News

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Rice prices soar, fanning fears of food inflation spike in Asia

Rice prices soar, fanning fears of food inflation spike...

A confluence of factors is stoking fears that shortage of rice supplies could mark...

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Global onion prices could be set to rise with India slapping an export tax on domestic production

Global onion prices could be set to rise with India slapping...

India has slapped a 40% export tax on onions on the back of higher domestic prices...

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Srettha Thavisin elected Thailand's new prime minister after months of political deadlock

Srettha Thavisin elected Thailand's new prime minister...

Thailand has been administered by a caretaker government since March, with its parliament...

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Biden heads to Maui, where 850 people are still missing after catastrophic Hawaii wildfires

Biden heads to Maui, where 850 people are still missing...

The president's initial response to the devastating wildfires drew criticism from...

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Europe's Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here's what's going on

Europe's Stripe rival Adyen saw $20 billion wiped off its...

Adyen said that many of its North American customers are cutting back on costs to...

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Automaker Stellantis has discussed moving pickup truck production from the U.S. to Mexico, union leader says

Automaker Stellantis has discussed moving pickup truck...

Stellantis has threatened to move production of the current Ram 1500 pickup truck...

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3 trends are dividing restaurant companies into winners and losers

3 trends are dividing restaurant companies into winners...

While most restaurant companies crushed earnings expectations, a number of them...

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Major shipping routes are struggling with water shortages. El Niño could make it worse

Major shipping routes are struggling with water shortages....

An increasing incidence of climate-driven extreme weather events is taking its toll...

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Malaysia PM vows to recover Goldman Sachs 1MDB settlement, warns of possible lawsuits

Malaysia PM vows to recover Goldman Sachs 1MDB settlement,...

Goldman Sachs bankers were accused of helping a Malaysian financier plunder billions...

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China's central bank trims 1-year rate, but unexpectedly leaves 5-year rate unchanged

China's central bank trims 1-year rate, but unexpectedly...

Most household and corporate loans in China are based on the PBOC's one-year loan...