World stocks nurse a New Year’s hangover as growth worries persist
World shares started 2019 on a downbeat note, oil prices and bond yields slid, and the Japanese yen strengthened on Wednesday as data from China to France confirmed the picture of a global economic slowdown.
UK minister defends giving Brexit ferry contract to company with no ships
Britain’s transport minister has defended awarding a 14 million-pound ($18 million) contract for shipping goods after Brexit to a new ferry company that owns no ships.
South Koreans seek Nippon Steel asset seizure in ‘forced labor’ case
South Korean plaintiffs in a World War Two forced labor court case against Japan’s Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel’s Korean assets, their lawyers said on Wednesday.
Oil kicks off 2019 with losses on signs of economic slowdown, surging supply
Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.
Markets start the way they ended
After the worst year for world stock markets in a decade, 2019 has kicked off with the same trepidation surrounding economic slowdown, trade tension and rising interest rates that infected markets for most of the second half of last year.
China slowdown, trade disputes weigh on Asia factory activity
Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019.
South Koreans seek Nippon Steel asset seizure in ‘forced labor’ case: paper
South Korean plaintiffs in a World War Two forced labor court case against Japan’s Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel’s Korean assets, a South Korean newspaper reported on Wednesday.
Global stocks nurse New Year hangover as China data disappoint
Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and upended U.S. stock futures.
Hyundai flags tough 2019 as U.S., China demand stays slow
South Korea’s Hyundai Motor Group flagged another year of tepid car sales growth on the back of a slow 2018, saying trade protectionism adds uncertainty and major markets such as the United States and China remained sluggish.
Oil opens 2019 with losses on surging supply, signs of economic slowdown
Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.
