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Free Fall in Shipping Rates to Devastate Industry
[01 Sep 2009]
A Bloomberg survey by six analysts and fund managers predicts that the rate for leasing capesize vessels will reach as low as $18,000 from its current price of $37,865 per day. It should be recalled t
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Tags: Bloomberg Netherlands BDI
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Swiss Banks Thrive despite Reversals in Client Secrecy
[18 Oct 2010]
Latest report indicates Swiss private banks resisted client secrecy censures by the US, France and Germany to attract more than 50bn francs ($53bn) of assets since the end of 2007. According to data c
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Tags: Swiss UBS Francs Bloomberg Banking
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China Reports Unexpected Trade Deficit as Export Growth Cools
[10 Mar 2011]
China reported an unexpected $7.3 billion trade deficit; the nation’s biggest in seven years, in February after a Lunar New Year holiday disrupted exports.
Outbound shipments rose an annual 2.
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Tags: Commerce Minister David Cohen Bloomberg Seasonal Distortion
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