Tight Asia capacity limits room for new LNG ships - Korea Shipbuilding exec

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.

newspaper

02-06-2022

South Korea May factory growth slows as output, export orders shrink - PMI

South Korea's factory activity growth slowed in May, as output and export orders contracted amid supply-chain disruptions due to China's COVID-19 lockdown measures, a private-sector survey showed on Thursday.

newspaper

02-06-2022

Factbox-Six EU countries not ready to adopt euro currency -Commission

Six of the seven EU countries outside the euro zone are still not ready to join, the European Commission said in a report on Wednesday, with only Croatia meeting all the criteria to start using the EU currency from 2023.

newspaper

01-06-2022

No more bambinos? Italy's firms move to tackle birth crisis

Businesses in the sleepy Italian town of Cartigliano are so worried about its declining birth rate and lack of workers that they have begun paying families' nursery school fees and childcare costs to spur them to have more babies.

newspaper

01-06-2022

U.S. Cinemark's movie plan draws a million subscribers

Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie Club monthly subscription plan, the company said on Wednesday, hailing a rebound in moviegoing after disruptions from the coronavirus pandemic.

newspaper

01-06-2022

Japan's May factory activity growth slows as China lockdowns weigh -PMI

Japan's manufacturing activity grew at the weakest pace in three months in May, as China's heavy-handed coronavirus curbs aggravated supply disruptions and raised risks for the economic outlook.

newspaper

01-06-2022

Japan Q1 corporate capital spending rises 3%, led by manufacturers

Japanese firms raised capital spending for the fourth straight quarter in January-March, underscoring the resilience of business investment led by manufacturers despite uncertainty over the COVID pandemic and the war in Ukraine.

newspaper

01-06-2022

Biden vows to give Fed Chair Powell 'space' to fight inflation

U.S. President Joe Biden on Tuesday met with Federal Reserve Chair Jerome Powell to discuss historic inflation that's draining American wallets, even as he assured the central bank chief he would have freedom from political interference.

newspaper

31-05-2022

Biden, Fed Chair Powell meet to discuss 40-year-high inflation

U.S. President Joe Biden and Federal Reserve Chair Jerome Powell met on Tuesday to discuss historic inflation that is draining Americans' pocketbooks.

newspaper

31-05-2022