Maersk Cuts Global Trade Forecast as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 16:23
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 15:52
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:22
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
2023-08-04 15:22
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:19
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:46
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has become far less inverted this week, but the shift is unnerving investors as
2023-08-04 13:18
China Scraps Australian Barley Tariffs in Place Since 2020
China will scrap anti-dumping and anti-subsidy tariffs on Australian barley, effective from Aug. 5, China’s commerce ministry said
2023-08-04 12:54
Oil Coasts to Sixth Weekly Gain After Saudis, Russia Extend Cuts
Oil headed for a sixth straight weekly gain, the longest winning streak in more than a year, after
2023-08-04 11:56
Jokowi’s EV Ambition Takes A Step Forward With Cathode Factory
President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans
2023-08-04 10:46
Rare China Vow on Market Support Puts Beijing’s Toolkit in Focus
An unusual display of China’s commitment to rejuvenating its capital markets has sparked newfound hopes among traders in
2023-08-04 10:22