News Media
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Date : 2022-10-28
Asian shares mostly rose Monday, but benchmarks fell in Hong Kong and Shanghai after Beijing reported that the Chinese economy gained momentum in the last quarter. Market watchers are keeping a cautious eye on inflationary pressures and any signs ...
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Date : 2022-10-28
Japan's core consumer inflation rate accelerated to a fresh eight-year high of 3.0% in September, challenging the central bank's resolve to retain its ultra-easy policy stance as the yen's slump to 32-year lows continue to push up import costs. Th...
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[GLOBAL & ECONOMY] Wall Street Is Heading to Saudi Arabia as US Oil Spat Simmers - October 24, 2022
Date : 2022-10-28
An escalating dispute over an OPEC+ decision to cut oil production risks causing lasting damage to political relations between the US and Saudi Arabia. Wall Street seems unfazed. JPMorgan Chase & Co. CEO Jamie Dimon and Goldman Sachs Group Inc.’s ...
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Date : 2022-10-20
The fall in China’s exports in September, the global economic downturn and the innumerable repercussions of the endless impacts of the war, the lockdowns in China, and the port strikes have been the highlight of the monthly container logistics report...
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[LOGISTICS] Exporters gain from lower sea freight rates - 2022-10-14
Date : 2022-10-20
Lower sea freight rates will benefit China's export-oriented companies in the fourth quarter, which can be a practical driver to stimulate demand in the global market, said analysts and exporters.
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[AIR] Air cargo rates and volumes decline further - Oct 14, 2022
Date : 2022-10-20
Global air cargo prices and volumes continued to decline, the latest figures from WorldACD Market Data reveal.
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[OCEAN] US container imports expected to fall as freight rates hit multi-year lows - 10 Oct 2022
Date : 2022-10-20
North American container imports are expected to drop to their lowest level since early 2021, maritime consultancy Hackett Associates said, as weakening demand drives freight rates lower.
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[OCEAN] Shipping market outlook - Container vs Dry bulk: Q3 2022 update
Date : 2022-10-20
Third-quarter 2022 Dry Bulk Utilization Index is now available through the Freight Rate Forecast Volatile path to lower freight rates in near term before recovering in late 2023 with regulation impact on supply and gradual demand recovery Summa...
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[GLOBAL & ECONOMY] The global economy is in chaos. Nobody’s coming to the rescue. - October 15, 2022
Date : 2022-10-20
America is driving the West’s response to the war in Ukraine. But U.S. officials are struggling to project a global response to a worldwide economic slowdown.
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Date : 2022-10-20
As bad as Europe’s energy woes are now, the continent’s energy crisis will not be over by next spring.
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[GLOBAL & ECONOMY] Surging dollar tests China's capital controls as cash flees - October 17, 2022
Date : 2022-10-20
Cash is leaving China's financial markets at the fastest clip in years as investors flee a falling currency and sputtering economy, and analysts point to hints that more money is being moved out of the country along back channels in a further sign of...
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[GLOBAL & ECONOMY] Japan keeps up warnings over rapid yen moves after G20 - October 17, 2022
Date : 2022-10-20
Japanese authorities kept up their verbal warnings to the market on Monday of a firm response to any overly rapid yen declines, after a 32-year low for the yen last week and meetings of global financial leaders that acknowledged currency volatility. ...
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[GLOBAL & ECONOMY] American consumers are becoming more price-sensitive again - October 13, 2022
Date : 2022-10-20
ASKED ABOUT the state of the economy, Americans are surprisingly gloomy. More than half say they are experiencing financial hardship; more than a third say they are having difficulty paying for regular household expenses. Yet, even as surveys suggest...
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[LOGISTICS] If supply chain crunch is finally easing, why is inflation so high? - October 2, 2022
Date : 2022-10-13
Remember back in 2021 when inflation was “transitory” and surging consumer prices were blamed on the supply chain crisis? The Fed and macro investors became intensely interested in chaos at the ports. The focus on bottlenecks spurred the Federal Rese...
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[LOGISITCS] Ocean freight orders are signaling a big drop in consumer demand - OCT 3 2022
Date : 2022-10-13
A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop in ocean freight orders for the months of September and October. The decline in demand cuts across many products, includin...
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[AIR] Top 25 air cargo carriers rise to supply chain challenge] - 05 / 10 / 2022
Date : 2022-10-13
IATA World Air Transport Statistics (WATS) data shows the top 25 cargo airlines last year succeeded in delivering on an appetite for air cargo, despite limited capacity, staff shortages and pandemic-related congestion and constraints throughout the s...
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[OCEAN] ‘Potential feeder containership shortage’ in Mediterranean - Oct 10, 2022
Date : 2022-10-13
MSI said that newbuilding contracting by owners who operate in the Mediterranean will need to increase in the coming years as environmental regulations tighten. Environmental regulations threaten supply by making some vessels less commercially viable...
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Date : 2022-10-13
Rates for shipping containers from east Asia and China to the US continued to fall this week and are nearing the levels seen at the start of the pandemic, pushed lower by falling demand, China’s ongoing zero-COVID policies and Chinese factory closure...
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[GLOBAL & ECONOMY] IMF, World Bank Warn of Increasing Risk of Global Recession - October 11, 2022
Date : 2022-10-13
The heads of the International Monetary Fund and World Bank warned of a rising risk of a global recession as advanced economies slow and faster inflation forces the Federal Reserve to keep raising interest rates, adding to the debt pressures on devel...
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Date : 2022-10-13
Europe's auto industry faces not only a difficult winter but a tough 2023 as well, with potential output loss of one million cars per quarter, as companies struggle to stay online amid possible energy shortages and supply chain issues.