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Good morning, everyone. Rio Tinto’s iron ore boss says long-term demand for iron ore in China remains1 strong despite volatility2 in the country’s share market. The Shanghai Composite Index fell dramatically in its last day of trade on Monday, and had another volatile3 day yesterday before ending marginally lower at 1.3%. Rio’s Andrew Harding says the company isn’t worried about short term of fluctuations4 in China. Meanwhile, Chinese authorities have pledged more export for the stocks exchange to ensure market stability over there.
Twitter’s revenue and earnings5 for the second quarter have beaten expectations, but co-founder Jack6 Dorsey has said he’s not satisfied with its user growth. The Microblogging site posted revenue of 502 million dollars, up 61% year on year, leading its own top forecast, but active users reached 316 million in a period, up only slightly on the first quarter. Mr. Dorsey said the firm had to do more to realize its full potential. To the markets, and some strong corporate7 earnings as well as worst stability on Chinese markets, so the Wall Street lifted overnight. The Dow gained 190 points. The Nasdaq was up 49 points. Well, the S&P 500 was up one and a quarter percent. In London, the FTSE was up 0.8%. Checking commodity prices, West Texas Crude is trading at 48 US dollars a barrel. Tapis Crude is at 57 US dollars a barrel. And gold is trading at 1095 US dollars an ounce. The Australian dollar is buying 73 US cents, 66 euro cents and 47 pence sterling8.
点击收听单词发音
1 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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2 volatility | |
n.挥发性,挥发度,轻快,(性格)反复无常 | |
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3 volatile | |
adj.反复无常的,挥发性的,稍纵即逝的,脾气火爆的;n.挥发性物质 | |
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4 fluctuations | |
波动,涨落,起伏( fluctuation的名词复数 ) | |
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5 earnings | |
n.工资收人;利润,利益,所得 | |
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6 jack | |
n.插座,千斤顶,男人;v.抬起,提醒,扛举;n.(Jake)杰克 | |
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7 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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8 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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