China increases prices on domestic fuel for the first time in 10 months after producers Sinopec (SNP) and PetroChina (PTR) urged for the hikes to match the increased costs for international crude. ...
Read the rest of this article on SeekingAlpha.com: SA Currents
Related Videos
-
The Most (and Least) Critical Things to Watch in the EconomyTake Europe and China off your big worry list and focus instead on the consumer and inflation , says Morningstar's Bob Johnson.
-
Four Positive Surprises for the Economy in 2012The U.S. is particularly well situated compared with almost any other economy in the world right now, says Morningstar's director of economic analysis. These four factors should push 2012 GDP growth ahead of 2011's rate.
-
China's Next Growth StoryMatthews China manager Richard Gao says the fund is tracking the evolution of domestic consumption in the country by focusing on banks, insurance, luxury goods, leisure, and information technology.
-
3 Economic Worries That Needn't BeHigher gas prices, a moderate slowdown in China , or a tick up in interest rates don't spell doom for the U.S. economy, says Morningstar's Bob Johnson.