Sichuan Tengzhong, the provincial Chinese maker of machinery is struggling to gain regulatory approval from Beijing to close their purchase of GM’s Hummer. The company appears to have run up against a policy issue that has nothing to do with east-west relations and everything to do with the direction the Chinese authorities want to take [...]
Image by Phil Mansfield for The New York Times Hard substance, soft surface. Thick assemblage, thin deconstruction. Opaque themes, transparent expression. These coupled contrasts broadly characterize Sculptor Cal Lane’s passion for “desirable oppositions. In this playing with opposites, balance is the search. Her hands-on transformation of oil drums, cars and shovels results not only in [...]
We have not been alone in saying we could see a revaluation of the Chinese Yuan or Renminbi against the US dollar this year so anyone reading our columns will not be surprised to hear that no less than Jim O’Neil, Goldman Sachs chief economist agrees “something is brewing in China and a currency revaluation [...]
One question everyone likes to ask us is this: how accurate were your previous predictions? Since we don’t exactly self-score, we’ll give the stock answer we give all of our prospects, “go back and judge for yourself. To save you the trouble, here are two of the most popular posts we have ever written on [...]
It should be taken as a sign of India’s evolution as a global rather than a national player that Steel Authority of India, the country’s largest steel producer, is looking overseas for supplies of iron ore. Although India is a major iron producer in its own right, granting of new mining rights have been fraught [...]
Japan’s JFE was surprisingly bullish in comments made by Tsutomu Yajima, senior vice president of JFE Holdings’ core unit JFE Steel Corp, in a Reuters article. Yajima is quoted as saying the company is in talks with its clients in Asia to boost its hot coil prices by $200 per metric ton to the mid-to-upper [...]
We have rarely (if ever) published any case studies let alone talked about the quality of various metal price indexes available in the market today. However, we recently received an email from a colleague, Doug Peterson, who wrote in asking if we were aware of any report or information examining the accuracy of any of [...]
Fusion power is one of those Sci Fi technologies that has long been understood in the abstract but tantalizingly out of reach in the practical “ability to generate usable power sense. We have written on the topic before and we are not about to tell you now that there has been some major break-though that [...]