OSG bullish on Jones Act tanker rates following profitable quarter
Florida owner saw its top and bottom line figures rise in the first quarter
China’s 2024 iron ore imports seen at record on higher supplies, robust demand
China’s iron ore imports are likely to climb to an all-time high this year, helped by shipments from India and…
China April soybean imports jump 18% to record high for the month
China’s soybean imports in April jumped 18% from a year earlier, data showed on Thursday, as buyers snapped up cheap…
Iron ore hits more than 2-week low on rising inventory, demand caution
Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports…
US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the…
Japan economy expected to shrink in Q1 due to weak consumption
Japan’s economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to…
Minutes of ECB’s April meeting confirm rate cut intentions for June
ECB President Christine Lagarde had been somewhat more cautious in her communication at the April meeting but today’s minutes are…
I wanna dance with somebody
Everyone’s talking about divergence Do you remember that viral video ‘Leadership Lessons from Dancing Guy” from years ago? Watch it…
Heavy focus on June rate cut would be ‘ill advised’, BoE’s Pill says
Betting too heavily on a Bank of England rate cut at its Junerate meeting would be a bad idea, BoEChief…
UK economy surges back into growth in the first quarter
First quarter growth was massive The UK economy powered out of its technical recession in the first quarter, judging by…