Economics
Copper Climbs for Second Day as China Pledges to Boost Growth
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Copper advanced for a second day as Chinese Premier Wen Jiabao said the government will focus more on bolstering economic growth, boosting demand.
The three-month delivery contract rose as much as 2 percent to $7,799 a metric ton on the London Metal Exchange and was at $7,776.25 by 5:32 p.m. Tokyo time. The price fell 4.5 percent last week, declining for a third week. July-delivery metal gained 1.2 percent to $3.51 a pound on the Comex.