Bank of England’s Mann sees inflation pressure keeping rates high
High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England…
China unveils new tax incentives to revive struggling property sector
China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this…
Japan’s rising wholesale inflation heightens uncertainty on BOJ’s rate hike timing
Japan’s wholesale inflation accelerated in October at the fastest annual pace in more than a year as renewed yen falls…
Russian energy minister: lifting of gasoline exports ban possible, Ifx says
Russian Energy Minister Sergei Tsivilev said on Wednesday that the ministry believed it was possible to lift restrictions on gasoline…
South Korea’s FLC buys some 68,000 T corn in private deal, traders say
South Korea’s Feed Leaders Committee (FLC) purchased around 68,000 metric tons of animal feed corn in a private deal on…
South Korea’s NOFI buys about 65,000 T feed wheat, traders say
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) purchased about 65,000 metric tons of animal feed wheat in…
Russia’s October seaborne oil product exports down 7% on month, Reuters calculations show
Russia’s seaborne oil product exports in October fell 7% from a month earlier to 8.861 million metric tons due to…
Panama Canal chief offers land bridge option to transship containers across isthmus
Developing an over-the-road network to handle containers carried on ships too large to traverse the waterway could increase the canal’s…
BC ports to reopen, but longshore union plans challenge to back-to-work order
Dockworkers in British Columbia, as well as Montreal, say Labor Minister Steve MacKinnon’s order to accept binding arbitration goes against…
Maritime appetite for cyber risk notably higher than other key industries, new report reveals
A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased…