Iron ore shipments set for slower growth this year amid mixed signals from China
by TradeWinds
TradeWinds— Global growth in iron ore shipments will slow this year because of declining Chinese steel production, but the capesize market should remain...
uawire.org—China cuts key equipment shipments to Russia amid sanctions threat. China has drastically cut its direct shipments of equipment to Russia, including machinery, components, and electrical gear, in response to threats of new sanctions from Western countries, reports the Russian news agency RBC. According to information from Chinese customs, in March this year, China's exports of these categories of goods to Russia plummeted by 15% compared with the same period last year, amounting to $2.9 billion. China's total exports to Russia also declined by 14.2%...
Yahoo Finance—Apple set to report earnings amid headwinds in China and a sluggish stock price. Even though Apple has silenced critics and beaten existential crises before, some fans of its minimalist products and investors in its maximalist stock are nervous.
Kiplinger—Stock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices. Disappointing readings on GDP and inflation helped tank equities.