News Formal

Shipping stocks slide after US port strike ends

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 8 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Yang Ming Marine News

Nippon Yusen,Shipping Companies,Kawasaki Kisen

Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf...

SEOUL - Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected.

Japanese shippers Nippon Yusen, Kawasaki Kisen and Mitsui OSK Lines logged drops between 7% and 9% and were the largest decliners on the Topix index.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meetingTOKYO (AP) — Asian shares were trading mixed Wednesday as markets focused on prospects for the U.S. Federal Reserve’s first cut to interest rates in more...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »