Tag Archives: slump

Asia, shares, slump, four-month low, risk, interminable, trade, war

Asia shares slump to four-month low on risk of interminable trade war

05 May, 2019 2:23 pm 2:23 pm

SYDNEY (Reuters) – Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-US trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. In early European trading, futures for the pan-region Euro Stoxx 50 and German DAX were each down … Read More

Ford appoints new China chief to tackle sales slump

10 October, 2018 9:30 am 9:30 am

BEIJING/SHANGHAI (Reuters) – Ford Motor Co (F.N) has appointed a new head of China operations to help turn around flagging sales in the world’s largest auto market, filling a post that had been vacant since January after the firm’s previous China chief suddenly quit. Anning Chen, a former chairman of Chery Jaguar Land Rover in … Read More

Oil edges back from big slump as Iran sanctions return to focus

10 October, 2018 9:15 am 9:15 am

SINGAPORE (Reuters) – Oil prices on Wednesday clawed back a fraction of their hefty losses the day before that came after Saudi Arabia said it would make up for supply disruptions from U.S. sanctions starting next month on Iran’s petroleum exports. Front-month Brent crude oil futures LCOc1 were at $76.72 a barrel at 0320 GMT, … Read More