Iron ore retreats after four-day rally as investors book profits
Iron ore futures retreated on Thursday after a four-session rally as investors booked profits on fears of potential government intervention…
Baltic index extends loss on capesize, supramax declines
The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for a fourth…
MSC Posts Guarantee to Release Vessel as India Pursues Compensation Claims
Eight months after the loss of the MSC Elsa 3 off the coast of India, MSC Mediterranean Shipping Company has…
Trump Administration Selects Ceraolo as Next USMMA Superintendent
The U.S. Maritime Administration (MARAD) has picked a longtime member of the U.S. Merchant Marine Academy team to lead the…
Prepare to be stress-tested to the max
No gradual transition into the new year Just when you were hoping for a bit of calm around the world…
Bank of Japan sees wage hikes continuing, China tension clouds outlook
The Bank of Japan said on Thursday the country’s regional economies were recovering gradually and many firms saw the need…
North American Sovereign Outlook Remains ‘Neutral’ for 2026
Fitch Ratings expects the United States and Canada’s sovereign ratings to be resilient with growth prospects largely unchanged in 2026,…
US weekly jobless claims increase marginally
The number of Americans filing new applications for unemployment benefits rose moderately last week, suggesting that layoffs were relatively low…
US October trade deficit lowest since 2009 as imports decline
The U.S. trade deficit contracted sharply in October, hitting the lowest level since mid-2009 as imports declined, a trend that…
ECB’s Santos Pereira: monetary policy has done its job, no need to change rates
European Central Bank policymaker Alvaro Santos Pereira urged governments to do more to lift growth in the euro zone, saying…