Flexport hit with second FMC billing complaint this month
A legal battle over unpaid detention and demurrage bills between the forwarder and importer Giti Tire has now moved to…
Carrier Zim swings back to Q1 profit on volume, pricing strength
The carrier credits new chartered capacity and container equipment investments for allowing it to handle the higher-than-expected volume growth this…
Vietnamese rice lowest offer in Indonesia’s tender for 300,000 T, traders say
The lowest price offered in the international tender from Indonesian state purchasing agency Bulog buy about 300,000 metric tons of…
Copper near record high; subdued physical demand caps gains
Copper prices rose on Tuesday, hovering around their record highs, as investors took a breather to assess the sustainability of…
Pakistan GDP grows 2.09% in Q3, supported by agriculture
Pakistan’s economy grew 2.09% in the third quarter of the financial year 2023-2024, supported by higher growth in agriculture, the…
Malaysian palm oil falls as weaker exports weigh
Malaysian palm oil futures reversed early gains to trade lower on Tuesday, weighed down by a drop in exports of…
South Korean oil majors to sell more diesel for June than May, sources say
Major South Korean oil companies are expected to sell more spot 10ppm sulphur diesel for June than in May despite…
India’s Russian oil imports rise to nine-month high in April
India’s Russian oil imports rose a nine-month high in April after shipments onnon-sanctioned tankers operated by Russia’s largest shipping company…
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
Deutsche Bank has raisedits 2024 year-end S&P 500 .SPX target to 5,500, the highest among major brokerages, banking onstrong corporate…
Fed’s Barr: Inflation data ‘disappointing,’ tight policy needs more time
U.S. inflation data through the first months of 2024 has been “disappointing,” Fed vice chair for supervision Michael Barr said…