Word: indexers
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Copper is trading above $1 a pound for the first time in more than six years. Gold broke $420 an ounce. Nickel is at a 14-year high. The Reuters/CRB commodity index rose 9% in 2003, to its highest level since 1996. Do soaring prices for raw materials mean inflation for finished goods, as in the '70s and '80s? "Almost certainly not," Ben Bernanke, a Federal Reserve Board governor, said recently. Sure, China's infrastructure and consumer-spending boom have bolstered demand for commodities. China purchased some 20% of the world's copper last year, compared with...
...Assistant Professor of Medicine Simin Liu, the senior author in the WHS findings, said he believed that the studies differed because of varying definitions of what it means to be overweight. For the WHS study, a person was labeled overweight if her Body Mass Index (BMI), a measure of total body fat, was above 25—the lower limit of the overweight category as defined by the National Institutes of Health...
...added that his findings on dietary magnesium intake were independent of BMI and thus would not have changed with a different BMI index. He defended his study as possibly more accurate than the WHS study because of the larger pool of participants in the NHS group...
...when investors queued for hours to snatch up order forms for shares of Internet ventures, only to see their acquisitions turn to dross when the bubble popped. These days, the object of desire has changed, with investors equally convinced that the China boom is a sure thing. The index for "H shares," as the Hong Kong-listed stocks of mainland companies are called, spiked 152% in 2003. Now that investors are back, Chinese companies are rushing to raise cash. This year will bring a bevy of highly anticipated IPOs, including Ping An Insurance, China's second largest insurer, telecom company...
...immigration official checks my papers quickly and appears satisfied. He tells me to smile for the spherical, silver camera that floats above his head, then leads my right index finger and then my left to the electronic pad that registers my prints. Though I understand the need for this and appreciate that it is done swiftly, I prickle slightly, feeling like a booked criminal in a country with which I have had a long and pleasant association...