Essay Wsj Discussion for September 2015
China Car Sales Driven Lower by Slowing Economy
China’s new-car sales fell for the third straight month in August amid sluggish demand fed by economic slowdown andslumping stock prices.
Passenger car sales slipped 3.4% to 1.42 million vehicles last month, following a 6.6% decline in July and a 3.4% fall in June. Combined sales of passenger and commercial vehicles fell 3% in August to about 1.66 million vehicles, the government-backed China Association of Automobile Manufacturers said Thursday.
Apple Suppliers Hope to Tap Into New iPhones’ ‘3-D Touch’
If Apple Inc.’s new iPhones that feature a new touch technology are a hit with consumers, a handful of component suppliers across Asia and the U.S. stand to be …show more content…
OPEC Sees Weak Oil Prices Through 2015
The Organization of the Petroleum Exporting Countries has become more pessimistic about the future of oil prices this year amid plentiful supplies and softening demand from China, the group’s members said this week.
Persian Gulf OPEC members, the leaders behind group’s new strategy of letting market forces determine prices while pumping more to maintain customers, now believe prices won’t go much higher than they are now, if at all this year. Brent crude, the international benchmark, was trading between $47 and $48 a barrel in London on Thursday afternoon.
Japan Post Targets $11.6 Billion with IPO
State-owned Japan Post Holdings received approval Thursday for an initial public offering that could raise ¥1.4 trillion ($11.6 billion), which would make it the country’s biggest IPO in nearly two decades.