EU-US trade deal lifts outlook for European corporate earnings
The outlook for European corporate earnings improved on Tuesday, according to Reuters, citing LSEG I/B/E/S data,…
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Brent crude premium to Dubai benchmark hits highest level since Sept 2023
Brent crude’s premium to the Middle East’s Dubai benchmark surged above $3 per barrel on Wednesday, reaching $3.33…
Tanker freight rates climb amid Israel-Iran war
Charter rates for oil tankers from the Middle East to Asia surged as escalating tensions between Israel and Iran…
Sterling edges higher as UK avoids Trump tariff hike
Sterling firmed against the dollar on Wednesday as the UK avoided inclusion in US President Donald Trump's latest…
China resells US LNG
Chinese buyers of US liquefied natural gas (LNG) are increasingly reselling cargoes to Europe as tariffs imposed by…
India: Kotak Mahindra Bank’s quarterly profit rises 10%
India's Kotak Mahindra Bank reported a 10 per cent increase in quarterly profit on Saturday due to increased…
China breaks records with $14b in offshore convertible bonds
Chinese major companies have set a new record in the offshore convertible bond market by raising $14 billion in…
Venezuelan oil exports drop by 38% in April
Venezuelan oil exports experienced a significant drop of 38 per cent in April, as tanker owners and clients…
European shares hold amid ASML, LVMH reports
European shares remained steady on Wednesday, lingering near a low of over a month as investors focused on…
Morgan Stanley terminates jobs in Asia
Morgan Stanley is trimming its investment banking workforce in Asia Pacific by at least 50 positions, sources…