More ‘bumps in the road’ likely as Bank of England shrinks balance sheet, official says
Money markets are likely to see more “bumps in the road” as the Bank of England reduces its balance sheet,…
AI heat radiates through $10 bln cooling deal
Artificial intelligence is generating more heat than light. Look no further than the companies preventing electricity-devouring chips and servers from…
US tariffs likely push Japan into first economic contraction in six quarters: Reuters Poll
Japan’s economy probably contracted for the first time in six quarters in the July-September period after being battered by U.S.…
Fed’s Hammack sees no need to hike rates to lower inflation at this time
Cleveland Federal Reserve President Beth Hammack said on Thursday she does not think the U.S. central bank needs to raise…
German exports rebound in September but remain below pre-‘Liberation Day’ levels
German exports increased by 1.4% month-on-month in September, from -0.6% MoM in August. At the same time, imports improved by…
UK companies’ job sentiment hits 5-year low, BoE survey shows
British companies’ expectations for employment in the year fell last month for the first time in nearly five years, while…
India’s Petronet LNG to get 500,000 T LNG from Exxon in 2026 under new deal
India’s top gas importer Petronet LNG will receive 500,000 tons of liquefied natural gas (LNG) in 2026 in its 1.2…
China starts work on easing rare earth export rules but short of Trump hopes, sources say
China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to…
China’s October crude oil imports rise 8.2% year-on-year, up 2.3 % from September
China’s crude oil imports rose 8.2% in October from a year earlier, as refineries operated at their highest utilisation rates…
Structural Market Shifts, Not Just Barrels, Powering the Dirty Rally
Structural Market Shifts, Not Just Barrels, Powering the Dirty Rally Crude freight markets are experiencing a surge, which available…