TORM Snaps Up Eight More MR Tankers Growing Position in the Market
With the strong rebound in the tanker markets further enhanced by the disruptions in the Red Sea, Danish operator TORM…
China new home prices fall at fastest pace in 9 years, more support needed
China’s new home prices in June fell at the fastest clip in nine years while property sales and investment slumped,…
BlackRock assets hit record $10.6 trillion high on ETF flows, bull market
Assets managed by BlackRock BLK.N, the world’s largest money manager, hit a record high of $10.65 trillion in the second…
India’s June wholesale prices rise most in 16 months
India’s wholesale prices rose at their fastest annual pace in 16 months in June on the back of costlier food,…
Manufacturers up investments in services trade
When Loctek Ergonomic Technology Corp, a Ningbo, Zhejiang province-based office products manufacturer, launched its first self-owned container vessel with a…
China asks WTO to set up panel for US electric vehicle subsidies dispute
China has requested the World Trade Organization set up an expert panel to help settle a dispute over electric vehicles…
Thai economy faces upheaval due to factory closures and cheap Chinese imports
When Chinese electric vehicle maker BYD (SZ:) opened its first Southeast Asian factory in Thailand earlier this month, the nation…
India’s June exports rise 5.4% y/y; government expects $800 bln in FY25
India’s goods and services exports likely rose5.4% year-on-year to $65.47 billion in June, driven by a pick-up in orders that…
Fed’s Powell ‘may prefer not to change rates before an election’, strategists say
The softer-than-expected inflation report for June has fueled market expectations of a rate cut by the end of the year,…
Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says
Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for…