After a three-week suspension, Indonesia permitted palm oil exports to resume on Monday, but shipments were not anticipated to begin until new guidelines aimed at assuring domestic supply of the

The government of Indonesia announced earlier this week that it will reimpose a domestic sales restriction for palm oil, a day after the world’s largest producer of the key edible

A senior HSBC banker in charge of sustainable investments claimed in statements that prompted fire from climate campaigners that central bank policymakers and other world authorities are misrepresenting the financial

A draft declaration showed that the Group of Seven finance leaders agreed on Thursday to provide $18.4 billion to help Ukraine pay its debts in the coming months, and that

For the first time in seven years, Japan’s core consumer inflation surpassed the central bank’s target of 2 per cent in April, but only due to growing import costs, not

Last month, inflation in the United Kingdom reached its highest annual rate since 1982, forcing finance minister Rishi Sunak to provide additional assistance to people and the Bank of England

There was a more than predicted expansion of factory output in the United States in April driven by the ongoing high demand for automobiles and other items, which should support

China has released poor economic data for April, highlighting the country’s enormous damage caused by Covid lockdowns. Retail sales and industry production in the world’s second largest economy fell dramatically

Cryptocurrencies suffered significant losses on Friday, with bitcoin trading at $30,000 and on track for a record losing streak due to the collapse of TerraUSD, a so-called stablecoin. Concerns about

Even with lower output from sanctions-hit Russia, the world will not run out of oil, the International Energy Agency (IEA) declared on Thursday, in a U-turn from its March prediction

On Thursday, the collapse of TerraUSD, one of the world’s largest stablecoins, sent shockwaves across cryptocurrency markets, plunging Tether below its dollar peg and driving bitcoin to 16-month lows. Cryptocurrencies

According to a report published by the news agency Reuters based on source information, German officials are secretly developing an emergency package for any sudden halt in Russian gas supply,

For the first time, shipments of Russian oil and gas via Ukraine have been blocked since the start of the Russian invasion of Ukraine. That has resulted in Russian gas

Russian President Vladimir Putin established an international payments working committee, tasked with determining terms for transactions with “unfriendly” countries. Putin warned in March that Russia, the world’s largest natural gas

Corporate growth projections for the current quarter and 2022 are mainly dropping as oil and other supply costs rise and interest rates rise, as first-quarter results near their end. High

According to data released on Thursday, Turkey’s annual inflation hit a two-decade high of 69.97 per cent in April, fueled by the Russia-Ukraine conflict and soaring energy and commodity prices

In its heaviest measures yet to penalize Moscow for its invasion of Ukraine, the European Union’s chief executive recommended a progressive oil embargo on Russia, as well as penalties on

The United States’ economy unexpectedly dropped in the first quarter, owing to a return in COVID-19 infections and a dip in government pandemic assistance funds, although the drop in output

Rajensingh Pawar, an Indian farmer, is selling his new wheat crop to private merchants rather than the state stockpiler for the first time in almost a decade, as a worldwide

According to an official, Saudi Arabia is aiming for a tenfold rise in foreign airline passengers crossing the country by the end of the decade in order to triple yearly

With increasing costs of raw material force it to focus on maintaining a economic recovery that is still fragile, the Bank of Japan is expected to retain ultra-low interest rates

Steel tycoon James Brand speaks above the sound of metal being poured into a foundry furnace, explaining how rising expenses have forced him to hike his rates by 70 per

Christine Lagarde, President of the European Central Bank has urged officials to hold off on expressing dissenting views on decisions for many days, a practise opponents say stymies their ability

In March, Japan’s trade imbalance was more than four times larger than market expectations, as China-bound exports slowed abruptly and rising energy costs upped the cost of imports, compounding the

The International Monetary Fund said talks with Sri Lanka about a possible IMF loan programme are still in the early stages, and any agreement would require “sufficient indications” that the

The International Monetary Fund lowered its prediction for global economic growth by almost a full percentage point on Tuesday, because of Russia’s invasion of Ukraine, while also issuing a warning

The Russian invasion of Ukraine has forced the World Bank to lower its prediction for global growth for 2022 by nearly a half a percentage point, to 3.2 per cent

According to first quarter filings and experts, the future for banks’ home lending portfolios is bleak, with rising interest rates scaring away would-be mortgage consumers. According to data from the

The third consecutive monthly increase in U.S. factory activity was fueled by a dramatic comeback in automobile output in March, possibly hinting that the worst of the production troubles that

The worsening bottlenecks in global supply chains and increasing rates of inflation resulting from the Russian war in Ukraine prompted the World Bank to slash cut its economic growth prediction