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SHARM EL-SHEIKH, Egypt (Reuters) – Pakistan, Ghana and Bangladesh will be among the first recipients of funding from a G7 ‘Global Shield’ initiative to provide funding to countries suffering climate disasters, the programme announced on Monday at the COP27 summit in Egypt. The Global Shield, coordinated by G7 president Germany, aims to provide rapid access …

Pakistan will be among first to receive G7 ‘Global Shield’ climate funding Read More »

BEIJING (Reuters) – China said on Monday the country is helping Cambodia upgrade its naval base, foreign ministry spokeswoman Mao Ning said on Monday. “It is a normal exchange,” Mao Ning told a regular media briefing. U.S. President Joe Biden on Saturday raised concerns with the leader of Cambodia about Chinese activity at its Ream …

China ‘helping’ Cambodia with naval base upgrade – foreign ministry Read More »

NUSA DUA, Indonesia (Reuters) – Chinese President Xi Jinping on Monday arrived in the Indonesian resort island of Bali to attend the G20 leaders’ summit, which officially kicks of on Tuesday. Xi is due to meet with U.S. President Joe Biden later on Monday. (Reporting by Fransiska Nangoy; Editing by Kanupriya Kapoor)

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s palm oil board on Monday warned of a tough 2023 for the market for the world’s most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year. The edible oils market has grappled with …

Malaysia warns uncertainties, volatility in palm oil market to persist in 2023 Read More »

By Kate Lamb (Reuters) – Group of 20 leaders meet on Tuesday under very different circumstances than those host Indonesia envisioned when it began planning the summit last year, with Russia’s invasion of Ukraine hanging over proceedings even in the absence of Russia’s leader. Indonesia, the world’s fourth-most populous country and Southeast Asia’s largest economy, …

For host Indonesia, a G20 summit dogged by Russia-Ukraine rancour Read More »

By Nandita Bose PHNOM PENH (Reuters) -The United States, Japan and South Korea are “more aligned than ever” on North Korea’s “provocative behaviour,” U.S. President Joe Biden said on Sunday, as his national security adviser promised a joint response if Pyongyang carries out a seventh nuclear test. Speaking in Cambodia after a trilateral meeting with …

Biden says U.S., Japan, S.Korea are ‘more aligned than ever’ on North Korea Read More »