TSRC Corporation
TSRC Corporation (TPE:2103) is principally engaged in the manufacture and sale of synthetic rubber. The Company's major products include styrene-butadiene rubber (SBR), for manufacturing tires, shoes, conveyor belts, sporting goods and toys; butadiene rubber (BR), applied to high-speed tires, shoes and sporting goods, and thermoplastic elastomer (TPE), applied to shoe soles, adhesives, hot melts, plastic modifications, asphalt modifications and others. The Company is also engaged in the production of thermal plastic rubber (TPR), as well as trading business. The Company primarily distributes its products in Mainland China, Japan, Southeast Asia, the United States and Europe.
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Asian markets mostly dropped on Wednesday. Resources shares across the region were hit by falling metals prices. Japan's Nikkei 225 fell 1.5 per cent, South Korea's Kospi shed 1.0 per cent and Hong Kong's Hang Seng Index lost 0.8 per cent. The markets also weighed down by U.S. consumer confidence and German business sentiment. But China's Shanghai Composite rebounded 1.3 per cent as monetary tightening worries eased.
Asian stocks mostly Friday moved higher at opening after the strong economic figures from the US boosted investor confidence. Today the focus will be on a series of economic data of China. The nation's key official figures on industrial production, CPI, and retail sales are due out later in the day.
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