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Ukrainian Court Confiscates Turkish Cargo Ship That Entered Crimea
A court in Ukraine has authorized the state seizure of a cargo ship that was detained on charges of repeatedly…
US bank profits to shrink on interest income, focus shifts to Fed cuts
JPMorgan Chase JPM.N and Wells Fargo WFC.N kick off earnings for the sector on Friday, and investors are expected to…
ECB’s Stournaras backs two quarter-point rate cuts in 2024, FT says
European Central Bank (ECB) policymaker Yannis Stournaras is backing two interest rate cuts this year and expects further easing in…
China September bank lending set to rise on policy support
China’s new yuan loans likely jumped in September from August, a Reuters poll showed on Wednesday, as the central bank…
US wholesale inventories revised lower in August
U.S. wholesale inventories rose less than initially thought in August amid a sharp moderation in the pace of increase in…
China’s finance ministry to detail fiscal policy on Saturday
China’s finance ministry will detail plans on fiscal stimulus to boost the economy at a highly-expected news conference on Saturday,…
Russia’s Novak says no plans to curb diesel exports
Russian Deputy Prime Minister Alexander Novak said on Wednesday that Russia had no plans to inflict additional measures to curb…
Ukraine grain exports at 11.4 mln T so far 2024/25, says ministry
Ukraine’s grain exports in the 2024/25 July-June season reached 11.4 million metric tons as of Oct. 9, up from about…