Major central banks’ rate cuts gather pace
The global rate cut cycle is picking up steam, with half of developed markets’ central banks having begun easing, and…
Taiwan buys estimated 105,650 T wheat of U.S.-origin, traders say
The Taiwan Flour Millers’ Association purchased an estimated 105,650 metric tons of milling wheat to be sourced from the United…
US 30-year mortgage slides to lowest since February, Freddie Mac says
The average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February…
Japan warns of weak yen impact on households in government white paper
A weak yen is hurting Japanese households’ sentiment and could erode their purchasing power, the government said in a report…
Greece’s Alpha Bank raises full-year guidance
Alpha Bank, Greece’s fourth-largest lender by market value, raised its full-year profit guidance on Friday after a 22.6% jump in…
BOJ governor’s hawkish streak signals more hikes to come
Once seen as a cautious policy dove, Bank of Japan Governor Kazuo Ueda is now presenting himself as a determined…
Asia’s crude oil imports drop in July as China stays weak
Asia’s crude oil imports dropped to the lowest in two years in July as demand remained weak in top importer…
Russia’s August western port oil loadings to rise 9% m/m, sources say
Russia will increase oil exports via its western ports to 1.95 million barrels per day (bpd) in August, up by…
Russia’s Jan-July LNG exports up 5%, but dropped in July, data shows
Russia’s January-July exports of liquefied natural gas (LNG) increased by 5.3% from a year earlier to 18.0 million metric tons,…
India’s July palm oil, soyoil imports surge on lower prices, dealers say
India’s palm and soybean oil imports surged to their highest levels in about a year in July, as refiners increased…