China’s factory activity grows as easing trade spat revives demand

Beijing: Manufacturing activity in China expanded for a second straight month in December as seasonal demand and signs of progress in trade talks with Washington boosted factories’ output and order books. China’s official Purchasing Managers’ Index (PMI) was unchanged at 50.2 in December from November, the National Bureau of Statistics said on Tuesday, slightly higher […]

Ghosn denies fleeing justice in Japan

PARIS/TOKYO: Ousted Nissan boss Carlos Ghosn confirmed he fled to Lebanon, saying he wouldn’t be “held hostage” by a “rigged” justice system and raising questions about how one of the world’s most-recognised executives escaped Japan months before his trial. Ghosn’s abrupt departure marks the latest dramatic twist in a year-old saga that has shaken the […]