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Finance

Finance

Fraying central bank consensus spurs dollar and market stress: McGeever

portnews -
The highest inflation in decades is unraveling whatever policy consensus there was between the world’s major central banks since the Great Financial Crisis and...
Finance

China capital outflows surge on geopolitical risks and Covid lockdowns

portnews -
China recorded the largest quarterly capital outflows on record in the first quarter on the back of Covid-19 lockdowns, depreciation and the perceived risk...
Finance

FX Daily: Soft landing seems wishful thinking

portnews -
USD: Sizing the dollar correction The dollar is weaker across the board after last night’s FOMC meeting. One could be forgiven for thinking this was...
Finance

Will $6 billion make transportation more sustainable?

portnews -
As part of the $1 trillion infrastructure package passed by Congress in November, the Federal Highway Administration recently pledged $6.4 billion to help states...
Finance

Shares charge higher after Fed hike, dollar licks wounds

portnews -
Global equity markets were still on the charge on Thursday on relief that the biggest hike in U.S. interest rates in more than two...
Finance

Dollar nurses losses after Fed douses hopes of bigger rate hikes ahead

portnews -
The U.S. dollar was nursing its losses at a one-week low on Thursday after the U.S. Federal Reserve raised interest rates as widely expected...
China

Chinese logistics player De Well eyes Hong Kong IPO

portnews -
Chinese logistics group De Well is seeking a listing of one of its entities on the Hong Kong Stock Exchange. The Cayman Islands-incorporated entity, De...
Companies

Maersk Finds Potential Buyers for Its Stake in Russian Port Operator

portnews -
Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following...
Companies

PetroReconcavo and Eneva offer $1.4bn for Petrobras’ Bahia-Terra cluster

portnews -
Petrobras has received a joint bid, worth more than $1.4bn, for the Bahia-Terra cluster from Brazilian energy companies PetroReconcavo, and Eneva. PetroReconvaco holds a 60%...
Companies

Cadeler intends to expand fleet after capital injection

portnews -
Wind carrier Cadeler has just secured fresh capital and is ready to add another ship to its fleet. The vessel is slated for delivery...
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