China June copper imports slide to 14-month low on weak demand
China’s unwrought copper imports declined in June to a 14-month low, customs data showed on Friday, as high global prices…
China’s Q2 GDP misses estimate, strengthens stimulus bets
China’s economy slowed in the second quarter, data showed on Monday, as a protracted property downturn and job insecurity weighed…
Powell opens key week of Fedspeak as rate cut case develops
Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from…
China trade surplus beat forecasts amid resilient exports but sluggish imports
Export growth continued to edge up in June China’s June exports grew by 8.6% year-on-year to USD 307.8bn, which came…
Most newbuild capacity headed to Asia-Europe amid ongoing diversions
The capacity deployments during the first half of 2024 show that smaller carriers have been deploying many of the new…
Elevated rates set OOCL on track for highly profitable first half
The Cosco subsidiary benefited from a sharp increase in rates as early peak season demand on the main trades out…
Carriers revalue Colombo transshipment calls amid congestion, Indian hub push
Colombo in recent months has found itself suffering serious capacity issues — an opportunity the Indian government and the country’s…
LNG exports from Russia’s Yamal LNG slow down in July, LSEG data shows
Exports of liquefied natural gas (LNG) from Russia’s Yamal LNG plant have slowed slightly in July so far compared with…
French wheat exports and stocks forecast to shrink on poor crop
France is set for a steep fall in soft wheat exports and stocks this season due to a rain-hit harvest…