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Beijing raises gasoline price to fund cleaner fuel

Beijing city raised retail gasoline and diesel prices overnight by 2-4 percent effective from zero hour today, reported Reuters citing an announcement of the Beijing Municipal government this morning.

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Shanghai car plate bid price hits 7-month low

Figures released by the Shanghai International Commodity Auction (SICA) indicate that the car registration plate prices have fallen sharply in September in Shanghai to a seven-month low, reflecting lower auto sales in the city, said xinhuanet.com today.

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Melt-down Time For Uranium Stocks?

By James West

The market has been unkind to junior resource stocks for the last several months, but it has reserved special treatment for uranium juniors, whose management are sounding increasingly depressed and suicidal. The reason is plain to see – the price of uranium is heading south in a hurry, and that has many investors asking, “What exactly is the condition of uranium fundamentals now?”

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