Daily Overview of Global Markets & the SEE Region (Tuesday, 21 May, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, 21 May, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:  Asian bourses posted modest gains today after the US administration temporarily eased trade restrictions imposed last week on China’s Huawei, the world’s largest telecommunications equipment maker. On the flip side, European equity markets opened in positive territory earlier today, but gains were limited on the back of lingering worries over whether a...

https://www.allaboutshipping.co.uk/2019/05/21/daily-overview-of-global-markets-the-see-region-tuesday-21-may-2019/

Renminbi ‘weaponisation’ talk overblown, OMFIF-Oesterreichische Nationalbank meeting

Renminbi ‘weaponisation’ talk overblown, OMFIF-Oesterreichische Nationalbank meeting

Commentary: Renminbi ‘weaponisation’ talk overblown

By Mark Sobel in Washington

A media furore has flared over whether China will dump US Treasury holdings or ‘weaponise’ the renminbi. The debate is entertaining, but misses the mark. In spite of much rumour and conjecture, in the past China has consistently neither acted to ‘dump’ or ‘weaponise’ its Treasuries, nor shown interest in doing so. Instability is...

https://www.allaboutshipping.co.uk/2019/05/21/renminbi-weaponisation-talk-overblown-omfif-oesterreichische-nationalbank-meeting/

3DMSI scans the horizon and identifies a great opportunity

The 3DMSI laser scanner at work in Falmouth Dry Dock

3DMSI scans the horizon and identifies a great opportunity

Imagine there was a technology that could provide a 3D scan of the interior and exterior of a ship, including its systems, and synchronise that with the data provided by the ship’s own onboard sensors. That’s the breakthrough idea which 3DMSI plans to bring to market, with the support of an £80,000 grant from Marine-i.

Part funded by the European Regional Development Fund, Marine-i is...

https://www.allaboutshipping.co.uk/2019/05/20/3dmsi-scans-the-horizon-and-identifies-a-great-opportunity/