China’s June crude oil imports climb as new refineries spur demand
China’s crude oil imports on a daily basis in June rose 15.2% from a year earlier, customs data showed on Friday, as the start up of new large-scale refiners spurred demand for feedstocks.
China’s June coal imports fall as local miners boost output
China’s June coal imports fell 1.4% from May to 27.1 million tonnes, official data showed on Friday, as local miners boosted output to ensure adequate supply ahead of summer.
China June soybean imports fall on trade war, deadly pig disease
China’s soybean imports fell 11.5% in June from May, customs data showed on Friday, as the Sino-U.S. trade war and an outbreak of deadly African swine fever curb demand.
China June rare earth exports rise, snapping two months of declines
China’s rare earth exports rose by 9% in June from May, customs data showed on Friday, snapping two months of declines that had stoked worries over supply from the world’s top producer of the materials amid the Sino-U.S. trade dispute.
China’s June exports, imports fall as trade war takes heavier toll
China’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in the world’s second-largest economy and slackening global growth.
China June new loans rise to three-month, still below forecasts
New bank loans in China rose to a three-month high in June as policymakers sought to keep ample funds in the financial system to support the slowing economy amid rising U.S. trade pressure.
China copper imports in June fall 27% from a year earlier
China’s unwrought copper imports in June fell 27.2% from a year earlier, official data showed on Friday, as a slowdown in the world’s second-biggest economy continues to weigh on demand for the metal.
Exclusive: India aims to raise $47 billion from stake sales in state firms over 5 years – sources
The Indian government has plans to raise as much as 3.25 trillion rupees ($47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40%, two senior government officials told Reuters, in the nation’s biggest privati…
Volkswagen to contribute $2.6 billion to Ford’s autonomous venture: source
Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s self-driving unit, a source close to the matter said on Friday, as the two carmakers deepen a global alliance to share costs.
Thomas Cook turns to China’s Fosun to save oldest travel firm
Thomas Cook is in talks on a 750 million pound ($941 million) bailout that will give its largest investor Fosun Tourism control of the indebted British group’s package-tour business, in a blow to other shareholders.
