澳洲新闻 (ABC新闻快递) 2014-08-10

 The Australian share market posted steep falls today following global markets lower. The main driver of the selling was the announcement by US President Barack Obama that the US will initiate¹ airstrikes against assets in Iraq. By the close, the All Ords has slumped² 1.33%. The ASX 200 Index recorded similar falls. Across the region, the sale down in Japan was very steep. The Nikkei lost 3%. Hong Kong’s market at the moment is fairly flat. Onto Wall Street, the Dow Jones retreated 0.5%. The S&P 500 Index was 0.6% lower.

 

Malaysia’s Stake Investment Fund is taking the trouble Malaysia Airlines Private. The fund is paying 436 million US dollars to buy the more than 30% stake in the carrier it doesn’t already own. Malaysia Airlines will now be delisted from the country’s stock exchange. The state fund says it’s planning a major overhaul³ of the airline. Malaysia Airline has made heavy losses for the last three years even before the disappearance⁴ of MH 370 and the downing of MH 17 by missile in Ukraine. 

 

The latest economic update from the Reserve Bank shows that the rebalancing of the economy are weighed for mining lead growth is taking longer than expected. The RBA has cut the economic forecast for this year and next by a quarter of a percent. The inflation forecast is also revised lower. And the bank repeated its belief that the jobless rate will remain high until 2016.

 

The Australian dollar continues to drop against the greenback in the wake of that statement from the RBA. Right now, it’s worth 92.5 US cents.

1 initiate   

vt.开始，创始，发动；启蒙，使入门；引入

参考例句：

• A language teacher should initiate pupils into the elements of grammar.语言老师应该把基本语法教给学生。
• They wanted to initiate a discussion on economics.他们想启动一次经济学讨论。

2 slumped   

大幅度下降，暴跌( slump的过去式和过去分词 )； 沉重或突然地落下[倒下]

参考例句：

• Sales have slumped this year. 今年销售量锐减。
• The driver was slumped exhausted over the wheel. 司机伏在方向盘上，疲惫得睡着了。

3 overhaul   

v./n.大修，仔细检查

参考例句：

• Master Worker Wang is responsible for the overhaul of this grinder.王师傅主修这台磨床。
• It is generally appreciated that the rail network needs a complete overhaul.众所周知，铁路系统需要大检修。

4 disappearance   

n.消失，消散，失踪

参考例句：

• He was hard put to it to explain her disappearance.他难以说明她为什么不见了。
• Her disappearance gave rise to the wildest rumours.她失踪一事引起了各种流言蜚语。