US weekly jobless claims fall as labor market remains solid
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor…
BOJ’s Ueda sticks to economic recovery view, keeps alive rate hike chance
Bank of Japan Governor Kazuo Ueda said on Thursday the economy was on track for a moderate recovery, suggesting a…
Stubborn eurozone wage growth provides hawkish signs for ECB
Negotiated wage growth in the eurozone ticked back up in the first quarter from 4.5% to 4.7% year-on-year. This boosts…
Recovery continues in Europe: less room for ECB cuts after June?
Business activity expansion in the eurozone showed by HCOB’s preliminary Purchasing Managers’ Index (PMI) in May has boosted hopes of…
German producer prices fall more than expected in April
German producer prices fell more than expected in April due mainly to lower energy prices, the federal statistics office reported…
Video: Australian Police Find Stash of MDMA on a Ro/Ro
Australia’s federal authorities are asking for the public’s help in tracking down the importers of 120 kilos of raw MDMA…
Senior Maryland Pilot Warned Officials of Risk of Bridge Strike
A senior Maryland pilot raised concerns about the risk of an allision between a big ship and the Francis Scott…
China Launches Major Naval Drill to "Punish" Taiwan’s New President
In response to the election of a pro-independence president in Taiwan, China has launched a series of large-scale naval exercises…
Seaspan Reveals Design for Ammonia-Ready Feeder that Received AiP from LR
A new project involving containership owner Seaspan, Hamburg, Germany-based naval architecture firm Technolog, and Lloyd’s Register previewed a future design…
Flex LNG: Russia May be Building a New "Dark Fleet" of Old LNG Carriers
Russia is likely in the early stages of assembling a new “dark fleet” of LNG carriers in order to sanction-proof…