Water, water everywhere, but not enough to drink?
introduced by the eurozone, Switzerland, Denmark and Sweden fuel growth in gold prices.
Commodities in general, on the other hand, do not have good prospects. London Metal Exchange Index has stayed in the lows since mid-January. Overstock and a supply that exceeds demand have pushed down China’s commodity consumption. Also, a strong greenback is suppressing commodity prices, DBS said. operational sites globally. The Hsinchu-based chip designer is the world’s third-largest supplier of smartphone application processors, behind only Qualcomm Inc. and Apple Inc., according to market research firm Strategy Analytics.
A production facility is seen in the southern city of Kaohsiung, yesterday. As the drought continues to vex Taiwan, the government scaled up water rationing to industrial users in Tainan and Kaohsiung yesterday. Water cuts have been expanded from 7.5 percent to 10 percent. The flow of the Gaoping River ( ), the main source of Kaohsiung’s water supply, further reduced to 10.2 cubic meters per second yesterday.