Commodities, Business & Shipping

[searcher]

South Korea's HD Hyundai Heavy in Talks to Buy US Shipyard

South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.

gcaptain.com

 

[searcher]

COSCO pledges stable transpac coverage as US fee regime nears - Splash247

With less than four weeks until the US hikes port fees for China-linked tonnage, COSCO, the world’s fourth largest containerline, has moved to reassure clients it will maintain a stable coverage on the transpacific. COSCO conceded in a note to clients that the new fees from the US Trade...

splash247.com

 

[searcher]

Stocks grind higher, DXY trims earlier gain, and bonds steady post-FOMC - Newsquawk US market open | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[searcher]

Morning Bid: Wall St rallies after post-Fed hesitation​

By Mike Dolan, Editor-At-Large, Finance and Markets

U.S. markets stumbled on Wednesday after the Federal Reserve delivered its expected first interest rate cut of the year, but stock futures roared back ahead of Thursday's bell as further cautious easing was signaled by the central bank.

The dollar and Treasuries flipped back and forth on the decision, with the greenback plunging to a multi-year low before rebounding sharply as Fed Chair Jerome Powell stressed a risk-management approach to further cuts. Even though the median of Fed policymaker projections is now two more cuts this year and another next, the split of views showed a third of them wanted no more easing in 2025 and almost half just expect one more cut or none. Powell's comments highlighted that divergence and suggested the last two meetings of the year would be close calls.

More:

https://finance.yahoo.com/news/morning-bid-wall-st-rallies-103915011.html