China raised holding of the US debt

Note: This section contains information in English only.
Source: BBC
China has raised its US debt holding for the second consecutive month as country's foreign exchange portion continued to advance. China purchased 12.7 billion US dollars of the US Treasuries in February thus boosting the debt holding to 1,178.9 billion US Dollars, according to the US Treasury Department. Chinese foreign exchange reserves gained 3.9% in Q1 on an annual basis.
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Tue, 17 Apr 2012 10:18:24 GMT

Rio Tinto reported a 2% increase in iron ore sales

Rio Tinto Ltd. announced that its sales of iron ore soared by 2% in Q1 on a yearly basis whereas copper output tumbled by 18% as red metal's grades are likely to be lower than expected. Meanwhile iron ore production surged by 10% attaining 59 million tons while alumina output increased by 13%. The production of coking coal gained 5%

Tue, 17 Apr 2012 09:40:15 GMT

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