[OCEAN] Shipping giant CMA CGM sees uncertain outlook as earnings surge again

Date : 2022-06-16

[Shipping giant CMA CGM sees uncertain outlook as earnings surge again] - June 4, 2022 CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. F...

[GLOBAL & ECONOMY] GLOBAL MARKETS-Asia shares brace for U.S. inflation, euro up on ECB bets

Date : 2022-06-16

[GLOBAL MARKETS-Asia shares brace for U.S. inflation, euro up on ECB bets] - June 6, 2022 Asian shares made a muted start on Monday as caution gripped ahead of a critical reading on U.S. inflation, while the euro gained on the yen amid wagers the...

[GLOBAL & ECONOMY] India wheat export ban: Why it matters to the world

Date : 2022-06-16

[India wheat export ban: Why it matters to the world] - June 6, 2022 India has defended its decision to ban wheat exports after criticism that it could worsen the global food supply situation in the wake of the Ukraine war. "If everyone starts...

[GLOBAL & ECONOMY] Yen Slides to Two-Decade Low, Reigniting Focus on Intervention

Date : 2022-06-16

[Yen Slides to Two-Decade Low, Reigniting Focus on Intervention] - June 7, 2022 The yen extended a twenty-year low against the dollar Tuesday, weighed down by the widening gap between yields in Japan and the US, stoking speculation over potential...

[GLOBAL & ECONOMY] China's May exports, imports seen recovering as supply chains restart - Reuters poll

Date : 2022-06-16

[China's May exports, imports seen recovering as supply chains restart - Reuters poll] - June 7, 2022 China's exports are expected to have expanded at a faster pace in May as factories reopened and supply chain disruptions calmed after Shanghai b...

[GLOBAL & ECONOMY] Goldman Sachs says the US economy will slow to a crawl as the Fed hikes rates, but will dodge a recession

Date : 2022-06-16

[Goldman Sachs says the US economy will slow to a crawl as the Fed hikes rates, but will dodge a recession] - June 6, 2022 Goldman Sachs has said the Federal Reserve will have to sharply slow the US economy to bring down inflation, but said the c...