Many small investors have recently piled into commodities, especially copper, on the assumption that ever-growing demand from developing countries would keep sending prices skyward. Now they are learning a drop in demand is als…
In Asia Tuesday Hong Kong’s Hang Seng Index advanced 0.8% to 23,428 and China’s Shanghai Composite Index rose 0.7% to 2,876. In Japan the Nikkei 225 Index slid 0.3% to 10,141.
Continue reading Commodities Bolst…
A building boom — and the constrained supply of materials due to mandated energy cuts — sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improvin…
Political upsets in Peruvian regional elections could indicate a national shift to the left — and some business leaders worry that could discourage foreign investment in the country, which has rich natural resources such as oi…
Gold prices hit a record high Tuesday and may reach a record $1,300 an ounce later this year as investors fearing debt crises and potential inflation from interest rate cuts may put more of their money into the precious metal.
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