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Global demand for steel remains weak even as prices for iron ore rise slightly indicating that steelmakers could be in for another tough quarter. As if on cue, AK Steel Holding Corp. (NYSE: AKS) this...
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A look back at the U.S. recession and the halted growth that has followed shows that two portions of the economy where at the core of the slide — jobs and housing. In 20/20 hind site, if the...
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Shares of several of the solar PV makers are trading higher today, most likely due to today’s options expirations. Shares of Trina Solar Ltd. (NYSE: TSL) are up more than 7% as are shares of...
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China imported about 6 million barrels/day of crude oil in May, up 10% over April imports. But the country did not increase its refineries inputs at all, leading some analysts to conclude that China...
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A new report from the U.S. Treasury called the Treasury International Capital Report is showing that, at least for now, China (and other nations in total) remains a net buyer of U.S. Treasury debt. ...
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The world’s largest base metals market is moving to the Far East. The 135-year-old London Metals Exchange (LME) has agreed to be acquired by Hong Kong Exchange & Clearing (HKEx) for $2.2...
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Chinese solar panel maker JA Solar Holdings Co. Ltd. (NASDAQ: JASO) this morning announced an ADS repurchase plan for up to $100 million by the end of September. The strangeness of this announcement...
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Installation of solar photovoltaic (PV) panels doubled in 2011 and appears to be on track to grow by an additional 75% in 2012. But that could be end of the run for a while. Solar panel makers like...
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Solar panel maker First Solar Inc. (NASDAQ: FSLR) is trading up nearly 15% today following the company’s announcement that it will now keep its German manufacturing facility open until the end of...
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US Secretary of State Hillary Clinton yesterday issued a statement reporting that she will report to Congress that an additional 7 countries have been added to a list of 11 that are already exempt...
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In remarks at a conference with Asian Banking leaders, San Francisco Federal Reserve Bank President John Williams said that though the global banking system is in better shape than it was three years...
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China’s auto dealers are taking more deliveries of new cars than they can sell. Deliveries totaled 1.28 million vehicles in May, higher than the consensus estimate of 1.22 million and the third...
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China’s May export numbers were much stronger than expected. With the world’s economy slowing, it is hard to imagine where those exports went. It is even harder to figure out how this success can...
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As if you had not guessed that China’s weekend releases of economic data were going to be weak after that surprise rate cut late in the week, the tally is out and it is weak on all fronts. The...
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Even though solar PV stocks have plunged over the last 18 months, there is a ray of hope in the sector according to a report at Bloomberg. China’s five largest solar panel makers expect an increase...
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