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China November iron ore imports down for second month as top miners ship less

China's iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills.



5 years ago

China's November coal imports slump 19% month-on-month on port curbs

China's coal imports plunged 19% in November from the previous month as tighter import rules at ports curbed shipments towards the year's end.



5 years ago

China copper imports hit 13-month high in November on improved factory activity

China's copper imports rose 12.1% in November from the previous month to their highest in more than a year, as an unexpected improvement in the manufacturing sector drove up demand.



5 years ago

China November crude oil imports hit record high as refiners race to use up quotas

China's crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.



5 years ago

Japan's market watchdog to recommend fine against Nissan over false reporting: NHK

Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.



5 years ago

VW's German plants need to shape up, says production chief

Volkswagen's German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros ($2.2 billion) in savings by 2023.



5 years ago

Japan's markets watchdog likely to recommend $22 million fine against Nissan: NHK

Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.



5 years ago

Jeff Bezos says Amazon wants to work more with the Pentagon

Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself.



5 years ago

Britain's Tesco reviews Thai, Malaysian business for possible sale

Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.



5 years ago

It's not too late to shave your tax bill before Dec. 31

Even with the new tax law, there are still steps you can take before 2019 ends to make sure you're taking advantage of all of the breaks you can.

5 years ago

How the experts would fix Social Security if they had their way

The clock is ticking when it comes to whether action will be taken before Social Security has to reduce benefits to benficiaries. Here's how experts would restore or overhaul the system if they had their way.

5 years ago

Britain's Tesco considers Asia exit

Britain's biggest retailer, Tesco , has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations.



5 years ago

U.S. banks' reluctance to lend cash may have caused repo shock: BIS

The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.



5 years ago

As Fed reiterates rate pause, forecasts likely to be blown off course

Friday's booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond.



5 years ago

Global financial watchdogs take aim at Big Tech's data dominance

Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.



5 years ago