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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: elmatador who wrote (54250)8/29/2009 3:31:28 AM
From: Snowshoe   of 217771
 
Weasel alert? Or lancing a boil?

China’s SOEs May Terminate Commodities Contracts
08-28 22:37 Caijing

Any such move would be a major blow to investment banks which service commodities hedging operations for Chinese SOEs on the international market.

(Caijing.com.cn) China’s state-owned enterprises may unilaterally terminate commodities contracts as they try to cut massive losses from financial derivatives, an industry source told Caijing on August 28.


more: english.caijing.com.cn
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