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Global food prices in 2022 hit record high amid drought, war

ROME: According to the U.N. Food and Agriculture Organization, global prices for food commodities such as grains and vegetable oils reached their highest levels...

US to send $3.75B in military aid to Ukraine, its neighbors

WASHINGTON: As Russia’s invasion of Ukraine continues, the United States will provide $3.75 billion in military supplies and other aid. To Ukraine and its...

EU approves new sanctions against Russia over Ukraine war

BRUSSELS: The European Union announced on Thursday that it had agreed on a fresh round of sanctions meant to increase the pressure on Russia...

EU eyes Russian officials, banks, industry for sanctions.

BRUSSELS: As part of a fresh wave of sanctions meant to increase pressure on Moscow over its involvement in the crisis in Ukraine. The...

Oil prices climb after Opec+ keeps output cut targets, China eases Covid curbs

As a result of OPEC+ countries maintaining their output objectives in advance of a European Union ban. The start of a price restriction on...
Boustead Plantations expects continued volatility in palm oil prices

Boustead Plantations expects continued volatility in palm oil prices

KUALA LUMPUR: Boustead Plantations Bhd stated that due to high stock levels in Malaysia and Indonesia, palm oil prices are projected to be highly...

Asia-Pacific leaders condemn war, renew calls for open trade

Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...

WTO warns of ‘real’ recession risk in some major economies

Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...

Biden approves $800M in new military assistance for Ukraine

WASHINGTON USA: In anticipation of a new Russian offensive in eastern Ukraine, President Joe Biden approved an $800 million package of military assistance. Including...

Finland, Sweden move ahead toward possible NATO membership

HELSINKI Finland: European Union nations Finland and Sweden reached important stages. On their way to possible NATO membership. As the Finnish government issued a...
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