Exploration spending in the mining sector rose for a second year as the industry makes a cautious shift to growth and prepares for forecast booming demand for copper.

Companies on the mainland making everything from car parts to cameras are lining up other production facilities across Southeast Asia.

A gauge of U.S. manufacturing fell by more than forecast to a six-month low, as orders and hiring cooled amid escalating trade tensions with China, data showed last week.

Ford is having a bad year in 2018. Its stock is down 29 percent, and the tariffs imposed by President Trump have reportedly cost the company $1bn.