SINGAPORE (Reuters) - Oil prices edged down on Monday, dragged down by expectations that China, the world’s largest crude oil importer, will post its slowest pace of economic growth in at least 27 years as the Sino-U.S. trade war bites.
BEIJING (Reuters) - China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more stimulus as a bruising trade war with the United States drags on.
Malaysia’s NR production in May 2019 rose by 30.2% to 44,164 tonnes as compared to 33,923 tonnes in April 2019, the highest since February 2019. Year-on year comparison showed the production of NR rose by 23.5%.
SEOUL (Reuters) - Oil prices rose on Friday as U.S. oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East.
SHANGHAI (Reuters) - Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Federal Reserve rate cut later this month kept losses in check.
TOKYO (Reuters) - The dollar was steady on Friday, having regained some traction against its peers after stronger-than-expected U.S. inflation data tempered the prospect of an aggressive Federal Reserve interest rate cut later this month.
