BOJ’s underlying inflation measures in April all fall below 2%
The Bank of Japan’s key measurements of underlying inflation in April all fell below its 2% target for the first…
China’s overcapacity debate and how to avoid a collision course
The debate on overcapacity is heating up Discussions about China’s overcapacity issue have been ongoing for many years. Most recently,…
Euro zone consumers lower inflation expectation, ECB survey shows
Euro zone consumers lowered their inflation expectations last month, a fresh European Central Bank survey showed on Tuesday, just as…
Chinese Coastal Carrier Orders Largest Pure Electric Containerships
China is continuing to push forward with its efforts to develop electric propulsion for shipping. At the beginning of the…
UK Asks Brokers to Give Up Profitable "Dark Fleet" Tanker Sales
More than a few Western tanker brokers have had a profitable run since the imposition of restrictions on Russia’s oil…
Russian banks’ profits rise 13% m/m to $3.45 billion in April
Russian banks’ profits increased to 305 billion roubles ($3.45 billion) in April, the central bank said on Tuesday, a 13%…
Report: Singapore Port Congestion Mounts as Ships Divert from Red Sea
Major carriers have repeatedly warned of the impact the Red Sea diversions are having on their services. In a report…
UK shop price growth back to normal, retailers say
Prices in British shops rose at the slowest pace in 2-1/2 years this month, according to the British Retail Consortium…
Fed’s Kashkari wants significant progress on inflation before rate cuts
Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that theU.S. central bank…
UK retail sales bounce back in May, price growth slows: CBI
British retail sales bounced back in May after a slump in April that could have been caused by the timing…