Japan’s steelmaker JFE cuts annual profit forecast on slow local demand, slumping Asia market
JAPAN’S second-biggest steelmaker, JFE Holdings, lowered its forecast for annual net profit by 37 per cent, hit by slow demand ...
Tag: Slumping
South Korea’s central bank cuts rates as slumping economy slows inflation
SOUTH Korea’s central bank cut policy interest rates for the first time in four and a half years, making a ...
Sinopec’s 1H profit up 2.6% on record output despite slumping product demand
China’s Sinopec posted a 2.6 per cent rise in net profit for the first half of the year, it said ...
New Zealand cuts rates as slumping economy slows inflation
NEW Zealand’s central bank cut interest rates, embarking on an easing cycle much sooner than previously indicated as the economy ...
Slumping freight rates telegraph warning on Asian crude demand
THE cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand ...
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