Seaspan sealed today a USD 500 million financing deal, bringing its financing program to USD 1.5 billion.
What Lyons can bring to the Bank, Asia Infrastructure Forum 2019
Thursday 19 September 2019 – Vol.10 Ed.38.3
Commentary: What Lyons can bring to the Bank
By Chris Papadopoullos in London
Gerard Lyons’ candidacy for governor of the Bank of England may look like a pro-Brexit ploy, a way to sneak Prime Minister Boris Johnson’s optimism into a pessimistic institution. But Lyons – who has never worked in a central bank – would bring some positive qualities. In the light of the Bank’s renewed...
Euronav disclosed it’s IMO 2020 plans, and its share price shot up — but it still trades lower than Frontline
Guarantees hinge on deal with European Commission on aid classification, sources said.
These views are supported by publications such as the Oxford Economics’ Study on the Economic Contribution of the EU shipping industry to the European economy, growth and jobs,
GLOBAL & REGIONAL DAILY
September 18, 2019
Market focus is on the outcome of the FOMC’s two-day policy meeting, which concludes later today. Awaiting the FOMC’s verdict, USTs were firmer across the curve, while the EUR/USD was hovering slightly above the 1.10 handle.
In an effort to tackle tax evasion the government is reportedly contemplating increasing the required amount for the tax-free threshold. The 10-year GGB yield continues its downward path closing at...
The news that S. Korea would downgrade Japan from its trading list follow Japan’s move on removing South Korea from its white list in late August, amid an escalating trade war between the world’s most...
Fed divided ahead of key meeting, Capital Structure Forum 2019
Wednesday 18 September 2019 – Vol.10 Ed.38.2
Commentary: Fed divided ahead of key meeting
By Mark Sobel in Washington
The Federal Open Market Committee meeting on 18 September will probably result in a 25 basis point cut in the federal funds rate. The relevant question is what the Federal Reserve signals about the rate outlook beyond this month. Market participants, seeking validation, will focus on the FOMC statement. Uppermost on...
US commerce secretary discloses remaining holding in Starboard Recovery Associates.
What the report found
Maritime subsidies are related to support for national flags, seafarer employment, the competitiveness of maritime clusters, promoting high quality...