India Launches Its Own Center for Maritime Arbitration
In the ongoing revamp of its shipping sector, India has established its first maritime arbitration center. Last week, the Ministry…
Harris builds lead over Trump; voters see her as debate winner, Reuters/Ipsos poll shows
Democratic U.S. Vice President Kamala Harris leads Republican Donald Trump 47% to 42% in the race to win the Nov.…
Global rate cutting cycle picking up pace
Interest rate cuts from major central banks are well underway, with the European Central Bank on Thursday delivering its second…
Greece gives homeowners incentives to ditch short-term rentals
Greece said on Friday it would give a three-year tax break to homeowners who convert their short-term rentals to long…
Moody’s revises Greece’s outlook to ‘positive’, maintains ratings at ‘Ba1’
Credit ratings agency Moody’s revised its outlook on Greece to “positive” from “stable” on Friday, citing a healthier banking sector…
China’s carrot-and-stick with EU trading partners start to pay off
Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the…
Does central bank independence really exist?
Debate over the Federal Reserve’s independence is bubbling up again and could become a red-hot issue for market watchers if…
EU considers new options to secure sanctions on frozen Russian assets
The European Commission has presented EU ambassadors with three new possible ways to renew sanctions on Russia’s central bank assets…
China new home prices fall at fastest pace in over 9 years in August
China’s new home prices fell at the fastest pace in more than nine years in August, official data showed on…
Central banks to step up the pace of rate cuts later this year
Federal Reserve At the recent Jackson Hole conference, Fed chair Jerome Powell made it clear that the Federal Reserve would…