USS Boxer Arrives in the Philippines for Typhoon Relief Mission
The U.S. Navy amphib USS Boxer and the 15th Marine Expeditionary Unit have arrived in the Philippines to join disaster-relief…
Central bank rate cuts: How fast and how far?
Central banks at a crossroads Do you remember 2022? This was the year central banks in developed markets finally abandoned…
Germany’s economic struggles deepen: A back-to-back recession looms
Germany’s economic downturn deepens with a projected contraction in 2024, marking its second consecutive year of decline. Manufacturing struggles and…
China M&A leaves offshore investors in the lurch
Hong Kong investors look likely to end up as losers in Beijing’s drive to consolidate its state-backed companies. Shanghai-based Guotai…
Japan’s wholesale inflation perks up, yen rise eases cost pressure
Japan’s wholesale inflation accelerated in September but prices of imported goods slid due to the yen’s rebound, data showed on…
Fed’s Daly sees one or two more interest rate cuts this year
San Francisco Federal Reserve Bank President Mary Daly said she “fully” supported the U.S. central bank’s half-of-a-percentage-point interest-rate cut last…
Regional banks brace for tougher capital rules, get relief from Fed cuts
U.S. regional banks preparing for higher capital requirements will get some relief from the Federal Reserve’s jumbo rate cut. As…
Dry Bulker Acquisitions Rise by 34,5% This Year
A significant increase has been notable in the dry bulk market S&P activity so far in 2024. In its latest…
Baltic index falls over one-month low on weak capesize demand
The Baltic Exchange’s main sea freight index continued its decline for the ninth day and hit its lowest in more…