ECB’s Centeno says May inflation uptick still allows to cut rates
An acceleration in inflation in the euro zone in May exceeded forecasts by 0.1 percentage points, which is not a…
China’s new home prices inch up for 9th month in May, survey shows
New home prices in China rose slightly for a ninth month in May, a private survey showed, driven higher by…
Fed seen more likely to cut rates in Sept after PCE data
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report…
US says it could act against China firms, banks over Russian war support
The United States and other nations could take steps against Chinese firms and financial institutions over Beijing’s backing for the…
Spain shows strong appetite for Ukrainian corn in first 6 months of MY 2023-24
Spain, Europe’s leading corn importer, showed robust demand for Ukrainian corn in the current marketing year 2023-24 (October-September), as the…
South Korea’s MFG buys 63,000 T feed wheat in tender, traders say
South Korea’s Major Feedmill Group (MFG) purchased an estimated 63,000 metric tons of animal feed wheat in an international tender…
Demand may push China’s LNG imports to record high
Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbonisation, China’s liquefied natural gas (LNG)…
South Korea buys feed wheat and soymeal, passes on corn
Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as…
The Case for Handy Tankers
The Handy tanker segment is about to face a supply crunch, as a result of years of underinvestment. In its…
Investors’ changing preferences for new ships
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles.…