Report: Indian Class Withdrawn on Sanctioned Russian Tankers
Russian shipping interests continue to shuffle around the registry details of their large crude tankers in an apparent effort to…
Video: Last Baltimore Bridge Section Removed With Explosives
On Monday afternoon, after several days of delay due to weather, contractors used an explosive “precision” cutting process to remove…
Putin war economy plans require a reality check
Vladimir Putin has at last published his electoral platform — but only after the dubious election that kept him in…
Improving key indicators signal positive outlook for China’s economy
China’s economy is expected to maintain its recovery momentum despite multiple challenges, as evidenced by the favorable performance of numerous…
UK employers plan 4% pay rises in coming year, survey shows
British employers expect to raise wages by 4% over the coming 12 months, a similar rate to three months ago,…
China new bank loans fall more than expected in April
New bank lending in China fell more than expected in April from the previous month while broad credit growth hit…
China says to sell initial batch of long-dated bonds this week
China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced Monday, as Beijing…
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…
Fed’s Jefferson favors holding rates steady until clear inflation ebbing
Federal Reserve Vice-Chairman Phillip Jefferson said Monday that until it’s clear price pressures are moderating, he supports holding steady on…
Euro zone banks have halved exposure to Russia, ECB’s Buch says
Euro zone banks have more than halved their exposure to Russia since the invasion of Ukraine, the European Central Bank…