Britain’s transport minister Chris Grayling has defended the decision to award a 14 million pound ($17.8 million) contract for shipping goods after Brexit to a new ferry company that has yet to secure any vessels.
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, their lawyers said on Wednesday.
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.
After the worst year for world stock markets in a decade, 2019 has kicked off with the same trepidation surrounding economic slowdown, trade tension and rising interest rates that infected markets for most of the second half of last year.
Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019.
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.
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