STEALTHGAS INC. Reports First Quarter Net Income of $14.1 Million
STEALTHGAS INC., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its…
India to reinstate tax refund benefits for exporters from June to boost competitiveness
India will restore benefits under a key scheme that reimburses exporters for embedded duties, taxes, and levies not covered by…
ASEAN leaders agree tariff deals with US should not harm members
Southeast Asian leaders reached an understanding on Tuesday that any bilateral agreements they might strike with the United States on…
Decent eurozone sentiment masks a sputtering growth engine
While the eurozone PMI deteriorated in May, the European Commission’s economic sentiment indicator actually picked up a bit compared to…
US consumer confidence improves in May, tariffs anxiety lingers
U.S. consumer confidence improved in May after deteriorating for five straight months amid a truce in the trade war between…
Plummeting US core capital goods orders point to weak business spending
New orders for key U.S.-manufactured capital goods plunged in April amid mounting uncertainty over the economy because of tariffs, suggesting…
German economy expected to contract by 0.3% this year, DIHK says
The German economy is expected to contract by 0.3% this year, shrinking for a third consecutive year, the German Chamber…
French inflation continues to fall as consumption struggles
Inflation is almost non-existent and will remain moderate In May, consumer prices in France rose by just 0.7% year-on-year, up…
AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty
Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African…
ECB’s Villeroy: normalisation of interest rates in euro zone probably not complete
The normalisation of interest rates in the euro zone is probably not complete, European Central Bank (ECB) policymaker Francois Villeroy…