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Federal Reserve meeting minutes: Many participants believed that if inflation failed to continue to decline, it might be necessary to maintain higher interest rates.

2026-08-20

Federal Reserve meeting minutes: Many participants believed that if inflation failed to continue to decline, it might be necessary to maintain higher interest rates.

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2026-08-19

Xiaomi Group (01810.HK) shares rose more than 5% after the earnings report. The company's Q2 revenue was RMB 108.922 billion and adjusted net profit was RMB 6.219 billion.

Xiaomi Group (01810.HK) shares rose more than 5% after the earnings report. The company's Q2 revenue was RMB 108.922 billion and adjusted net profit was RMB 6.219 billion.
2026-08-19

Preliminary shipping data and trade sources show Russia will import nearly 270,000 tons of refined products from Asia in August via ship-to-ship (STS) transfers to ease fuel shortages after Ukrainian strikes damaged its refineries. About one-third of

Preliminary shipping data and trade sources show Russia will import nearly 270,000 tons of refined products from Asia in August via ship-to-ship (STS) transfers to ease fuel shortages after Ukrainian strikes damaged its refineries. About one-third of the volumes reportedly originate in India; the remainder were loaded off Korea and Malaysia. Traders organized STS transfers between tankers, likely to obscure origin and route amid sanctions risk. Vortexa and Kpler data and trade sources show no comparable shipments in July. Two tankers are due to reach Russia’s Far East this week: one loaded at least 40,000 tons of jet fuel via STS near the Johor Strait, said to originate in India; another loaded nearly 30,000 tons of gasoline via STS near Yeosu, South Korea, in early August.
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