- A look at the day ahead in Asian markets from Jamie McGeever. Economic data from Asia's two economic powerhouses kicks off the global trading day on Monday - a batch of July indicators from misfiring China, and Japan's Q2 GDP report. We get the first insight into how China's COVID-hit economy started Q3, with July readings of industrial output, retail sales, house prices and urban investment.
A look at the day ahead in Asian markets from Jamie McGeever. Economic data from Asia's two economic powerhouses kicks off the global trading day on Monday - a batch of July indicators from misfiring China, and Japan's Q2 GDP report. We get the first insight into how China's COVID-hit economy started Q3, with July readings of industrial output, retail sales, house prices and urban investment.
Poison cannot be ruled out as the cause of a mass die-off of fish in the Oder river but tests so far have not proven toxic substances were to blame, Polish Environment Minister Anna Moskwa said on Sunday. Tonnes of dead fish have been found since late July in the river Oder, which runs through Germany and Poland.
The first ship carrying Ukrainian wheat to be exported under a U.N.-brokered deal arrived in Istanbul on Sunday, the Joint Coordination Centre based in the Turkish city, said. The Belize-flagged vessel is the first to carry wheat from Ukraine through the Black Sea since Russia's invasion. Reuters footage showed the ship crossing the Bosphorus Strait and docking there, awaiting inspection.
Optimism is seeping back into the U.S. stock market, as some investors grow more convinced that the economy may avoid a severe downturn even as it copes with high inflation. The benchmark S&P 500 has rebounded about 15% since mid-June, halving its year-to-date loss, and the tech-heavy Nasdaq Composite is up 20% over that time.
The first ship to depart Ukraine under a deal to resume grain exports from the country two weeks ago was approaching the Syrian port of Tartous on Sunday, two shipping sources said, after the vessel had been sailing with its transponder off.
The United Nations-chartered ship MV Brave Commander will depart Ukraine for Africa in coming days after it finishes loading more than 23,0000 tons of wheat in the Ukrainian port of Pivdennyi, a U.N. official said. The ship, which arrived in the port near Odesa, will sail to Ethiopia via a grain corridor through the Black Sea brokered by the United Nations and Turkey in late July.
Ukraine is targeting Russian soldiers who shoot at Europe's largest nuclear power station or use it as a base to shoot from, as G7 nations, fearing a nuclear catastrophe, called on Moscow to withdraw its forces from the plant. Ukraine and Russia have traded accusations over multipleincidents of shelling at the Zaporizhzhia facility in southern Ukraine.
Argentina announced late on Friday a package of tax and customs benefits for the oil and gas industry meant to attract dollars to the South American nation, which is battling crippling inflation and a low level of foreign currency reserves.
The U.S House on Friday passed the Biden administration's Inflation Reduction Act of 2022, with the bill now going to President Joe Biden's desk to be signed into law. What Happened: Microsoft Corporation co-founder Bill Gates took to Twitter on Friday to express his views on the bill.
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