Precious metals craze prompts China fund to turn away investors
UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn.
Copper, iron ore prices gap down again amid credit crackdown
The benchmark iron ore price was hammered again on Wednesday, capping an awful April which saw the steelmaking raw material lose almost 10% in value. According to data from the The Steel Index, the import price of 62% iron ore...
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