DBRS upgrades Greece on debt reduction
DBRS Morningstar upgraded Greece’s credit rating to ‘BBB’ from ‘BBB low’ citing a healthier banking sector and the continued reduction…
Powell says Fed has time to wait for clarity on Trump policy shifts
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on…
China has more room to act on fiscal policy amid global uncertainties, finance minister says
China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters.…
Trump says Canada, Mexico tariff reprieve is short-term move, duties may rise over time
U.S. President Donald Trump said on Friday that he gave Canada and Mexico a break from his new 25% tariffs…
Russia’s seaborne fuel oil exports fall in February, data shows
Russia’s seaborne fuel oil and vacuum gasoil exports dropped 15% in February from the previous month to around 3.3 million…
South Korea reassures US crude import tariff near zero after Trump’s fourfold higher claim
South Korea’s tariff rate on US goods is close to zero, trade ministry officials said over March 5-6, reassuring the…
Global trade near-stabilises in February
The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that the recent contraction of global…