Self-reliance has long been part of Chinese philosophy, culture and policy. But recent moves by Beijing suggest the country is looking to import more iron ore from international producers, rather...
The European Union agreed on Tuesday new rules to guard against cheap Chinese imports, ending 18 months of wrangling over trade ties with Beijing, sources said. The European Union and...
The global economy has improved markedly this year and is on course to record its fastest expansion since 2010, but the current favourable mix of strong growth and highly-accommodative macro...
India’s annual infrastructure output grew at its fastest pace in five months in August, driven by higher coal and electricity production, government data showed on Tuesday. The output grew 4.9...
Eurozone producer prices grew the most in three months in August, data from Eurostat showed Tuesday. Producer prices increased 2.5 percent year-on-year in August, faster than the 2 percent rise...
Italy’s public budget deficit narrowed slightly in the first half of this year to 2.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2016,...
Monaco-based owner of dry bulk carriers Safe Bulkers has refinanced USD 74.9 million loans outstanding, the company said. The refinancing was carried out via a new loan facility of USD...
The effect that the US oil exports surge is having on the tanker market is starting to take shape. In its latest weekly report, shipbroker Charles R. Weber said that...
The recent financial crisis is reshaping the maritime sector in ways that we are not able to predict or estimate. The exit of big financial institutions from the shipping financing...
In 2016 Norwegian navigation experts, Nautisk, took the decision move their focus from printed to digital navigation services. While they still stock and sell printed navigation charts – and introduced...
Greece expects economic recovery to gain pace next year when it aims to exit its bailout, the government’s draft budget showed on Monday, projecting that stronger growth will help it...
Even as Catalonia serves a reminder that political risks remain, the euro area’s year of living dangerously is turning out well for the economy. On track for the strongest expansion...