Wednesday , 17 December 2025

Recent Posts

Venezuela having trouble findings ships to move oil

Bloomberg Exports of sanction-hit Venezuelan oil now face a new concern: a shortage of vessels willing to transport crude produced by the regime of President Nicolas Maduro. Shipowners are avoiding transporting Venezuelan oil for fear of being sanctioned and losing insurance coverage on their vessels, according to people with knowledge of the situation. The lack of vessels may take a …

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Goldman using JPMorgan’s tactics against it in ETF row

Bloomberg Goldman Sachs Group Inc is throwing everything but the kitchen sink at boosting its share of the $4 trillion US market for exchange-traded funds — even mimicking one of its Wall Street foes. The bank is adopting an approach pioneered by JPMorgan Chase & Co, filing for a line of broad-based index products that could start trading at rock-bottom …

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Vietnam central bank cuts policy rates amid ‘risks’

Bloomberg Vietnam’s central bank cut interest rates for the first time in more than two years to bolster the economy amid rising global risks. The benchmark refinance rate will be lowered to 6 percent from 6.25 percent from September 16, the State Bank of Vietnam (SBV) said on its website. The discount rate and overnight lending rate in the inter-bank market …

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