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REUTERS 2023-08-10T09:11:04+00:00

Palm oil demand boosted as rival oil prices jump on supply woes

Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils due to production concerns in the U.S. and supply disruptions from the Black Sea region, industry officials said.

REUTERS 2021-01-14T06:24:46.924000+00:00

What's behind varying efficacy data for Sinovac's COVID-19 vaccine?

New efficacy data from Brazil on Sinovac's COVID-19 vaccine, for which there are now four widely different success rates, raised more questions than answers, as many developing countries pin their hopes on the CoronaVac to end the pandemic.

REUTERS 2021-07-27T05:33:51+00:00

Indonesia's COVID-19 crisis to test fiscal discipline commitment

Indonesia's worsening COVID-19 crisis is raising pressure on the government to lift spending and widen the budget deficit, even as rating agencies warn any loosening of the country's hard-won fiscal discipline could bode ill for its credit ratings.

REUTERS 2026-02-13T08:55:24.241000+00:00

Indonesia's economic growth to exceed target in 2026, president says

Indonesia's president said on Friday that the country's economic growth is real and will this year surpass its target, adding that business players have acknowledged the benefits of his free meals programme in boosting consumption.

REUTERS 2021-07-06T04:30:21+00:00

Gojek-backed Bank Jago aims to leverage tech giant's data

Indonesia's Bank Jago (ARTO.JK) aims to crunch transaction data supplied by local technology giants to create customer profiles and market financial products, as the digital lender targets profitability this year, its chief executive told Reuters.

REUTERS 2022-02-25T06:26:07+00:00

India stops buying sunoil as Ukraine conflict maroons shipments -dealers

About 380,000 tonnes of sunflower oil shipments from the Black sea region to India are stuck at ports and with producers, and new purchases have stalled after ports suspended operations following Russia's invasion of Ukraine, four dealers told Reuters.

REUTERS 2023-09-04T06:49:59+00:00

Palm oil buying lifts India's August edible oil imports to record

India's edible oil imports in August rose 5% to a record 1.85 million metric tons as refiners purchased more than 1 million tons of palm oil for the second consecutive month to build stocks for upcoming festivals, four dealers told Reuters.

REUTERS 2022-01-21T04:33:23+00:00

S.Korea, Taiwan lead Asia stock lower after Wall Street's tumble

South Korea and Taiwan led falls in most of Asia's emerging stock markets on Friday after U.S. stocks took a hit overnight, while fears that the Federal Reserve may tighten policy more aggressively kept a lid on currencies in Asia.

REUTERS 2024-12-26T13:22:00+00:00

Thousands mark 20 years after deadly Indian Ocean tsunami

Survivors and families of victims visited mass graves, lit candles and comforted one another across Southeast and South Asia in ceremonies to mark the disaster that killed some 230,000 people.

REUTERS 2022-06-02T08:47:17+00:00

India's top e-recycler Attero to spend $1 bln to expand as EVs take off

India's largest electronics recycling firm Attero Recycling will spend $1 billion in the next five years and add plants in Poland, Ohio and Indonesia starting this year, its CEO told Reuters, aiming to tap into a global boom for electric vehicles.