A North Korean trading company wants foreign investors to chip in to a rubber factory on the country’s east coast, according to a posting on an official government foreign trade website.
Global Track Manufacturing (Global Track) will invest at least US$2.5 million in a production plant in Milan, Tennessee, touted to bring at least 250 jobs to the area by 2021, according to the Tennessee Department of Economic and Community Development (TNECD).
TOKYO (Reuters) - Oil prices climbed on Thursday after a rocket attack on Baghdad triggered fresh concern over the potential for conflict in the Middle East, a day after markets were roiled by an Iranian missile strike on Iraqi bases hosting U.S. forces.
BEIJING, Jan 9 (Reuters) - China’s producer prices in December fell 0.5% from a year earlier, official data showed on Thursday, marking the sixth month of contraction as manufacturers struggled with weak demand and the U.S.-Sino trade war.
SINGAPORE (Reuters) - Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safety plays.
TOKYO (Reuters) - Oil rose sharply, with U.S. crude rising nearly $3, on Wednesday after the U.S. said its forces in Iraq were attacked by Iranian ballistic missiles, raising the prospect of a regional conflagration that could cut oil supplies.
