Baltic index falls to more than two-month low on weaker vessel rates
The Baltic Exchange’s main sea freight index extended its fall to the lowest in more than two months on Wednesday…
Dry Bulk Iron Ore Flows, Brazil Port Congestion, Market Rates
The Capesize market rates for the Brazil to North China route have softened, yet rising iron ore exports from Brazil,…
INTERCARGO Expresses Concern Over RightShip’s Decision to Reduce the Age Limit for Bulk Carriers’ Vetting Inspections
INTERCARGO members have voiced deep concerns regarding RightShip’s recent decision to reduce the age limit of bulk carriers eligible for…
India’s September merchandise trade deficit below forecast on lower gold imports
India’s merchandise trade deficit was narrower than expected in September, helped by a sharp sequential drop in gold imports, according…
Japan August machinery orders fall 1.9% m/m, worse than expected
Japan’s core machinery orders fell 1.9% in August from the previous month, down for two straight months and the drop…
October’s ECB cheat sheet: Reluctant mark-to-market
Retaining bias for higher front-end rates A slate of weaker survey data and a cooler September CPI prompted officials at…
China may raise $850 bln in new debt over three years to spur growth, says report
China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to stimulate a…
Europe’s booming labour market needs to brace for change
The eurozone economy has been struggling since late 2022, but its labour market has continually been overheating. It’s been something…
Musk, dogecoin investors go yet another round with post-dismissal sanctions motions
A Manhattan federal judge may have thought he’d heard the last of a securities class action by dogecoin investors who…
AI, cloud funding in US, Europe and Israel to hit $79 bln in 2024, Accel says
Funding of artificial intelligence and cloud companies in the U.S., Europe and Israel is rising after three years of decline…