ECB’s next move may be a hike, but not anytime soon, Schnabel tells Bloomberg News
The European Central Bank’s next move may be an interest rate hike, rather than a cut as some still expect,…
Steering away from the Bentley: Chinese super-rich in Singapore turn to low-key luxury
Faced with growing scrutiny by authorities at home and in Singapore, mainland Chinese living in the city-state are being more…
German industrial production shows tentative signs of bottoming out
German industrial production increased by 1.8% month-on-month in October, from a downwardly revised 1.1% MoM in September. The October improvement…
Waiting for a sudden surge: the eurozone’s Big 4
Germany: Waiting for the ketchup bottle effect Germany has been both the eurozone’s greatest disappointment and its main source of…
Nomura joins global brokerages in forecasting Fed rate cut this week
expects the U.S. Federal Reserve will deliver an interest rate cut at this week’s policy meeting, joining global peers in…
Platts guidelines on EU import ban of oil products derived from Russian crude for European assessments
Platts, part of S&P Global Energy, wishes to notify subscribers of its approach to reflecting the import ban on oil…
Indonesia to impose coal export tax of up to 5% next year, finmin says
Indonesia plans to impose a tax on coal exports of between 1% and 5% next year, Finance Minister Purbaya Yudhi…
Kazakhstan’s CPC oil pipeline will not return to full export capacity before December 11, sources say
Kazakhstan’s Caspian Pipeline Consortium, which accounts for 1% of global crude supply, will not return to full export capacity until…
Putin says Russia is willing to supply ‘uninterrupted’ fuel to India, as U.S. pressures New Delhi to cut back
Russian President Vladimir Putin has underlined Moscow’s willingness to provide “uninterrupted shipments of fuel” to India, as the U.S. pressures…
Uganda October coffee shipments up 38% from last year, agriculture ministry says
Uganda’s coffee exports in October surged 38% year-on-year, boosted by a good harvest in the country’s central and eastern regions,…