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BEIJING- China assured to stabilize the industrial growth and aid its progress for 2020 despite pressing concerns encountered by the sector, Minister of Industry and Information Technology Miao Wei said on Monday. China’s industrial ...
Chief Executive officer Brian Moynihan of Bank of America Corp said that the bank could raise its consumer market twice larger in the US despite fear of major banking institutions. "Our market share in consumer is probably 12, 13, 14 percent, ...
IEA warns oil and gas companies about lax emission policies The International Energy Agency (IEA) on Monday cautioned oil and gas companies that failing to increase investments in low carbon energies may result in them facing backlash that ...
Over 1,000 EU firms to open UK branches after Brexit Over 1,000 banks, asset managers, payments companies, insurers in the European Union are planning to open their offices in a post-Brext UK in order to mitigate the loss of businesses going ...
BEIJING-China’s 2019 pork production sunk to 16 years of inactivity, data showed on Friday as the African swine influenza dispatched millions of pigs in world’s leading producer of pork. China tallied 42.44 million tonnes of pork ...
US dollar gained against Japanese yen on an eight-month peak due to a stable growth rate in US economy in 2019. Retail sales rose for the third straight month in December while filing claims for unemployment benefits fell for the fifth straight ...
Oil prices fall as stockpiles drop past analyst expectations Oil prices fell on Friday morning as stockpiles took a sharper decline than analysts expected. This was confirmed by a report by the U.S. Energy Information Administration (EIA). ...
Gold prices rise amid brewing skepticism over U.S.-China’s Phase 1 trade deal Gold prices rose on Friday amid skepticism about the trade deal between the U.S. and China. Beijing and Washington had signed a Phase 1 deal on Wednesday, ...
TOKYO- Oil prices were steady on Friday as market participants awaited for figures disclosing China’s economy is on its slowest in 29 years, with gains being the current safe haven following Washington and Beijing’s settlement ...
China released its fourth quarter GDP for 2019, showing an economic growth of 6% compared to last year. Official data showed that the Chinese economy maintained last quarter’s pace as expected by analysts. GDP was estimated to grow by ...
The World Bank cut Thailand’s economic growth outlook to 2.7%, from the initial 2.9% estimate for 2020. This year’s estimated growth is higher than last year’s, when World Bank estimated economic growth to be at 2.5%. The ...
Dollar softens as Beijing and Washington sign Phase 1 trade deal The U.S. Dollar stood its ground to the riskier Asian currencies on Thursday as a signed Phase 1 trade deal between Beijing and Washington showed optimism for investors. The ...
TOKYO- Stocks across the world edged up, reaching record highs on Thursday. Such activity followed after China and the United States signed the “Phase 1” of the trade agreement intended to mitigate their months-long trade dispute ...
Toyota to invest $394 million in air-taxi startup Japan-based Toyota Motor Corp is investing $394 million in Joby Aviation, a U.S.-based air-taxi startup. The startup has reportedly spent the last ten years designing an electric air-taxi prototype. Toyota ...
TOKYO- Oil prices advanced on Thursday, brought heavily by the very much anticipated trade pact signing between the United States and China. This guaranteed bigger increase as China is mandated to purchase increased energy supplies from the ...
BEIJING- Chinese financial institutions are very much stable, enough to compete against foreign competition as the $40 trillion worth of financial sector was discharged, the central bank said on Thursday. Such followed after China and the ...
The United States will fund Guatemala’s private sector with $1 billion to stimulate investment and create jobs, said US government agency head. It was announced after Alejandro Giammattei, the new president of Central American country, ...
European car sales recovered for the fourth straight month, raised by higher demands of premium and volume cars, ACEA said. New car registrations climbed 21.4%, or 1,261,742 vehicles in the EU and EFTA countries in December, statistics showed. The ...
SINGAPORE-Oil prices retreated on Wednesday brought heavily by emerging concern that the ‘phase one’ of the Sino-US trade deal may not promote demands. Such was from the decision of the US to retain rounds of tariffs on Chinese ...
UNITED STATES TO KEEP TARIFFS ON CHINESE PRODUCTS UNTIL PHASE 2 PACT: MNUCHIN WASHINGTON-The United States will continue the ongoing rounds of tariffs on Chinese products until such time that both sides come up with a second phase of the US-China ...
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