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Greek Shipyards Surge Back to Life

Greece's Skaramangas Shipyard rebounds from crisis, sees increased business in ship repairs.

UK Pay Growth Hits Eight-Month High, Jobs Market Resilient

UK pay growth hit an eight-month high in Q4 2024, reaching 5.9%. Employment also unexpectedly rose despite concerns over the government's payroll tax increase. The resilient jobs market may complicate the BOE's efforts to tame inflation.

Chinese Private Terminals Circumvent US Sanctions to Take Oil from Russia, Iran

Private terminals in China receive oil from sanctioned US tankers, finding ways to circumvent reluctance from larger port operators, suggesting discounted crude continues to flow to the country's largest buyers of Iranian and Russian crude.

Gold Flows From Singapore to US Hit Three-Year High Amid Market Disruptions

Gold shipments from Singapore to the US surged to a near three-year high in January due to pricing disparities in key markets.

Oil Steadies After OPEC+ Delay, Ukraine Drone Attack

Oil prices steady amid OPEC+ output delay considerations and Ukrainian drone attack on Russian pumping station.

Asian Stocks Retreat as Ukraine Talks and China Selloff Dent Sentiment

Asian stocks retreated, European equity futures fell amid Ukraine war talks uncertainty; Chinese shares dropped on tech sell-off; US Treasuries declined; dollar strengthened; oil steadied higher on OPEC+ output delay considerations.

Asia Stocks Advance, Hong Kong Outperforming on China Support

Asian stocks rally after China's Xi Jinping raises optimism for private sector support, with Hong Kong gauges outperforming.

US Stock Futures Rise Ahead of Earnings, Fed, and Strong Dollar Impact

Futures tied to major U.S. stock indexes edge higher as traders brace for earnings, Fed rate path, and strong dollar impact.

BHP's Interim Profit Slides 23% as China Woes Hit Iron Ore Demand

BHP profit falls 23% as China's faltering economy dampens iron ore demand, prompting a dividend cut to an eight-year low.

Asian Stocks Advance as China Signals Support for Private Sector

Asian stocks surge, with Hong Kong leading gains after China's President Xi Jinping's meeting with business leaders raised expectations of increased support for the private sector.