20
Dec
Bank of England keeps main interest rate unchanged at 4.75%
The Bank of England's monetary policy committee (MPC) yesterday kept its main interest rate unchanged at 4.75 per cent, with data indic...
Blog
20
Dec
ICE cotton marks longest decline in months, strong dollar drives slide
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...
20
Dec
OPCW addresses chemical weapons concerns in Syria
The OPCW held an extraordinary meeting to address Syria's incomplete declaration and ongoing use of chemical weapons.
Director General ...
20
Dec
China’s policy shift signals increased economic support in 2025: Fitch
Fitch Ratings expects China’s shift to a moderately loose policy stance in 2025 to increase fiscal and monetary support, with the defic...
20
Dec
Nordstrom Rack expands footprint in New Hampshire, US
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...
20
Dec
GEP global supply chain index hits -0.20 in Nov, lowest since June
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...
20
Dec
Ind-Ra expects Indian economy to grow 6.6% YoY in FY26
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....
20
Dec
Trade tensions may hit European, Middle East seaports: Fitch Ratings
Trade tensions and likely US tariff hikes may hit global trade, exacerbating the growth challenges faced by European and Middle East se...
20
Dec
Vietnam’s textile & garment exports rise 10.6% to $33.6 bn in Jan-Nov
Vietnam’s textile and garment exports (excluding yarn) rose 10.6 per cent YoY to $33.65 billion from January to November 2024, despite ...
20
Dec
Turkish textile industry challenges: Interest rates & export decline
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...