Oil prices fell further on Thursday as industry data signaled another big weekly build in U.S. crude inventories, while weak economic data and a potential rise in interest rates fanned growing fears over a looming recession.
Sri Trang Agro-Industry Public Co. is investing THB9.1 billion (€254 million) to expand its natural rubber (NR) production capacity to meet demand in the Asian region.
China is a major global producer of rubber products, and China produces and exports a large amount of rubber products, such as automobile tires, every year. Since China's local supply of natural rubber is insufficient, China needs to import a large amount of natural rubber every year.
SYDNEY (Reuters) - Asian shares were mixed on Wednesday while the Japanese yen tumbled and Japanese yields stayed above policy cap, after the Bank of Japan unanimously decided to keep its yield curve controls in place.
Investing.com-- Oil prices extended gains on Wednesday as increasing optimism over a recovery in Chinese demand largely offset fears of a global economic slowdown in 2023, with the IEA’s monthly report now coming into focus.
TOKYO, Jan 18 (Reuters) - The Bank of Japan on Wednesday maintained ultra-low interest rates, including a bond yield cap it was struggling to defend, defying market expectations it would phase out its massive stimulus programme in the wake of rising inflationary pressure.
