Hong Kong stocks held steady yesterday as fears eased over the economic impact of the devastating earthquake in Sichuan province, offsetting concerns over record high oil prices and pessimistic comments by the US Federal Reserve.
Aluminum Corp of China and Tencent Holdings Ltd rose in Hong Kong trading yesterday on their planned inclusion in the city's benchmark Hang Seng Index.
The world iron ore industry is dominated by three major international suppliers: Brazil's Companhia Vale do Rio Doce and two Australian producers BHP Billiton and Rio Tinto. These three contribute around 80 percent of the world's sea-borne iron ore that are shipped into emerging markets such as China.
This year, for sure, is the year of economists.
Shanghai stocks ended 0.37 percent higher yesterday, giving up some of their late gains after a strong earthquake in Southwest China rocked buildings in Shanghai about half an hour before the market closed.
Born in 1932 in Tongshan county of East China's Jiangsu province, Yu Jigao is considered to be among the most outstanding living Chinese artists who work in the traditional bird-and-flower genre.
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