Palm oil producers kick against Europe’s discriminatory campaign
Small-scale palm oil farmers from Africa and Asia have kicked against Europe’s never-ending anti-palm oil campaign. The farmers, also known as Farmers Unite, launched the Nigeria-based Initiative for Public Policy Analysis (IPPA), which will “be dedicated to fighting dangerous campaigns by Western politicians, the political elite, the media, uncompetitive oilseed producer and European –funded NGOs…
Bank offers $4b financing in new investment criteria
Emerging rich consumers in Nigeria have been assessed to have plans to start a business, as a way to increase their wealth, more than observed in any other market, the Standard Chartered, in a new study, said. The Emerging Affluent Study 2018, titled "Climbing the Prosperity Ladder", examines the views of 11,000 emerging affluent consumers,…
Indonesia announces surprise bid for 2032 Olympics
Indonesia unveiled surprise plans to bid for the 2032 Olympics on Saturday as it rides high from its successful staging of the Asian Games. President Joko Widodo revealed Indonesia's intentions after talks with Olympics chief Thomas Bach and Sheikh Ahmad Al-Fahad Al-Sabah, head of the Olympic Council of Asia. The announcement came on the penultimate…
Over 1,200 people killed in South Asia monsoon
More than 1,200 people have been killed across South Asia in monsoon storms so far this year, according to figures collected by AFP as India counts the rising toll from floods that have devastated southern Kerala state.
Asian markets fall in line with Wall Street as tech firms take a hit
Asian markets mostly fell Friday as investors struggled to maintain the previous day's positive momentum following losses on Wall Street, with technology firms tracking a sharp fall in Apple. While worries about the Syrian crisis and a potential China-US trade war keep dealers on edge, focus has for now moved to the corporate arena as…
Dollar, equities stutter in Asia after Trump rally
The dollar dipped on Thursday in Asia as investors brushed off another record Wall Street close and upbeat US data while the rally in stock markets stuttered.
Zika likely to spread in Asia Pacific
The Zika virus is set to spread through Asia, the World Health Organization warned Monday, with hundreds of cases reported in Singapore and two Thai babies diagnosed with Zika-linked microcephaly.