VW’s German plants need to shape up, says production chief
Volkswagen’s German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros ($2.2 billion) in savings by 2023.
Japan’s markets watchdog likely to recommend $22 million fine against Nissan: NHK
Japan’s markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.
Japan’s market watchdog to recommend fine against Nissan over false reporting: NHK
Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.
China copper imports hit 13-month high in November on improved factory activity
China’s copper imports rose 12.1% in November from the previous month to their highest in more than a year, as an unexpected improvement in the manufacturing sector drove up demand.
China November crude oil imports hit record high as refiners race to use up quotas
China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.
China November exports fall, but import growth hints of recovering demand
China’s exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing’s stimulus steps are helping to stoke demand.
China November iron ore imports down for second month as top miners ship less
China’s iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills.
China’s November coal imports slump 19% month-on-month on port curbs
China’s coal imports plunged 19% in November from the previous month as tighter import rules at ports curbed shipments towards the year’s end.
China November exports unexpectedly fall, but imports rebound
China’s exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute.
China’s November trade surplus with U.S. at $24.60 billion vs $26.45 billion in October
China’s trade surplus with the United States for November stood at $24.60 billion, Reuters calculation based on Chinese customs data showed on Sunday, easing from the previous month’s surplus of $26.45 billion.
