In India December quarter gold sales could be the worst in 8 years; in China chain stores are closing and jewelry manufacturers are going out of business.
Beijing has very ambitious 2020 growth targets. A new survey finds Chinese executives are much more confident than the rest of the world about hitting them.
The site remained on fire on Thursday and the temperature inside the mine “could have reached 1,000 degrees” Celsius (over 1,600 Fahrenheit), according to rescue workers.
The mining equipment maker said business conditions continue to be tough mostly due to a slower-than-expected recovery in the global economy and weak commodity prices.