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Dry-bulk commodities are taken as a leading economic indicator, because they are used in core industrial sectors like steelmaking and power generation, and analysts say the recent declines in activity point to a serious economic slowdown. ”Signs that the U.S. and China remain well apart in trade talks continued to weigh on sentiment in commodity markets,” ANZ bank said in a note on Friday. This was after U.S. Commerce Secretary Wilbur Ross said on Thursday the United States and China were “miles and miles” from resolving their issues.
“The global economy and dry-bulk shipping market are showing us very real signs of distress,” said Jeffrey Landsberg, managing director of commodity consultancy Commodore Research, “While dry-bulk rates often face at least some pressure during the early stages of a year, the magnitude of the declines being seen lately have been very rare,” he said, The Baltic index has lost a quarter of its value since the start of the year, and dry-bulk is women's shirts that need cufflinks not the only shipping market under pressure..
The Harpex Shipping Index, which tracks container rates, has dropped by 30 percent since June 2018. As a measure of the demand for shipping manufactured goods from producers to consumers, container rates are also seen as a leading economic indicator. Their slump underscores weakening manufacturing data from Asia, Europe and North America. “Slowing global economic growth, the unresolved U.S.-China trade conflict, the U.S. government shutdown, and Brexit drama are all sources of uncertainty dragging at sentiment,” said Hussein Sayed, chief market strategist at futures brokerage FXTM.
In the euro zone, a survey published on Thursday showed that business growth nearly stalled out at the start of 2019 as trade tensions and political woes meant incoming new work fell for the first time in over four years, Asian industrial powerhouse Japan posted similarly weak manufacturing data in its own survey this week, In China, the National Development and Reform Commission (NDRC) this week warned women's shirts that need cufflinks the downward pressure on the economy would impact its job market as falling factory orders point to a drop in activity in coming months..
HONG KONG (Reuters) - Tencent Holdings Ltd saw its shares jump more than 3 percent on Friday as investors cheered Chinese regulators’ approval of mobile games published by the industry leader for the first time since a freeze on approvals imposed in March. The State Administration of Press, Publication, Radio, Film and Television on Thursday approved 95 games in its fourth list since December, with two mobile games from Tencent and a first from NetEase Inc. Tencent, Asia’s biggest listed firm by market value, has been reeling from increased scrutiny of online gaming amid calls to tackle child addiction in the world’s largest gaming market.
Shares of the firm have lost roughly 20 percent of their market value since March, They were up as much as 3.2 percent early on Friday, women's shirts that need cufflinks beating a 1.3 percent rise in the benchmark Hang Seng Index and a 2.7 percent gain in Hang Seng sub-index tracking information technology firms, China started resuming gaming approvals in December, though Tencent’s games had been absent from the three batches approved until Thursday, unnerving investors, The impact of online games on the country’s youth has attracted scrutiny from Chinese President Xi Jinping, who last year urged all levels of government to implement effective schemes to prevent and treat the high incidence of myopia that authorities suspect is linked to game addiction..
China’s largest gaming and social media firm has imposed a playtime restriction since July, allowing a maximum of one hour a day for children 12 years old and under, and a maximum of two hours for those aged 13 to 18. Founded in 1998, Shenzhen-based Tencent enjoyed uninterrupted growth from when it went public in 2004 until last year when it saw more than $200 billion wiped off its market value from a peak hit in January. Last week, Tencent released a test version of a third-party developed smartphone game in China based on U.S. hit television show Games of Thrones, bolstering its pipeline.
(Reuters) - Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No, 2 U.S, automaker would not accept last year’s “mediocre” results and said the company was aiming to nearly double its women's shirts that need cufflinks annual operating profit, Hackett made his comments in an email to employees that was seen by Reuters, Ford is restructuring its global operations, including recent plans to make cuts in Europe, It also has announced an alliance in commercial vehicles with Germany’s Volkswagen, with plans to jointly develop electric and self-driving vehicles, in moves meant to save billions of dollars..