International Business News - ACH http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Aluminum Corp. of China's stake in mining giant Rio Tinto PLC is safe even though it is held by a unit of defunct investment bank Lehman Brothers, the company said Friday. http://www.ibtimes.com/articles/20081017/chinalco-rio-tinto-stake-not-hurt-by-lehman-woes.htm Fri, 17 Oct 2008 07:13:04 EDT Chinese stocks recovered from early losses Monday in what analysts said was a buying spree by state-owned financial institutions. The benchmark Shanghai Composite Index gained 3.7 percent, or 73.00 points, to 2,073.57. It had dropped 3.4 percent by midday in volatile trading. The Shenzhen Composite Index added 1.9 percent to 541.32. http://www.ibtimes.com/articles/20081013/china-stocks-rebound-on-government-led-buying.htm Mon, 13 Oct 2008 07:30:55 EDT Shares of Alcoa Inc. plummeted to their lowest level in nearly 13 years Wednesday, a day after the aluminum producer reported a 52-percent drop in third-quarter earnings. http://www.ibtimes.com/articles/20081008/alcoa-shares-plunge-after-3q-profit-sinks-52-pct.htm Wed, 08 Oct 2008 20:31:47 EDT Alcoa Inc., the world's third-largest aluminum producer, on Tuesday reported a 52-percent drop in third quarter profit and said it would conserve cash by suspending its stock buyback program and all non-critical capital projects. http://www.ibtimes.com/articles/20081007/alcoas-3q-profit-falls-52-percent.htm Tue, 07 Oct 2008 22:12:46 EDT China's main stock indices rose Friday, following the rise of overseas markets as oil prices dropped below $130 a barrel. The benchmark Shanghai Composite Index rose 3.49 percent to 2,778.37. The Shenzhen Composite Index for China's smaller second market rose 3.03 percent to 824.68 http://www.ibtimes.com/articles/20080718/china-stocks-rise-after-oil-prices-fall.htm Fri, 18 Jul 2008 09:30:24 EDT Shares of several U.S. aluminum producers moved higher Friday as low inventories and tight supply raised prospects for continued price hikes. Barclays Capital said in a research report that demand growth for aluminum, though slower this year than last, has remained robust. http://www.ibtimes.com/articles/20080613/shares-of-several-big-aluminum-producers-rise.htm Fri, 13 Jun 2008 11:49:31 EDT Shares of Alcoa Inc. rose Friday after an analyst said China will shortly become a net importer of aluminum. Shares of the top U.S. aluminum producer rose $1.39, or 4 percent, to close at $36.11. http://www.ibtimes.com/articles/20080502/last-call-alcoa-shares-climb.htm Fri, 02 May 2008 16:54:15 EDT