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South Korean exports in November fell for the 12th month in a row and far more than expected, denting hopes for the global manufacturing sector stabilising as a much-awaited China-U.S. trade deal is still in darkness. Exports declined 14.3% in November from a year earlier, trade ministry data showed on Sunday, far below a median 10.2% fall tipped in a Reuters poll and missing even the worst forecast in the survey of an 11.1% loss. It was also the second-worst drop in overseas sales in nearly four years as global semiconductor prices failed to turn around while China, the country's biggest export market, continued to cut down purchases from its smaller neighbour....
(Bloomberg) -- While Saudi Arabia’s massive initial public offering of oil producer Aramco has been dominating headlines in the kingdom for months, investors have been making a fortune in an obscure corner of the market: Cement producers.Companies that make the building material account for six of the 10 best-performing stocks in the kingdom this year, delivering returns of at least 53% while the main Saudi index was little changed.The stocks have gained on increasing demand for the product driven by several tourism and entertainment projects that are key parts of Crown Prince Mohammed bin Salman’s plan to diversify the economy away from oil. Part of the money for those developments may come from the $25.6 billion that the government aims to raise from the sale of 1.5% of Aramco this month.The shares now may fully reflect the good news: The valuations of the five biggest players now are higher than the...
Mortgage rates rose but remain well below 4% levels that will likely continue to fuel demand…...
Q3 2019 Thai Union Group PCL Earnings Presentation...
It’s a bearish start to the month as Bitcoin tests support levels early. A move back through to $7,650 levels would signal a rebound…...
After a Saturday sell-off to round off November, it’s back in the red at the start of December… It could get messy if support doesn’t kick in by late morning....
Bosideng International Holdings Limited (HKG:3998) just released its latest half-year results and things are looking......
