China automakers stretch to expand abroad, hobbled by lack of marketing, technology, expertiseSHANGHAI — From the glossy black Geely Excellence “business limousine” to Great Wall’s tiny Gwperi subcompact, China’s own automakers are proving they have the prowess to put together practically any type of vehicle imaginable. Vietnam’s inflation rate eases to 9.2 percent in April as transport, telecoms costs fallHANOI, Vietnam — Vietnam’s inflation rate eased to 9.2 percent in April as telecommunications and transportation costs fell, the government said Wednesday. Oil hovers under $49 as investors look to US inventory report for signals on demandVIENNA — Oil prices inched upward Wednesday but prices stayed below $49 a barrel on expectations that the latest snapshot of U.S. crude inventories will offer new evidence of weak demand. Oil languishes below $46 in Asia after US bank concerns send crude, stocks plungingSINGAPORE — Oil prices languished below $46 a barrel Tuesday in Asia after renewed doubts about the health of U.S. banks sent crude and stock markets tumbling. Oil hovers below $46 in Asia after US bank concerns send crude, stocks plungingSINGAPORE — Oil prices languished below $46 a barrel Tuesday in Asia after renewed doubts about the health of U.S. banks sent crude and stock markets tumbling. |