Vietnam Protests "Illegal" Activities of Chinese "Reef Survey Vessel"
The government of Vietnam has protested the operations of a new Chinese survey vessel in the Gulf of Tonkin, alleging…
Newbuilding Prices Reach Highest Level in 16 Years Driven by Strong Orders
After years of downturn and a soft decade through most of the 2010s, the industry trade group BIMCO reports shipbuilding…
Op-Ed: Countering China’s Dominance in Rare-Earth Minerals
Markets for critical minerals are no longer shaping up to be the next components of the global economy to be…
Port of Seattle Requires All Homeported Cruise Ships to Use Shore Power
The Port of Seattle has become the first port in the United States to require that every homeported cruise ship…
China central bank promotes relending to speed up sales of housing stock
China’s central bank on Wednesday held a meeting to promote its financial support for affordable housing in a bid to…
Inflation relief boosts case for US rate cuts
CPI finally tracking for 2%, but more good news is needed for rate cuts After a string of far too…
ECB must cut rates ‘very slowly’, says vice-president de Guindos
The ECB must move “very slowly” in reducing interest rates because there is huge uncertainty over the inflation outlook, its…
Fed policymakers see just one rate cut this year, 4 cuts in 2025
U.S. central bankers believe they’ll cut interest rates just oncethis year, two fewer than they thought in March as inflation…
UK growth outlook is brighter despite unexciting April data
Another month, another welcome upside surprise to UK economic growth. Monthly GDP was flat in April, but that followed a…
Capital Group shakes up strategy to hit $4 trillion by 2031
Capital Group aims to grow its fixed income business, accelerate overseas expansion and diversify away from its core equities franchise…