Category: Uncategorized

Rubber clings on China stimulus

Rubber advanced, reversing earlier losses after Chinese policy makers pledged new spending, boosting speculation that demand from the world’s largest consumer may weather Europe’s debt crisis and keep expanding. November-delivery rubber gained 0.6% to settle at 271.9 yen a kg…

Hankook reaches the mark

SOUTH Korean tyre maker Hankook Tire has reached US$1 billion sales in the US for the 2011 fiscal year for the first time in its 30-year history. “Our continued strong growth in the US market is driven by our investment…