Output
UK car output falls nearly 12% in May on EV transition, says industry body
BRITAIN’S car output fell by 11.9 per cent year-on-year in May, falling for a third straight month, as manufacturers wound down existing models and more plants transitioned to electric...
Singapore stocks inch up on Wednesday as May factory output beats forecasts
SINGAPORE stocks ended slightly higher on Wednesday (Jun 26), as the city-state’s factory output data beat forecasts in May.
The benchmark Straits Times Index (STI) rose 0.2 per cent or...
From Black Sea to US Midwest, extreme weather threatens crop output
FORECAST dryness in the Black Sea region’s breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the United States after near-record temperatures threaten to take...
Opec+ ministers reject bearish reaction to output increase
Opec+ ministers rejected oil’s bearish reaction to its decision to gradually boost crude production from October, and predicted the market will eventually see that the group’s policy is correct. The...
Tesla’s China-made EV sales extend decline in May amid output cut
SALES of Tesla’s China-made electric vehicles dropped 6.6 per cent from a year earlier to 72,573 units in May, extending a year-on-year decline for a second month, data from...
Opec+ agrees to extend oil output cuts in bid to support prices
THE Organization of Petroleum Exporting Countries and its allies (Opec+) agreed to extend its oil supply cuts, delegates said, as the group continues its efforts to avert a global...
Mixed inflation data, soft output raise uncertainty on BOJ’s rate-hike timing
CORE consumer inflation in Japan’s capital accelerated in May on rising electricity bills but price growth excluding the effect of fuel eased, data showed on Friday (May 31), heightening...
UK’s car output down for second straight month in April, says industry body
BRITAIN’S car production fell by 7 per cent year-on-year in April, falling for a second consecutive month, as manufacturers wound down existing models and more plants transitioned to electric...
