January 2, 2019

UK minister defends giving Brexit ferry contract to company with no ships

Britain’s transport minister Chris Grayling has defended the decision to award a 14 million pound ($17.8 million) contract for shipping goods after Brexit to a new […]
January 2, 2019

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 […]
January 2, 2019

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 […]
January 2, 2019

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 […]
January 2, 2019

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. […]
January 2, 2019

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 added uncertainty and […]
January 2, 2019

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 […]
January 2, 2019

China’s Didi launches credit, crowdfunding services in diversification push

China’s Didi Chuxing has launched a suite of financial products, including crowdfunding and lending, as it continues to diversify outside the ride-hailing business following a year […]
January 2, 2019

Asian shares blindsided by dismal China data

Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and erased early […]
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