China’s 2019 iron ore imports edge up to second-highest on record
China’s iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year.
China rare earth exports rebound in December, but annual shipments lowest since 2015
China’s rare earth exports bounced back in December from a four-and-a-half-year low the previous month as buyers ramped up purchases ahead of the Lunar New Year holiday, though annual shipments still sank to their lowest in four years, hit by weaker gl…
China’s 2019 annual crude imports set record for 17th year
China’s crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world’s biggest importer, data showed on Tuesday.
China’s December soybean imports surge on year as cargoes clear customs
China’s soybean imports in December surged 67% from a year earlier to a 19-month-high, customs data showed on Tuesday, as a flurry of U.S. and Brazilian cargoes booked earlier cleared customs.
Nissan says not considering dissolving alliance with Renault
Nissan Motor said on Tuesday it was “in no way” considering dissolving its alliance with France’s Renault SA and Mitsubishi Motors Corp and that the alliance was the source of Nissan’s competitiveness.
Yen slips, yuan ascends as U.S. drops China FX manipulator label
The yen plumbed eight-month lows while China’s yuan climbed to its highest level since July on Tuesday, as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.
Canadian court denies media request to broadcast Huawei CFO hearing
A Canadian court on Monday denied a media consortium’s request to broadcast a portion of hearing seeking to extradite Huawei Technologies Chief Financial Officer Meng Wanzhou to the United States.
Yuan soars, stocks scale heights as markets cheer imminent Sino-U.S. deal signing
Asian shares hit a 7-month high, China’s yuan jumped and safe-harbor assets slipped on Tuesday, amid signs of goodwill between China and the United States, as the world’s two biggest economies prepared to sign a truce in their trade war.
Apple rejects claims it did not provide assistance in Pensacola shooting probe
Apple Inc on Monday said it rejects “the characterization that Apple has not provided substantive assistance” in the investigation into a shooting in Pensacola, Florida, last month.
Asian stocks rally to record high ahead of trade deal; yen slips
Asian share markets rose on Tuesday and safe-haven assets slid as signs of goodwill between China and the United States supported optimism for global growth, with the world’s two biggest economies preparing to formalize a trade-war truce.
