Wan Hai Delivers Fire-Damaged Ship for Recycling
Wan Hai reports that the salvage operation for its vessel Wan Hai 503 has been completed seven months after a…
Video: Shadow Tanker Attacked by Ukraine Refloated After 12 Days Aground
Turkish officials reported they have finally been able after 12 days to refloat a grounded shadow fleet tanker. The ship…
Fed’s Daly: policy in good place, calibration should be deliberate
San Francisco Federal Reserve President Mary Daly said on Thursday that incoming U.S. economic data looks promising despite uncertainties and…
Some in BOJ see scope to raise rates sooner than markets expect, sources say
Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility,…
Japan’s long-awaited return to normalcy brings uncertainty, volatility: McGeever
Japan’s economy is returning to something resembling normality for the first time in decades. That’s likely to mean more volatility…
Goldman Sachs’ profit rises on dealmaking, trading strength
Goldman Sachs’ GS profit rose in the fourth quarter, fueled by dealmaking, stronger trading revenues in a turbulent market and…
US home builder sentiment eases in January amid affordability constraints
U.S. homebuilder sentiment deteriorated in January as affordability worries sidelined potential buyers and rising costs hampered construction activity, a survey…
Bank of England’s Bailey calls on policymakers to challenge the populists
Bank of England Governor Andrew Bailey said financial policymakers had to push back against attempts by populist politicians to discredit…
Trump housing plan to allow 401(k) money for down payments, adviser says
The Trump administration plans to allow investors to use some of their retirement funds to make a down payment on…
AI bull case gets its biggest booster
It is telling that the head of the world’s most important chipmaker had to talk to his “customers’ customers” to…