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test index today

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Five Things to Know About Commodity ETFs
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Commodity exchange traded funds have been a boon to individual investors because they give exposure to certain areas of the market that were once hard to reach. These ETFs are also one of the best ways an investor can diversify their portfolio. Up until a few years ago, the average individual investor could not invest Full Article

Retail food prices rising since January

NEW DELHI: Retail prices of essential food commodities like wheat, rice, sugar, pulses and edible oil have witnessed an upward trend since January this year, Parliament was informed today. “The monthly average retail prices from January, 2012 onwards show an upward trend in the case of rice, wheat, pulses, edible oils, sugar and vegetables,” Food Full Article

GOLDMINE production rises 16%
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UN conference

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Moody’s Upgrades Indonesia’s Sovereign Rating to Baa3
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Moody’s Investors Service has today upgraded the Government of Indonesia’s foreign and local currency bond ratings to Baa3 from Ba1. The ratings outlook is stable. The key drivers of this decision are 1) Moody’s anticipation that government financial metrics will remain in line with Baa peers; 2) The demonstrated resilience of Indonesia’s economic growth to Full Article

Win a shopping trip to New York
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Darma Henwa, Prove Energy & Corfield takeovers

Coal mining contractor PT Darma Henwa Tbk (DEWA), an affiliated of coal miner PT Bumi Resources Tbk (BUMI), were in frenzy acquisitions last year. However, the actions have raised questions. The story of the takeovers began on May 22 2007 when Darma Henwa acquired Prove Energy Investments, a British Virgin Islands-based SPV, from Zurich Asset Full Article

Mitrabahtera placement & Patin Resources

Prasatya family has offered 200 million shares with upsize option of 88 million shares or in total representing 16.5% of the issued capital in coal tug boat and barges provider PT Mitrabahtera Segara Sejati Tbk (MBSS) at Rp1,560-Rp1,630 a share. In the offering structure obtained by The Insider Stories yesterday, PT Patin Resources, owned by Full Article
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