Crude oil support helps ICE cotton break 8-session losing streak
ICE cotton futures closed higher on Wednesday, breaking an eight-session losing streak. Higher crude oil prices and gains…
US economy faces slowdown as growth trends weaken, SBI report warns
US economy may be heading towards a downturn, as post-pandemic growth proves to be an outlier, according to…
US growth forecast cut as trade war hits economy; inflation up: Fitch
US’ growth forecast for 2025 has been revised down to 1.7 per cent from 2.1 per cent, while…
South Korea dominates US PSF market as tariffs hit China’s exports
Polyester staple fibres (HS code-550320) are widely used in the US textile industry, particularly in clothing, home textiles,…
Denmark’s SPOOR achieves OEKO-TEX MADE IN GREEN for hides
The international OEKO-TEX Association and Danish traceability pioneer SPOOR, part of Scan-Hide, have announced the next step in…
Europe’s maritime sector needs to do more to meet EU environment goals
Europe’s maritime sector is making progress towards greater sustainability, but needs to raise its efforts in future to…
Germany’s manufacturing downturn softens in Jan 2025: HCOB PMI survey
The downturn in Germany’s manufacturing sector softened in January, with goods producers reporting the slowest declines in both…
Sentiment among firms in Germany improves a bit in Jan: ifo Institute
Sentiment among companies in Germany has slightly improved in January this year, according to Leibniz Institute for Economic…
Germany’s industrial producer prices up 0.8% YoY in December 2024
Germany’s producer prices of industrial products (domestic sales) in December 2024 increased by 0.8 per cent year-over-year (YoY),…
Germany’s inflation rate estimated at 2.6% YoY in Dec 2024
The consumer price index (CPI) for Germany is expected to increase by 2.6 per cent year-over-year, and 0.4…
Economic outlook mixed in Netherlands, manufacturing weakens
The Dutch economy showed mixed indicators in November, as consumer sentiment continued to decline, while producer confidence slightly…
Japan’s manufacturing economy closer to stabilisation at 2024 end: S&P
Japan’s manufacturing economy moved closer to stabilisation at the end of this year, amid softer and modest falls…