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Bank of England keeps main interest rate unchanged at 4.75%

  • December 20, 2024
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20 Dec
The Bank of England's monetary policy committee (MPC) yesterday kept its main interest rate unchanged at 4.75 per cent, with data indic...

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ICE cotton marks longest decline in months, strong dollar drives slide

  • December 20, 2024
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20 Dec
ICE cotton experienced its longest losing streak in months, with the March 2025 contract settling at 67.91 cents per pound, down by 0.1...

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OPCW addresses chemical weapons concerns in Syria

  • December 20, 2024
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20 Dec
The OPCW held an extraordinary meeting to address Syria's incomplete declaration and ongoing use of chemical weapons. Director General ...

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China’s policy shift signals increased economic support in 2025: Fitch

  • December 20, 2024
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20 Dec
Fitch Ratings expects China’s shift to a moderately loose policy stance in 2025 to increase fiscal and monetary support, with the defic...

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Nordstrom Rack expands footprint in New Hampshire, US

  • December 20, 2024
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20 Dec
Nordstrom Rack will open a 30,000-square-foot store in Nashua, New Hampshire, at Royal Ridge Center in spring 2025. The off-price divis...

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GEP global supply chain index hits -0.20 in Nov, lowest since June

  • December 20, 2024
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20 Dec
The GEP Global Supply Chain Volatility Index rose to -0.20 in November, the lowest spare capacity since June, driven by Asia's rising p...

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Ind-Ra expects Indian economy to grow 6.6% YoY in FY26

  • December 20, 2024
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20 Dec
India Ratings and Research expects the Indian economy to grow at 6.6 per cent YoY in FY26—20 bps higher than its revised forecast of 6....

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Trade tensions may hit European, Middle East seaports: Fitch Ratings

  • December 20, 2024
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20 Dec
Trade tensions and likely US tariff hikes may hit global trade, exacerbating the growth challenges faced by European and Middle East se...

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Vietnam’s textile & garment exports rise 10.6% to $33.6 bn in Jan-Nov

  • December 20, 2024
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20 Dec
Vietnam’s textile and garment exports (excluding yarn) rose 10.6 per cent YoY to $33.65 billion from January to November 2024, despite ...

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Turkish textile industry challenges: Interest rates & export decline

  • December 20, 2024
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20 Dec
The rising interest rates in Turkiye, which spiked from 15 per cent in 2023 to 50 per cent by November 2024, have been adversely affect...

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