Sudarshan Varadhan

1 week ago | businesslive.co.za | Sudarshan Varadhan

Oil prices fell on Friday and were set to drop for a second week on concerns prolonged trade war between the US and China, the world’s largest economies, will crush crude consumption as their dispute curtails economic growth. Brent futures fell 31c, 0.5%, to $63.02 a barrel by 1.53am GMT, while US West Texas Intermediate crude futures lost 36c, or 0.6%, to $59.71. Both benchmarks settled over $2 lower on Thursday.

1 month ago | msn.com | Sudarshan Varadhan

1 month ago | gcaptain.com | Sudarshan Varadhan

By Sudarshan VaradhanSINGAPORE, March 24 (Reuters) – U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump’s plan to impose port fees on China-linked ships, a top Japanese shipping executive said on Monday. The Trump administration is drafting an executive order in a bid to revive domestic shipbuilding and weaken China’s grip on the industry.

1 month ago | msn.com | Sudarshan Varadhan

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1 month ago | newsmax.com | Sudarshan Varadhan

U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump's plan to impose port fees on China-linked ships, a top Japanese shipping executive said on Monday. The Trump administration is drafting an executive order in a bid to revive domestic shipbuilding and weaken China's grip on the industry.