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India's May palm oil imports surge to 7-month high despite Indonesia's ban

India's palm oil exports in May were its highest in seven months as the country overcame curbs on Indonesian exports by sourcing more of the commodity from Malaysia, Thailand and Papua New Guinea

Elliott Associates sues LME for $456 mn over nickel trading suspension

Fund manager Elliott Associates sued London Metal Exchange for $456 million following the suspension and cancellation of nickel trades on the platform owned by Hong Kong Exchanges and Clearing Ltd

UK PM Boris Johnson to face no-confidence vote over 'partygate' scandal

Johnson has been under growing pressure after he and staff held alcohol-fuelled parties at the heart of power when Britain was under strict lockdowns to tackle Covid

Brent climbs over $120 per barrel after Saudi Arabia raises crude prices

. Brent crude firmed 68 cents, or 0.6%, to $120.40 a barrel at 0640 GMT after touching an intraday high of $121.95

India's 10-yr bond yield hits 7.5%, highest since 2019 ahead of RBI policy

India's benchmark 10-year bond yield rose to its highest levels since March 2019 in early trade on Monday as investors prepared for around a 50-basis-point rate increase later this week

US to exempt tariffs on solar panels from Southeast Asian nations: Report

Biden will issue a proclamation on Monday that will allow solar panels to be imported to the US from Thailand, Malaysia, Cambodia and Vietnam without risk of tariffs

China May services activity contracts for third straight month: Survey

Analysts say weakness in the services sector, which accounts for about 60% of China's economy and half of urban jobs, is likely to persist under the government's zero-Covid policy

Russia's Rusal files suit against Rio Tinto over alumina refinery: Report

The lawsuit challenges Australia's response to Russia's invasion of Ukraine, which included wide-ranging sanctions against Russian firms and oligarchs who had links with President Vladimir Putin

Russian ministry website appears hacked; users data protected: Report

Hackers were demanding a ransom to prevent the public disclosure of users' data, some reports said

Google to pay Australian politician over defamatory YouTube videos

An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its failure to take down a YouTuber's "relentless, racist, abusive and defamatory campaign

Asia shares brace for US inflation, euro gains on yen on ECB bets

Asian shares made a muted start as caution gripped ahead of a critical reading on US inflation, while the euro gained on the yen amid wagers the ECB will take a major step toward policy tightening

Oil prices jump in early trade after Saudi Arabia hikes crude prices

Oil prices rose more than $2 in early trade after Saudi Arabia raised prices sharply for its crude sales in July

Indonesia issued around 302,000 tonnes of palm oil export permits: Official

Indonesia, the world's biggest palm oil producer, on April 28 halted exports of the oil, which it uses for cooking, in efforts to control soaring prices at home

Rafael Nadal earns 14th French Open title defeating Norwegian Casper Ruud

Tennis ace Rafael Nadal has bagged another title defeating Norwegian Casper Cuud 6-3 6-3 6-0

N.Korea fires missiles, S Korea calls for 'expanded deterrence' with US

South Korea's Joint Chiefs of Staff said that at least eight missiles were fired from the Sunan area of the North Korean capital Pyongyang and they flow between 110 km-600 km

Beijing to allow indoor dining, further easing Covid-19 restrictions

Beijing and the commercial hub Shanghai have been returning to normal in recent days after two months of painful lockdowns to crush outbreaks of the Omicron variant

Musk backtracks on job cuts, says Tesla salaried staff to be 'fairly flat'

Elon Musk said that total headcount will increase over next 12 months, but number of salaried staff should be little changed, backtracking from an email saying that job cuts of 10% were needed

Putin warns West: Russia will hit Ukraine harder if new missiles supplied

Russian President Vladimir Putin issues warnings to western countries for providing new and advanced weaponry to Ukrainian troops to. He threatened to strike back harder if new weaponry was provided

Russian general killed in eastern Ukraine, adding to top ranks' casualties

Russian forces have intensified attacks to capture Sievierodonetsk, a key city in Ukraine's eastern Donbas region that Moscow is targeting after failing to take the capital

Firefighters still working to put out deadly Bangladesh container blaze

The death toll could rise as some of the injured are in a critical condition, said Chittagong civil surgeon Mohammed Elias Hossain.