Rebound in US economic growth in Q2 masks underlying weakness
U.S. economic growth rebounded more than expected in the second quarter, but that grossly overstated the economy’s health as declining…
Euro zone growth holds up better than feared in Q2
Euro zone economic growth held up better than feared last quarter, suggesting that businesses are adapting to trade uncertainty, potentially…
Strong headline growth in the US masks cooler domestic demand
Trade reversal boosts 2Q GDP Second-quarter GDP growth in the US has come in at 3% annualised, above the 2.5%…
Powell says Fed does not consider government interest rate costs in policy debate
U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government…
Busan aims to boost transshipment volumes with new $573 million feeder terminal
Development of the new terminal comes as gains in transshipment volumes are outpacing the increase in gateway cargo at Busan,…