2 oil cargoes, LNG vessel taken off to deep sea
Two oil cargoes and an LNG tanker vessel were taken off to deep sea near Kutubdia island as a precautionary…
Indonesia’s Pertamina seeks more June gasoil, jet fuel, sources say
Indonesia’s Pertamina is seeking additional gasoil and jet fuel cargoes for June delivery after recent procurements, three sources said on…
South Korea’s KFA tenders for up to 138,000 T corn, traders say
South Korea’s Korea Feed Association (KFA) has issued an international tender to purchase up to 138,000 metric tons of animal…
Russia’s ESPO sea-borne oil exports hit record-high in May, Kommersant reports
Russia’s ESPO oil blend exports from the Pacific port of Kozmino have increased by 5% so far in May from…
Israeli-Turkish trade on life support as relations hit bottom
Israeli-Turkish trade has weathered many bilateral diplomatic storms over the decades and stayed on course, reaching billions of dollars a…
France looks to elusive EU capital market to fix start-up funding
France is banking on a new push to integrate the European Union’s fragmented capital markets to give them the scale…
German business sentiment stagnates in May
German business morale stagnated in May, a survey showed on Monday, falling short of a forecast improvement and suggesting the…
China’s property stimulus raises risks for banks in smaller cities, S&P Global says
China’s latest steps to revive its struggling property market could pose risks to banks operating in lower-tier cities, S&P Global…
Ifo index gives cold shower to optimists
The Ifo index, Germany’s most prominent leading indicator, just illustrated that the cyclical bottoming out will not automatically be followed…
ECB policy must stay restrictive into 2025, chief economist says
The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive this…