Page 2 - காஸ்கோ கப்பல் போக்குவரத்து ஹோல்டிங்ஸ் இணை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Cosco Shipping Shares Soar on Likely First-Quarter Profit Surge
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The Day - Ships larger than three soccer fields show why Suez is blocked - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.
Synopsis
In the U.S., the volume of imported goods accounts for about 12% of gross domestic product and most arrive by sea.
iStock
At this stage, though, many economists remain sanguine on the inflation threat and don’t expect shipping costs to materially dent shopping baskets in the U.S. and Europe.
An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers to scramble for cheaper solutions.
Exporters, importers and their agents are considering buying their own shipping containers and chartering vessels to avoid the sky-high costs and delays of existing services. Most of the 25 million containers in global use are owned or leased by about a dozen ocean carriers including Copenhagen-based A.P. Moller-Maersk A/S and China’s Cosco Shipping Holdings Co.
Provided by Dow Jones
By Chong Koh Ping International stocks retreated Thursday, after concerns about Covid-19 vaccine distribution helped push major U.S. indexes to their steepest one-day falls since October, and sent a measure of expected volatility soaring. Hong Kong s Hang Seng Index pulled back 2.5%. South Korea s Kospi Composite, Australia s S&P/ASX 200 and Japan s Nikkei 225 fell between 1.5 and 1.9%. S&P 500 and Nasdaq-100 futures shed 0.4% and 0.7%, respectively. In another sign of rising risk aversion, the yield on the 10-year U.S. Treasury note dropped below 1% for the first time since Jan. 6, falling to as low as 0.998%, according to Tradeweb, before regaining some ground. Bond yields fall as prices rise.
Provided by Dow Jones
By Chong Koh Ping International stocks retreated Thursday, after concerns about Covid-19 vaccine distribution helped push major U.S. indexes to their steepest one-day falls since October, and sent a measure of expect volatility soaring. By early afternoon in Hong Kong, the city s Hang Seng Index was 2.3% lower. South Korea s Kospi Composite, Australia s S&P/ASX 200 and Japan s Nikkei 225 fell between 1.5 and 1.9%. S&P 500 and Nasdaq-100 futures shed 0.4% and 0.6% respectively. In another sign of rising risk aversion, the yield on the 10-year U.S. Treasury note dropped below 1% for the first time since Jan. 6, falling to as low as 0.998%, according to Tradeweb. Bond yields fall as prices rise.
vimarsana © 2020. All Rights Reserved.