The Business Times
business-time-50

China grid investment will boost copper consumption this year: state research firm

google-preferred-sourceAdd BT as a preferred source
Published Mon, Jan 19, 2015 · 09:50 PM

    Hong Kong

    RECORD investment in China's state power grid is set to boost copper consumption in the power sector this year by around 9 per cent, a state-backed research firm said on Monday, a positive piece of news for a metal languishing near 5-1/2 year lows.

    The forecast by research firm Antaike comes after state media reported on Friday that the power grid plans to invest 420 billion yuan (S$90 billion) in 2015, up 24 per cent from last year.

    TRENDING NOW

    Norris Road in Little India. An operator of unlicensed money remittance services for migrant workers was sentenced to jail recently.

    A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap

    Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

    UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

    Chan Chun Sing (left), Singapore’s coordinating minister for public services and minister for defence, speaking in a dialogue moderated by Quah Ley Hoon (right), group chief corporate officer for CapitaLand Investment and council member, SIIA.

    Singapore, Asean have to be proactive to stay relevant in volatile world: Chan Chun Sing

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More