BEIJING/SHANGHAI (Reuters) - China’s auto market is likely to shrink for the third year in a row in 2020, the country’s top auto body is expected to say on Monday, but industry watchers are cautiously hoping a sales recovery in lower-tier cities ease the pace of decline.
SINGAPORE (Reuters) - The dollar began the week supported by optimism on the Sino-U.S. trade front, while the pound wobbled lower after weekend hints at an interest rate cut from a Bank of England policymaker.
BEIJING (Reuters) - China is expected to post stronger export and import growth in December, helped by a rebound from a low base, a Reuters poll showed, signaling a modest recovery in demand as Beijing and Washington step closer to ending their trade war.
SYDNEY/SHANGHAI (Reuters) - Asian shares rose to new 19-month highs on Monday ahead of the expected signing on a Phase 1 China-U.S. trade deal, although markets have yet to see the details of the agreement.
TOKYO (Reuters) - The world’s shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global growth, especially in the technology sector.
SINGAPORE (Reuters) - The dollar looked set to post its best week in two months on Friday, buoyed by easing Middle East tensions and upbeat U.S. economic data.
