Gold prices waned in demand last week as we expected. This week, we predict strong support will emerge at USD1820 /oz and begin to pick a bottom. The …
Market Insights
Weekly Rubber Report – 27 Jun 2022
Market Fundamentals: Dollar Index (USDX) remains firm and puts a lid on general commodity demand. Last week, Rubber prices declined slightly as Crude …
G7 aiming for $600-billion global infrastructure program —Biden
US President Joe Biden announced Sunday a G7 project to rival China’s formidable Belt and Road Initiative by raising some $600 billion for globa…
The Quad And ASEAN: Where To Next? – Analysis
With their fourth leaders’ meeting in May 2022, the Quad has come a long way since senior officials from Australia, India, Japan and the United States…
Malaysia plans record $18bn subsidy spend in inflation fight
Malaysia is expected to spend 77.3 billion ringgit (US$17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help tempe…
Singapore imports clean power for first time, buying from Laos
Singapore began receiving hydropower from Laos wired through Thailand and Malaysia on Thursday, the city-state’s first renewable electricity imports a…
Michelin fully acquires Indonesian sustainable rubber project
Michelin has become the sole owner of Royal Lestari Utama (RLU), a joint venture with Barito Pacific Group. The tire maker, which previously held 49% …
Padma Bridge opens a new horizon for tourism in Bangladesh
Every year during the off-peak season, Nazrul, whose speciality is fresh fried seafood, tends to scale back his operation and wait until the monsoon i…
How Indonesia’s brief palm oil ban impacted the global food market
Climate change, COVID-19, and conflict in Ukraine have increased the demand for palm oil — and with it, the price. In reaction, the Indonesian governm…
Billionaire Henry Cheng Ventures Into Web3 With Investment Tokens For London Real Estate
Knight Dragon, a London-based property developer owned by Hong Kong’s Henry Cheng, is offering investors a share in the profits of one of Britain’s la…