By Adrian AshCentral bankers destroy the value of cash first with sub inflation interest rates, and then with unlimited credit aimed at bailing out bad investments across the banking sector
China's top e-commerce firm Alibaba.com fell below its IPO price for the first time on Tuesday before the company announced later in the day that its 2007 earnings more than quadrupled.
CITIC Securities Co, one of China's largest brokerages, formally announced on yesterday that it would cancel a proposed $1 billion investment in Bear Stearns Cos after the Wall Street brokerage was bought by JPMorgan Chase & Co.
Affected by investor's worrying about interest rates rising, China's Shanghai Stock Exchange composite Index (SSI) fell 151.15 points,or 3.96 percent,to reach 3668.90 on Tuesday afternoon, which reached the 8-month-lowest record since July 2007. Shenzhen Stock Exchange component index fell 718.76 points,or 5.44 percent to reach 12489.02.
By Binu Alex Use of nuclear fuel to generate extra 50,000 MW of electricity, is the available option in near term
There s almost an unwritten rule that someone or something major has to fail before the bears are done, says Cash McDash, a hedge fund manager.
By Doug CaseyInflation is rising globally, driving Gold Bullion higher, as both money prices increase...
Commodity Online Jayant Deo, former MERC Member and an expert in energy sector, speaks about various issues that are being faced by the energy sector
By David GallandWhile almost everyone sees price inflation when it happens, few people notice the monetary inflation that is causing it.
Access to YouTube in China was cut on Sunday after footages of the bloody protests in Tibet appeared on the site.
U.S. copper futures closed down erasing earlier gains on Thursday as investors worry that an economic recession in the United States could reduce demand for the metal.
U.S. copper futures climbed today as the dollar slumped to a record low against the Euro amid a gloomy economy outlook.
Cotton posted high gains on Tuesday amid speculations that dollar decline was increasing demand for futures traded in New York.
The FTSE 100 share index dropped 1.2 per cent on Monday following poor performances by banks, miners and housebuilders.
Soybeans and soybean oil declined on Monday after investors sold some commodities to raise cash following a demand from banks for more money to back the available money positions in stocks and bonds.
Corn increased on Monday boosted by a an increase of crude oil which revived speculation that demand for crop-based fuel such as ethanol will increase.
U.S. copper futures closed down at a two week low on Monday as investors worry about an economic recession in the United States and less demand from China.
Copper prices closed with gains on Friday despite of an earlier decline triggered by fears of an economic recession in the U.S.
Soybeans declined on Friday, posting the highest loss since July 2005, after China canceled some contracts for buying soybean oil.
Chinese Foreign Ministry spokesman said on Tuesday that the new round of sanctions imposed on Iran by the U.N. Security Council will not affect China's trade with that country.
China's coal-to-oil experiments are developing smoothly, according to officials.
The Chinese government said on Tuesday that China will not abolish the a series of economic laws and regulations that launched recently, even though these policies mean that foreign investors doing business in China become even more difficult.
