Pressure piles on Germany’s Scholz to hold quick confidence vote
German opposition parties and business groups on Thursday urgedChancellor Olaf Scholz to trigger new elections quickly after his rocky three-way…
US worker productivity rises moderately in third quarter; labor costs elevated
U.S. worker productivity increased moderately in the third quarter, resulting in only a gradual slowdown in labor costs that could…
German industrial production still not bottoming out
German industrial production fell by 2.5% month-on-month in September from +2.6% MoM in August. On the year, industrial production is…
South Korea’s NOFI buys 65,000 T corn, 63,000 T feed wheat in tender
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) bought an estimated 65,000 metric tons of animal feed corn…
Japan buys 121,790 tons of food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 121,790 metric tons of food-quality wheat from the…
India’s veg oil imports seen lower in 2024-25, industry group says
India’s vegetable oil imports are estimated to decline further in the 2024-25 season to 15 million metric tons, as favourable…
South Korean mills buy 100,000 T wheat from US, Australia
A group of South Korean flour mills bought an estimated 100,000 metric tons of milling wheat to be sourced from…
Taiwan’s Formosa Petchem offers 2025 gasoil term supplies, sources say
Taiwan’s Formosa Petrochemical Corp (FPCC) 6505.TW has started offering next year’s term supplies for 10ppm and 500ppm sulphur gasoil via…
IMO heads to COP29 to promote net-zero framework for shipping
Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in…
Early Lunar New Year, tariffs, strike risk underpin Q4 strength in ocean freight
The bullish fundamentals are expected to keep US imports healthy as the year ends and put a floor under rates,…