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BUSINESS

Asia rice output turns corner as farmers expand planting

Reuters, Published on 09/05/2023

» SINGAPORE: Asia's rice output is set to climb this year as higher prices spur farmers to expand acreage and use more fertiliser, easing supply concerns after production suffered its first decline in seven years in 2022.

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BUSINESS

Asian currencies, stocks fall on SVB contagion fears

Reuters, Published on 14/03/2023

» SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.

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BUSINESS

Headline CPI up 5.89%, in line with forecast

Reuters, Published on 05/01/2023

» Thailand's headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday.

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BUSINESS

No immediate surge of Chinese tourists expected after re-opening

Reuters, Published on 27/12/2022

» SHANGHAI: China's relaxation of Covid-19 rules for international arrivals has raised hopes that its multi-billion-dollar travel business will soon flourish again but countries longing for the return of Chinese tourists will likely face more of a wait.

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BUSINESS

Nations seek aviation climate pact despite global tensions

Reuters, Published on 27/09/2022

» MONTREAL/PARIS: A United Nations (UN) body has begun global talks to hammer out a consensus on reducing airline emissions in the face of lingering discord over climate change and the impact of war in Ukraine.

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BUSINESS

China Evergrande faces winding-up lawsuit in Hong Kong

Reuters, Published on 27/06/2022

» HONG KONG: A winding-up petition has been filed against giant property developer China Evergrande Group at the Hong Kong high court, the judiciary's website showed.

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BUSINESS

Asian markets join global rally, oil rebounds from plunge

Reuters, Published on 10/03/2022

» Asian equities rallied Thursday following a strong bounce on Wall Street and a breathtaking surge in Europe sparked by a plunge in oil prices and bargain-buying following a Ukraine-fuelled rout.

BUSINESS

Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply

Reuters, Published on 01/03/2022

» MUMBAI:- Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia's invasion of Ukraine.

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BUSINESS

Malaysian firms facing US bans over forced labour summoned by ministry

Reuters, Published on 30/01/2022

» KUALA LUMPUR: Malaysia's Human Resources Ministry said on Sunday it would call in all companies facing US import bans over suspected forced labour practices to discuss immediate action to address the allegations.

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BUSINESS

Baht at 2-week low

Reuters, Published on 07/01/2022

» The Thai baht slipped for a second session on Friday to its lowest in two weeks, leading declines along with the Philippine peso as pressures from an increasingly hawkish United States Federal Reserve weighed on risk-sensitive Asian markets.