China's two leading manufacturing purchasing managers' indices, or PMIs, were both in growth territory in May.

Gao Xiangming, chairman of TISCO, said the company's R&D expenses account for about 5 percent of its annual sales revenue.

GM to ramp up US, Canadian auto assembly plants June 1: company.

Both environmental protection and project profits were concerns for the company which is located in Shanxi, a coal-rich province of China.

The composite index for coastal bulk freight edged down 1.6 percent week on week to 1,055.6, the SSE said.

The European Union has transitioned its hot-rolled coil quota to a country-by-country and quarterly basis.

A widening gap between export and domestic prices fuelled the increases.

US gross domestic product (GDP) will not reach its pre-pandemic levels until well into 2022 following a sharp contraction this year, economists with major US banks said.