Top U.S. banks hike dividends after sailing through Fed’s stress test
U.S. banking giants announced plans to raise their third-quarter dividends after proving that they have enough capital to withstand severe…
Thailand’s PTT seeks LNG cargo for July-August delivery
The government has floated a new tender to buy a cargo of spot-market LNG (liquefied natural gas) for mid-July delivery…
China’s June factory activity contracts again, services slows
China’s manufacturing activity fell for a second month in June while services activity slipped to a five-month low, an official…
US Inflation Relief And Consumer Cooldown Boosts Chances Of Rate Cuts
Inflation relief with a “low” 0.1% The May personal income and spending report has offered some encouragement that inflation pressures…
ING: Our first take on the impact of immigration on eurozone inflation
The Federal Reserve Chair Jerome Powell lauded the impact of immigration on inflation at an address at Stanford University last…
Chinese Issuers Face Additional Risks as Tariff Actions Against China’s Exports Mount
A recent escalation in tariff actions directed against Chinese exports does not pose an immediate challenge to the ratings of…
Russia will start gas exports to China from far east in 2027
Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) in 2027, its boss…
India steel, trade ministries in talks over rising Chinese imports, says source
India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, a government source with direct…
Russia is likely to continue with gasoline exports in July, sources say
Russia is close to ruling on a continuation of gasoline exports in July, extending a waiver on a partial ban…
Ageing MR Product Tanker Fleet Could Impact Future Market Prospects
A boost in ton-mile demand has kept older MR tankers afloat. In its latest weekly report, shipbroker Gibson said that…