Chinese Carrier Makes $48M Profit by Flipping Order on Two Boxships to MSC
With demand remaining hot for all container vessels, China’s BAL Container Line has found a novel means of making a…
Questions Over High Seas Disappearance of Russian Fertilizer Sent to Kenya
Kenyan authorities are trying to explain the whereabouts of a large consignment of fertilizer donated by Russia that failed to…
Eurozone retail sales continue to creep up slowly
After a boom in 2021 on the back of store reopenings, a long correction for retail ensued. The peak in…
Trump’s gains supercharge higher-for-longer trade
A disastrous debate performance by U.S. President Joe Biden has investors increasingly pricing in the likelihood of his Republican rival…
US sees ‘breakthrough’ in Israel-Hamas talks, senior official says
Hamas made a pretty significant adjustment in its position over a potential hostage release deal with Israel, a senior U.S.…
As Europe turns right, UK voters reject Conservative populism
The centre-left Labour Party’s crushing victory in the British election stands in stark contrast to recent gains by the far…
German industrial disappointment continues
In the first months of the year, optimism had returned to the German economy. Growth in the first quarter and…
BOJ report to reveal broadening wage rise trend, sources say
The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report…
Japan household spending falls unexpectedly, clouds BOJ rate path
Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers’ purchasing power, data showed on Friday,…
UK house prices edge down in June, Halifax says
British house prices fell slightly in June but are likely to rise over the rest of this year and into…