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Asian factories lashed by trade wars, slowing demand in August

Tuesday, September 3, 2019, 8:50 AM

The bitter trade war between China and the United States kept global factory activity largely in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks. In a fresh escalation of the trade spat, the United States began imposing 15% tariffs on a variety of Chinese goods on Sunday.
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Asian factories lashed by trade wars, slowing demand in Aug

Monday, September 2, 2019, 4:40 PM

The bitter trade war between China and the United States kept global factory activity largely in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks. Manufacturing in Britain, rocked by the deepening Brexit crisis and global downturn, contracted last month at the fastest rate in seven years.
 
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India to overtake China as largest importer of coking coal: Fitch Solutions

Friday, August 30, 2019, 7:23 PM

India will overtake China as the largest importer of coking coal by 2025, Fitch Solutions Macro Research said on Friday. "We forecast India's coking coal consumption to grow at an annual average rate of 5.4 per cent between 2019 and 2028, driven by an equally robust expansion in steel production in the country," it said in a report.

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