Japan Eyes Bigger GPIF Investment in Domestic Assets as BOJ Independence Concerns Grow 
China Inflation Cools in June as Producer Prices Hit Four-Year High 
Dollar Slips as Oil Prices Ease, Fed Rate Outlook Remains Uncertain 
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion 
Fed Chair Kevin Warsh Launches Task Forces to Overhaul U.S. Monetary Policy Framework 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus 
Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations 
Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious 
Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets 
Japan Wholesale Inflation Jumps as Energy Shock Drives Import Costs Higher 
Oil Prices Slip but Stay on Track for Weekly Gains as U.S.-Iran Conflict Persists 
Japanese Yen Rises as Pension Fund Plan and BOJ Rate Hike Bets Weigh on Dollar 
The container ships on order rose by 23 to 201 last week, the biggest weekly gain in two years, boosting the outlook for Asian shipyards.
Some of the world’s largest container-shipping lines are ordering new vessels to address surging demand for ocean-cargo services.
Such ships globally transport about 80 percent of goods.
ZIM Integrated Shipping Services Ltd., an Israeli company that went public in late January, and Taiwan’s Evergreen Marine Corp. have announced recent purchases or chartering deals.
The 2016 bankruptcy of South Korea’s Hanjin Shipping disrupted supply chains for weeks and made it tougher to secure longer-term financing to purchase ships.
But the pandemic led to a surge in online demand for goods that allowed the carriers to charge rates up to four times higher for freight across the Pacific than a year ago.
Denmark’s A.P. Moller-Maersk A/S, the world's number one container shipping company, predicted last week that global container demand will increase 3 to 5 percent this year.
Orders for new container ships have increased by 115 since early October, equivalent to a new container capacity of over 1.1 million 20-foot equivalent units, or TEUs. It raised the total capacity order to about 2.7 million TEUs.
Shipping lines have ordered 21 vessels from South Korean shipyards since the start of the year. Some will be powered by liquefied natural gas in compliance with new international pollution standards.
Chinese shipyards have also benefitted.
