Tuesday, despite a robust performance from Australia's trading partners as investor concerns continue about the negative outlook on Australia's economy.
At 1010 local time AEST, the S&PASX200 index was up 3.80 points, or 0.07 percent, to 5,809.00 points, while the broader All Ordinaries index gained 4.40 points Ofertas Nike Air Max 97 Mujer Blancas Rojas , or 0.08 percent, to sit at 5,839.90.
Despite the ongoing controversy surrounding the 6.2 billion Australian dollar (4.7 billion U.S. billion dollar) levy on Australian banks, the bill was passed on Monday night, and will come into effect on July 1, to the dismay of the banking sector which campaigns heavily against the tax.
Although the bank tax passed through the senate, IG market analyst Chris Weston told Xinhua on Tuesday the levy had little impact on the market on Tuesday Baratas Nike Air Max 97 Hombre Wheat Doradas , nor did the recent action by global credit ratings agency Moody's to downgrade 12 Australian banks.
"Financials are down, but to be honest, it's still one of the better performers. The Moody's downgrade is not a major market story, in my opinion, and the levy had already been widely priced into stocks, if investors are selling their bank stocks today (Tuesday), they are certainly very late Nike Air Max 97 Hombre Barely Rose Baratas ," Weston told Xinhua.
"We have so many robust, bullish markets around us, Japan, China, Europe, and the U.S., are all looking very positive Baratas Nike Air Max 97 Ultra '17 Hombre Blancas , so it's difficult to explain why we are down. There's a negative cloud hanging over the market today."
Capital may even move out of the Australia and into foreign financial markets, and Weston said investors may want to back away from the "soggy" Australian economy, and potentially move on to "more upbeat" prospects elsewhere, unless the current market situation trends upwards.
The banking sector experienced fairly flat performance in the early going, as the Commonwealth Bank of Australia rose 1.14 percent, Westpac picked up 1.15 percent, the ANZ also made gains Comprar Nike Air Max 97 Hombre Blancas Rojas , up 0.92 percent, National Australia Bank was up 1.48 percent, and the Macquarie Group, which will have to face the bank levy alongside Australia's major banks, gained 0.74 percent.
The mining sector also experienced a quiet start to trading, BHP gained 0.04 percent, Rio Tinto was down 0.05 percent Ofertas Nike Air Max 97 Plus Hombre Negras Naranja , Fortescue was up 1.28 percent, while Newcrest picked up 1.36 percent.
Among the energy giants, Santos rose 0.33 percent, but Woodside Petroleum fell 0.69 percent, and Oil Search dropped 0.44 percent.
The retail sector appeared to be struggling across the board, with Wesfarmers and Woolworths down 0.22 percent and 3.50 percent, meanwhile other prominent Australian retailers like Harvey Norman Nike Air Max 97 UL'17 Hombre Midnight Marina Azules España , JB Hi-Fi, and Myer also experienced a tough start to the day.
Qantas saw modest gains of 0.18 percent, and Telstra was up 0.68 percent.
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BEIJING, Sept. 22 (Xinhua) -- The State Council, China's cabinet, announced the appointment and removal of several senior officials Friday.
Wang Yupu was appointed head of the State Administration of Work Safety. Zhang Xiaoming was named director of the Hong Kong and Macao Affairs Office of the State Council Nike Air Max 97 Ultra Hombre Particle Rose Baratas , replacing Wang Guangya.
Wang Zhimin replaced Zhang Xiaoming as the director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region (SAR).
Zheng Xiaosong was appointed as head of the Liaison Office of the Central People's Government in Macao SAR, replacing Wang Zhimin.
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BEIJING, July 12 (Xinhua) -- Beijing police Wednesday seized 3,185 pieces of suspected ivory.
The products -- weighing 48.3 kg combined -- were on display at seven stalls in the Guanxin Market in Chaoyang District. Ten people have been held for questioning.
Police said their investigation had been going on for some time before Wednesday's raid. The items have all been sent to labs to confirm whether they are made of ivory.
Chinese craftsmen have a long history of carving elephant tusks into elaborate artworks, which are often very expensive.
The government plans a full ban on commercial processing and sale of ivory and products by the end of this year.
Police said the illegal ivory trade has been dropping in recent years. Last year, the amount of smuggled ivory tracked down by the authorities fell as much as 80 percent from previous peak years.
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