News You Can Use for Tuesday
We so knew this was going to happen ...
Chinese Steelmakers, Government Study Bid for Rio Tinto, Shougang Says Chinese steelmakers, the largest buyers of iron ore, and the government are studying a joint bid for Rio Tinto Group to counter a $134 billion offer from BHP Billiton Ltd.
And some other news as well ...
Bank of Canada Unexpectedly Cuts Rate as Currency, Credit Slow Inflation The Bank of Canada unexpectedly cut interest rates for the first time in more than three years after a soaring Canadian dollar and financial market ``volatility'' restrained inflation faster than the bank forecast.
China's Economy May Grow 11.6% in 2007, Xinhua Reports, Citing Economist China's gross domestic product may grow 11.6 percent in 2007, up from 11.1 percent last year, state-run Xinhua News Agency reported, citing a study from the Chinese Academy of Social Sciences in Beijing.
Gold Jewelry for Demand in China May Increase 20% This Year, Beating U.S. China's demand for gold jewelry may increase by about 20 percent this year as rising personal incomes help it to race ahead of the U.S. as the world's second- biggest market, researcher GFMS Ltd. said.
India Needs to Accelerate $500 Billion Spending to Sustain Record Growth India needs to double spending on roads, ports and other infrastructure by 2012 or risk derailing its record economic growth surge, said Montek Singh Ahluwalia, a key policy adviser to the government.
World Wheat Stockpiles to Increase in 2008-09 for First Time in Four Years World wheat stockpiles will probably rise for the first time in four years in 2008-09 because of increased plantings, which may help push down prices, said Etsuo Kitahara, executive director of the International Grains Council.
Chinese Steelmakers, Government Study Bid for Rio Tinto, Shougang Says Chinese steelmakers, the largest buyers of iron ore, and the government are studying a joint bid for Rio Tinto Group to counter a $134 billion offer from BHP Billiton Ltd.
And some other news as well ...
Bank of Canada Unexpectedly Cuts Rate as Currency, Credit Slow Inflation The Bank of Canada unexpectedly cut interest rates for the first time in more than three years after a soaring Canadian dollar and financial market ``volatility'' restrained inflation faster than the bank forecast.
China's Economy May Grow 11.6% in 2007, Xinhua Reports, Citing Economist China's gross domestic product may grow 11.6 percent in 2007, up from 11.1 percent last year, state-run Xinhua News Agency reported, citing a study from the Chinese Academy of Social Sciences in Beijing.
Gold Jewelry for Demand in China May Increase 20% This Year, Beating U.S. China's demand for gold jewelry may increase by about 20 percent this year as rising personal incomes help it to race ahead of the U.S. as the world's second- biggest market, researcher GFMS Ltd. said.
India Needs to Accelerate $500 Billion Spending to Sustain Record Growth India needs to double spending on roads, ports and other infrastructure by 2012 or risk derailing its record economic growth surge, said Montek Singh Ahluwalia, a key policy adviser to the government.
World Wheat Stockpiles to Increase in 2008-09 for First Time in Four Years World wheat stockpiles will probably rise for the first time in four years in 2008-09 because of increased plantings, which may help push down prices, said Etsuo Kitahara, executive director of the International Grains Council.
Labels: agriculture, Canada, China, gold, India, Infrastructure
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posted by Sean Brodrick @ 10:00 AM
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