China says biggest trade worries this year are external uncertainty, protectionism
China’s customs said on Monday that the biggest worry in trade this year is external uncertainty and protectionism, forecasting the country’s trade growth may slow in 2019.
China’s exports shrink most in two years, raising risks to global economy
China’s exports unexpectedly fell the most in two years in December, while imports also contracted, pointing to further weakness in the world’s second-largest economy in 2019 and deteriorating global demand.
China’s 2018 trade surplus with U.S. highest on record going back to 2006
China’s trade surplus with the United States rose to $323.32 billion last year, the highest on record going back to 2006, Reuters calculations based on customs data showed on Monday.
China trade shock rattles European stocks, commodities
World stock markets stumbled and commodities took a hit on Monday after a shock contraction in Chinese trade pointed to deepening cracks in the world’s second-biggest economy and sparked fresh fears of a sharper slowdown in global growth.
China says countries should end ‘fabrications’ about Huawei
China on Monday urged countries to end “fabrications” about Huawei, after an official in Poland said his country could limit the use of the company’s products by public entities following the arrest of a Huawei employee there on spying allegations.
CapitaLand targets new growth markets with $4.4 billion Temasek real estate deal
Singapore’s CapitaLand is paying S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal that the developer said would create Asia’s largest real estate investment manager.
China car sales hit reverse for first time since 1990s
Car makers in China will face more fierce competition this year, after a tough 2018 when the world’s biggest auto market contracted for the first time in more than two decades, the country’s top auto industry association said on Monday.
Former Nissan boss Ghosn suffers ‘harsh’ treatment in jail: wife
The wife of ousted Nissan Motor Co Ltd chairman Carlos Ghosn has urged New York-based Human Rights Watch to draw attention to his “harsh treatment” during detention in a Japanese jail, a letter seen by Reuters showed on Sunday.
Fintech firms want to shake up banking, and that worries the Fed
The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.
Japan’s Okada asks Manila bourse to block listing of Universal’s unit
Pachinko tycoon Kazuo Okada has asked the Philippine Stock Exchange (PSE) to block the proposed listing of Universal Entertainment Corp’s domestic unit, saying the Japanese gaming company has no authority to proceed with the plan.
