India, Japan agreed to further promote financial cooperation
The two countries agreed to work closely as they hold the presidency of G20 and G7 next year.
Russia earns $98 billion from fuel exports in 100 days of Ukraine war
The EU took 61 percent of Russia's fossil fuel exports during the war's first 100 days, worth about 57 billion euros. Top importers included China at 12.6 billion euros, Germany…
Russia to ‘extend helping hand’ to Philippines amid high oil prices: Envoy
“I repeat that in this turbulent period, we are ready to cooperate with the Filipino side and to extend our helping hands to satisfy the needs in sources of energy,” Russian…
India, China growing markets for shunned Russian oil
India has guzzled nearly 60 million barrels of Russian oil in 2022 so far, compared with 12 million barrels in all of 2021, according to commodity data firm Kpler. Shipments to…
WTO reform should keep developing members in mind: Chinese minister
China's Commerce Minister Wang Wentao added reform should promote economic globalization and promote the development of economic globalization in the direction of more openness,…
China ‘strongest partner’ in Philippines’ recovery: Marcos
According to Marcos, he will continue President Rodrigo Duterte’s “independent” foreign policy but he sees future ties between the Philippines and China “developing in…
Ukraine’s Zelensky imposes sanctions on Russia’s Putin and his allies
The sanctioned officials included Putin’s spokesman Dmitry Peskov, Prime Minister Mikhail Mishustin, veteran Foreign Minister Sergei Lavrov, and Defence Minister Sergei Shoigu.
Skyrocketing lumber prices push up costs of homes, furniture
Russia has banned the export of wood chips and veneer — plywood material that is used for house ceilings and walls — to Japan and other countries in retaliation for economic…
EU milled-rice orders shift to Cambodia from Vietnam
According to an industry insider, European Union buyers discovered more agrochemicals in Vietnamese milled rice than safety limits allow, leading to increased orders to Cambodia.
We still suffer despite end of export ban: Palm oil farmers
Indonesian Palm Oil Association secretary-general Eddy Martono said producers were struggling to revive exports even though the government had approved permits for the shipment of…