Chinese mining stocks are amongst the big winners in the wake of signalling by both Wen Jiabao and Ben Bernanke that central banks on either side of the Pacific are set to pursue further stimulus measures.
The absence of Xi Jinping from several key occasions of state this month has triggered grave concerns about the well-being of China's presumptive heir to power on the eve of the country's decennial leadership transition.
Silvercorp Metals (TSX/NYSE:SVM) is alleged to have procured the assistance of police in arresting and silencing critics of the company who sought to profit from the short-selling of its stock.
Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.
China is showing further signs that stimulus spending to prop up its slowing economy could well be on the way with President Hu Jintao evincing a commitment to economic growth at the APEC summit over the weekend.