Australian Prime Minister Anthony Albanese will visit Beijing to meet with the Chinese government’s senior leadership before the end of 2023, in the latest sign of warming relations between the two nations.
Norway’s $1.4 trillion sovereign wealth fund has started winding down its office in Shanghai as Singapore takes over as its hub in Asia.
Poland, Hungary and Slovakia are continuing to push for extending a ban on grain imports from Ukraine until the end of the year, warning of disruptions to their domestic markets, according to people familiar with the issue.
Polish central bank Governor Adam Glapinski will be under pressure to explain a surprisingly steep interest-rate cut, which triggered a zloty selloff and left some economists questioning his commitment to curbing inflation.
China has asked some fertilizer producers to suspend urea exports after domestic prices jumped, a move that’s likely to restrict supplies and boost costs for farmers in key buyers such as India.
Thailand’s sugar output will drop by almost a fifth in the upcoming harvest due to a severe drought, according to the country’s lead industry association, which will further tighten the global market.
Britain’s residential property market slump deepened, with figures from two of the top mortgage lenders indicating home prices falling at the fastest pace since 2009 and warnings of worse to come.
AMEA Power, a Dubai-based renewable-energy company, plans to build a green hydrogen facility in the Kenyan port of Mombasa in what would be a first for the East African country.
Novo Nordisk A/S can capture almost half of the rapidly growing global market for obesity drugs, equating to a sales opportunity worth around $33 billion by 2030, according to JPMorgan Chase & Co.
The Indian rupee steadied even as most emerging Asian currencies fell, with traders citing central bank intervention to avoid adverse headlines ahead of the prestigious Group-of-20 summit in New Delhi this week. Bonds rose.
