Showing 1-10 of 101 results
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Asia braces for growth hit from Ukraine-driven inflation shock
Reuters, Published on 09/03/2022
» An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks of weak growth coupled with surging prices adding unwanted complexity to monetary setting plans.
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World smashes heat records, UN sounds 'Red Alert'
Reuters, Published on 19/03/2024
» GENEVA - Every major global climate record was broken last year and 2024 could be worse, the World Meteorological Organization (WMO) said on Tuesday, with its chief voicing particular concern about ocean heat and shrinking sea ice.
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Singapore bunker fuel schedules tighten, premiums rise on Red Sea impact
Reuters, Published on 25/01/2024
» SINGAPORE - Shippers and trading firms are facing longer waits and higher prices for low-sulphur fuel deliveries at Singapore, the world's top bunker hub, as refuelling demand rises due to ship diversions from Red Sea tensions, industry sources told Reuters.
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War, weather put ocean shippers on notice for rough seas
Reuters, Published on 06/01/2024
» LOS ANGELES - Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop — but it is hardly the only issue that big carriers are facing as 2024 kicks off.
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Study reveals world's most expensive cities
Reuters, Published on 30/11/2023
» HONG KONG - Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over.
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Panama Canal water level at historic low
Reuters, Published on 06/09/2023
» PANAMA CITY - Water levels in the Panama Canal have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place until late 2024, the waterway’s authority said on Tuesday.
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Exports down 6.2%, bigger slump than forecast
Reuters, Published on 25/08/2023
» Thai exports shrank for a 10th consecutive month in July, and at a far bigger rate than expected, as global demand remains sluggish, the Commerce Ministry said on Friday.
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Economy likely grew 3.1% in Q2 on higher tourist arrivals
Reuters, Published on 18/08/2023
» BENGALURU: Thailand's economy likely grew 3.1% in the April-June quarter from a year ago, up from 2.7% in the previous quarter, driven by increased foreign tourist arrivals, according to the median forecast of 21 economists polled.
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Finance trims GDP growth forecast to 3.5% this year
Reuters, Published on 26/07/2023
» The Finance Ministry has lowered its 2023 economic growth outlook to 3.5% from 3.6% projected earlier, as tourism gathers strength but tepid global demand crimps exports.
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Asia rice output turns corner as farmers expand planting
Reuters, Published on 09/05/2023
» SINGAPORE: Asia's rice output is set to climb this year as higher prices spur farmers to expand acreage and use more fertiliser, easing supply concerns after production suffered its first decline in seven years in 2022.
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