Yellen to push G7 on bond for Ukraine backed by frozen Russian asset profits
U.S. Treasury Secretary Janet Yellen will push fellow G7 finance officials next week to agree to a plan to bring…
China’s factories fire up but consumer slump persists
China’s factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property…
China stimulus starts with a bond, not a bang
Beijing’s economic stimulus has finally arrived. China’s Ministry of Finance on Friday will sell 1 trillion yuan, or $138 billion,of…
South Korean feed importer passes on corn tender
FAILED CORN TENDER: The Korea Feed Association (KFA) is believed to have rejected all offers and made no purchase in…
US natgas flows to Freeport LNG in Texas seen at five-month high, LSEG data shows
Natural gas flowing to Freeport LNG’s export plant in Texas was on track to hit a five-month high on Friday,…
India: Lower crude oil prices likely to tilt imports towards Iraq and UAE
Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia…
Saudi Arabia, UAE supplied 85% of Japan’s crude oil in March
Saudi Arabia and the UAE provided 85 percent of Japan’s total crude oil needs in March, according to the Agency…
China’s April aluminium imports jump 72.1% year-on-year
China’s April imports of unwrought aluminium and products jumped 72.1% on-year to 380,000 metric tons, customs data showed on Saturday.…
China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand
China’s gasoline exports in April fell to the lowest level since July 2015, customs data and Reuters records showed on…
Blackouts – causes, prevention, effective recovery
Under certain circumstances – in congested waters, during manoeuvring or in harsh weather – a blackout can lead to loss…