Hong Kong is the real loser from new China copper contract

Anti-graft advocates believe corruption in the Chinese military is so pervasive that it could undermine the nation’s ability to wage war.

The buyback was revealed in the company’s annual report, which showed improved operating profits in spite of difficult market conditions in the last two years.

Withdrawals from the Shanghai Gold Exchange (SGE) – currently the best indicator of Chinese wholesale demand – keep up a strong pace.

The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.

While China is struggling with its gross domestic product (GDP) growth metrics, the country’s main stock market—the Shanghai Composite Index (SCI)—is easily outperforming the S&P 500 and NASDAQ.

Benchmark 62% fines up 3% and premiums for high quality lump ore jump to 11-month high.

Physical buyers numbering millions are setting up a sustainable long-term gold price upswing in the face of a small group of speculators.

China’s central bank circulated a draft plan to ease restrictions on gold imports, said people with knowledge of the matter, in a move that may lead to lower prices in the world’s biggest market for bullion.

Walsh emphasized Rio was not planning any major acquisition to protect itself from a potential takeover by the commodity trader and miner rival.