Insights
Charting the global economy: Inflation ebbs in US, France, Spain
With inflation settling down in many European economies, there are signs that central banks in the areas could reduce interest rates.
Top fertiliser maker says ‘Black Swan’ jolts are finally easing
Russia’s 2022 invasion of Ukraine disrupted global fertiliser shipments and pushed prices — and Nutrien earnings — to record heights. But as farmers and retailers balked at the sticker shock, demand tumbled.
Higher demand from US, Turkey, UAE, Saudi Arabia drive engineering exports in May: EEPC India
Inclusion of steel in the RoDTEP scheme may provide greater incentive for steel exporters in India, said EEPC India Chairman.
IMEC will prove to be one of 'biggest game-changers' of 21st century: President Murmu
The IMEC envisages a vast road, railroad and shipping networks among Saudi Arabia, India, the United States and Europe with an aim to ensure integration among Asia, Middle East and West.
US industries fearing a port strike urge Biden to revive talks
Amidst peak shipping season, stable long-term contracts at West Coast gateways draw focus during labor negotiations at East and Gulf Coast ports.
IT service exports should start diversifying in AI, cloud computing and data analytics, say industry players
As the IT service exports come out unscathed amidst a turbulent period for the world, industry players believe it’s time the service portfolio spread out.
Trade routes in turmoil: Why Indian exports are piling up in Colombo and Singapore
About 75% of India's transshipped cargo is handled at ports outside India, and the major trade routes connecting India to various destinations, including Colombo, Singapore, and Port Klang, are currently experiencing strain.
China premier calls to 'oppose decoupling' at economic forum
Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new "green" industries.
Economic decoupling? China remains a dominant player in global manufacturing, supply chains
Declines in foreign direct investment in China highlight the emergence of indigenous Chinese firms like BYD Co. and CATL, which are not major exporters but play a crucial role domestically.
"It's all happening again": The supply chain is under strain
The intensifying upheaval in shipping is prompting carriers to lift rates while raising the specter of waterborne gridlock that could again threaten retailers with product shortages during the make-or-break holiday shopping season. The disruption could also exacerbate inflation, a source of economic anxiety animating the U.S. presidential election.
Must Watch
Global coffee production to rise by 7 million bags in the new crop, says USDA
The USDA said total production of the beans will rise to 176.23 million 60-kg bags from 169.18 million bags previously, mostly due to higher output in top grower Brazil and to a recovery in robusta grower Indonesia.
Drone-sinking of coal ship takes Red Sea perils to new level
The sinking of a coal-carrier by a sea drone near the Bab el-Mandeb chokepoint has raised navigation risks.
Container rate surge enters longest stretch since the pandemic
Rates from Shanghai to Los Angeles have risen for seven weeks, reflecting the balance of supply and demand in the container market.
Charting the global economy: BOE leaves rate-cut hopes alive
The Bank of England hinted at possible interest-rate cuts as some officials are leaning towards it, despite keeping rates steady at 5.25%.
Global supply chain shift: Has India finally arrived?
Global supply lines are shifting for more resilience. Geopolitical developments put India at an advantage. Will demographic dividend finally create value for India?
Fending off Houthis requires double the fleet, EU force says
EU naval force in Red Sea, combating Houthi rebels' attacks, needs to double in size due to escalating threats.
