Rubber five-week high jump following US auto sales predictions

Source: Bloomberg
Rubber reached five-week record high on Wednesday on intensified speculations about increase in demand for the commodity. Rubber for December delivery gained 2.2% on the Tokyo Commodity Exchange. General Motors Co., Ford Motor Co. and Chrysler Group LLC documented sales that helped the industry to achieve the best year from 2007. Rubber futures for September advanced 0.2%. 
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Wed, 04 Jul 2012 10:15:39 GMT

Hang Seng slips 0.1% on Wednesday

Hong Kong shares did not follow overall positive market sentiment in Asia on Wednesday and country's major stock index Hang Seng closed 0.13% or 25.78 points lower at 19,709.75. Analysts associate retreatment with profit taking after recent strong gains. Moreover investors looked forward ECB interest rate decision due on Thursday. Today's loss, however, was limited as energy companies rallied due

Wed, 04 Jul 2012 15:05:38 GMT

Clinton's 'sorry' may resolve two nations' opposition

Hillary Clinton`s, US Secretary of State, apology about a baleful border conflict was followed by Pakistan renewing military supply. Pakistani decision was urged by several conversations as as Obama administration prepares to  exit Afghanistan. While the reopening of supply-line was the first sign of progress amid agreement on more than $1bn US funding for Pakistan, both sides still have their

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