Bloomberg China’s doors to foreign investors may be opening ever wider, but that’s not enough for many worried about finding an exit. Fourteen months after qualifying for official reserve-currency status, and after a series of steps opening up domestic markets to overseas funds, the take-up remains below estimates. For all China’s attraction as the second-largest economy with large and ...

  Bloomberg Rio Tinto Group has decided to gift the Bunder diamond deposit in India to the state government of Madhya Pradesh, where the mine is located, after the producer stopped work on it last year. The Bunder project was closed as Rio sought to cut costs and conserve cash. Under an order signed last month, the Madhya Pradesh government ...

  Bloomberg Sumitomo Metal Mining Co. said it will post a second consecutive annual loss after taking another charge on its Sierra Gorda copper mine in Chile. At the same time, it lifted its operating profit outlook due to a recovery in metals prices and a fall in the yen. The Tokyo-based company, one of Japan’s top three base metals ...