South Korean plaintiffs in a World War Two forced labor court case against Japan’s Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel’s Korean assets, a South Korean newspaper reported on Wednesday.
Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and upended U.S. stock futures.
Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.
South Korea’s Hyundai Motor Group flagged another year of tepid car sales growth on the back of a slow 2018, saying trade protectionism added uncertainty and major markets such as the United States and China remained sluggish.
China’s Didi Chuxing has launched a suite of financial products, including crowdfunding and lending, as it continues to diversify outside the ride-hailing business following a year of safety scandals.
Oil prices fell on Wednesday on the back of surging U.S. crude production and concerns about an economic slowdown in 2019, as China’s factory activity showed signs of contraction.
Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and erased early gains in U.S. stock futures
South Korean plaintiffs in a World War Two forced labor court case against Japan’s Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel’s Korean assets, a South Korean newspaper reported on Wednesday.
China’s factory activity contracted for the first time in 19 months in December as domestic and export orders continued to weaken, a private survey showed, pointing to a rocky start for the world’s second-largest economy in 2019.
Oil markets began 2019 in positive territory on Wednesday, as traders prepare for a likely volatile year of trading amid soaring U.S. crude supply and concerns about a global economic slowdown.
The heir apparent of Hyundai Motor Group said on Wednesday he will complete a restructuring in 2019 as he moves to formerly take over from his father at the helm of South Korea’s second-biggest conglomerate.
Asian shares crept cautiously higher on the first trading day of the new year as early gains in U.S. stock futures spoke of some improvement in risk appetite.
U.S. oil began 2019 in positive territory on Wednesday, although the general outlook for the year is weak amid soaring U.S. crude supply and concerns of an economic slowdown.
The fatality rate on passenger jet aircraft worldwide jumped in 2018 after airlines recorded zero accident deaths on passenger jets in the prior year, according to a Dutch consulting firm and an aviation safety group.
South Korea’s Hyundai Motor Co and Kia Motors Corp said on Wednesday they aim to sell 7.6 million vehicles in 2019, as they battle to recover market share in China and the United States.
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