China's rare earth exports bounced back in December from a four-and-a-half-year low the previous month as buyers ramped up purchases ahead of the Lunar New Year holiday, though annual shipments still sank to their lowest in four years, hit by weaker global manufacturing demand.
Nissan Motor said on Tuesday it was "in no way" considering dissolving its alliance with France's Renault SA and Mitsubishi Motors Corp and that the alliance was the source of Nissan's competitiveness.
Asian shares rose, China's yuan jumped and safe-harbor assets slipped on Tuesday, amid signs of goodwill between China and the United States, as the world's two biggest economies prepared to sign a truce in their bitter trade war.
China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus over $50 billion more in energy supplies, according to a source briefed on a trade deal to be signed on Wednesday.
It's time to take profits while waiting for another opportunity to reenter the markets, said Simon Fentham-Fletcher, chief investment officer at Freedom Asset Management.
China's trade surplus with the United States for December stood at $23.18 billion, Reuters calculation based on Chinese customs data showed on Tuesday, narrowing slightly from the $24.6 billion surplus posted for November.
Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar rivals out of business, India's antitrust chief said as his commission launched a probe into Amazon.com and Walmart's Flipkart.
British Prime Minister Boris Johnson said those opposed to the use of equipment made by China's Huawei in the UK's new 5G networks need to say what alternative technology should be used instead.
French Finance Minister Bruno Le Maire said on Tuesday he expected carmaker Renault to name its new chief executive in a few days.
China's iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year.
BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth.
Europe's markets were struck by a bout of weakness on Tuesday, as traders cashed in on recent record highs and waited for a long-awaited U.S.-China trade deal and the first flurries of the Wall Street earnings season.
The Japanese yen plumbed eight-month lows while China's yuan climbed to its highest level since July on Tuesday as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.
Ford Motor Co said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity.
BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth.