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SYDNEY, March 1 (Xinhua) -- The Australian share market recovered from its heavier morning losses to finish only slightly down on Wednesday, with the speech by U.S. President Donald Trump not having much of an impact on the local market.
At the market close, the S&PASX200 index was down 7.4 points, or 0.13 percent, to 5704.8 points, while the larger All Ordinaries index was down 10.1 points, or 0.18 percent, to 5750.9 points.
There were some big movers in Wednesday's trade, with athlete tracking device company Catapult firing up in value, ahead 4.37 percent, worldwide retailer Harvey Norman struggled mightily, down 5.92 percent.
The banking sector had some mixed returns, with the Commonwealth Bank of Australia finishing up 0.44 percent, the National Australia Bank was flat for no gain, Westpac was up 0.39 percent, while ANZ had a modest raise, up 0.1 percent.
The miners couldn't dig themselves out of their early morning hole, with BHP Billiton losing 0.76 percent, Rio Tinto was down sharply, 1.10 percent, Fortescue backslid, down 0.53 percent, and Newcrest had a bad day of trade, down 1.49 percent.
The price of oil rising 0.15 percent to 54.09 U.S. dollars a barrel (at 1620 local time AEDT) wasn't enough to help the oil and gas companies, with Santos down 2.37 percent, Oil Search also did poorly, down 1.15 percent, while Woodside Petroleum fell a huge 1.66 percent in trade on Wednesday.
Grocery giant Woolworths were hit with a 1.09 percent loss, while their rival Wesfarmers scraped through today's trade with a minor 0.02 percent gain.
Biotech firm CSL reversed a bad start to score a 0.12 percent gain, airline Qantas didn't fare as well, down 0.4 percent, while telco giant Telstra dropped out heavily into the red, with a drop of 3.84 percent on Wednesday.
At 1633 local time AEDT, one Australian dollar buys 76.57 U.S. cents.
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BEIJING, Sept. 15 (Xinhua) -- The bad loan ratio of Chinese commercial banks remained at a healthy level in August due to strengthened efforts from financial regulators to rein in risks Kevin Byard Shirt , data from the banking regulator showed.
The non-performing loan (NPL) ratio stood at 1.86 percent at the end of August, China Banking Regulatory Commission (CBRC) said in a statement Friday.
The NPL ratio of Chinese lenders declined for the first time since 2012 to the current level in the last quarter of 2016, an encouraging sign for the economy plagued by piling debt.
Banks are running safely and soundly with risk resistance improved and their capacity to serve the real economy strengthened Derrick Henry Shirt , the CBRC said.
Banks' total assets reached 239 trillion yuan (about 37 trillion U.S. dollars) at the end of August, and the provision coverage was at 175.1 percent, the data showed.
Their capital adequacy ratio stood at 13.2 percent at the end of August Jonnu Smith Shirt , according to the statement.
1st direct freight train service linking E China, Duisburg launched
London subway station blast being treated as terrorist incident
Super typhoon Talim brings gale and heavy rainfall, causing billows in E China
Exhibition held during National Mass Innovation Entrepreneurship Week
Special snacks displayed during 14th China-ASEAN Expo
Scenery of paddy fields in Baicheng Corey Davis Shirt , NE China's Jilin
China Focus: World's oldest panda dies aged 37
Scenery of terraced fields at Wuyishan in SE China's Fujian
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