Southern Copper Corp. (NYSE:SCCO),Rio Tinto plc (NYSE:RIO),BHP Billiton Ltd. (NYSE:BHP),Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Sterlite Industries (India) Ltd. (NYSE:SLT) China’s lust for oil, copper, aluminum, iron ore and coal will bounce back during second half of 2011, having been sluggish as the government’s campaign put the brakes on growth and inflation. The current retreat [...]
Huijin, a unit of the 0 billion sovereign wealth fund China Investment Corp started to buy more shares in the country’s big banks on Monday, in the clearest sign yet that Beijing is looking to support the country’s struggling stock markets. China’s benchmark Shanghai Composite Index has shed nearly 17 percent so far this year, [...]
More corn stocks than expected showed up in the latest report out from USDA on Friday, which was a pleasant surprise for the ethanol industry. Despite the fact that corn stocks are reported to be 34% lower than a year ago, it was expected to be much worse, even just a few weeks prior to [...]
Thailand listed real estate firms are extremely undervalued at the moment Sansiri, Supalai, Asian Property, Apex Developments are quality companies with strong balance sheets and a very positive outlook. Real estate and construction businesses reported revenue for 2010 with income over 3 trillion baht and a total profit of 35 billion baht. Italian-Thai Development PCL [...]
Over the past 2 months Gold rose from 1500 to 1900 oz, and over the past few weeks Gold price has traded in a range between 1750-1900. The longer Gold trade this range then the more optimistic the play, as the 400 $ move was not a parabolic blow off Top that some are calling, [...]
