Baltic index hits near two-year high on higher larger vessel rates
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a…
Dry Bulk Shipping: Brazil’s Soybean Exports on the Rise
In a recent weekly report, shipbroker Banchero Costa said that “soybeans are one of the most important dry bulk commodities,…
US Expands Sanctions on Iran’s Energy Trade Snaring Wide Array of Companies
The United States expanded its sanctions against Iran’s energy trade with coordinated actions by both the State Department and the…
Top ECB officials urge EU to remove internal barriers amid Trump tariffs
The European Union can offset the economic drag from U.S. trade tariffs and deglobalisation by removing internal barriers, top European…
Bank of Japan signals chance of December rate hike as yen slides
Bank of Japan Governor Kazuo Ueda said he wanted “just a bit more data” on next year’s wage-growth direction and…
French economy stabilises in November as services expand, PMI shows
French business activity almost stabilised in November, according to a survey published Friday, as unexpected growth in the country’s dominant…
US factory activity slows in November, inventory piling up amid softening demand
U.S. factory activity slowed to a four-month low in November as higher prices because of tariffs on imports restrained demand,…
Euro zone business activity grows steadily in November, PMI shows
Euro zone business activity grew steadily this month as services expanded at the quickest pace in 1-1/2 years, while weak…
Japan factory activity down for fifth month in November, PMI shows
Japan’s manufacturing activity contracted for a fifth month in November, albeit at a slower pace than in the previous month…
Fed’s Williams says Fed can still cut rates in the “near term,” boosting odds of a December move
The U.S. Federal Reserve can still cut interest rates “in the near term” without putting its inflation goal at risk,…