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Reuters

Bangladesh's rice imports could surge to 2mn tonne
Markets

Bangladesh's rice imports could surge to 2mn tonne

  • Higher imports by Bangladesh, the world's third-biggest rice producer, could lift exports from neighbouring India.
  • The private sector may be given the opportunity to import as much as 1 million tonnes.
Published 05 Jan, 2021 05:11pm
Chinese lawyers involved with HK activists say they face losing licences
World

Chinese lawyers involved with HK activists say they face losing licences

  • The case of the 12, who had all been involved in pro-democracy protests in Hong Kong before they tried to leave for democratic Taiwan.
  • The two mainland-based lawyers said they had received letters on Monday from authorities about the loss of their licences and they had three days to appeal
Published 05 Jan, 2021 05:08pm
Turkey targets tax and price rises to lessen inflationary impact
World

Turkey targets tax and price rises to lessen inflationary impact

  • Inflation ended 2020 above government forecasts at 14.6%, mainly due to a sharp decline in the lira and surging food prices.
  • Bankers said the government, in a departure from previous years, is hiking taxes and prices on items that account for only a small portion of the inflation basket.
Published 05 Jan, 2021 04:59pm
Egypt sends foreign minister to Gulf Arab leaders' summit
World

Egypt sends foreign minister to Gulf Arab leaders' summit

  • Foreign Minister Sameh Shoukry flew to the summit in al-Ula in Saudi Arabia after an announcement that Riyadh would reopen its airspace and sea and land border to Qatar.
  • When the boycott was announced, Egypt and its allies demanded Qatar cut ties with the Muslim Brotherhood, among other demands.
Published 05 Jan, 2021 04:52pm
Polish assets gain as CEE stocks, FX mostly ease
Markets

Polish assets gain as CEE stocks, FX mostly ease

  • Czech bond yields dipped from new highs as markets priced in budget news before the finance ministry announces 2020 deficit figures on Tuesday.
  • The theme of lockdowns in Europe appeared again and it weighed on clothing retailers but today they are bouncing back.
Published 05 Jan, 2021 04:37pm
EU worried about Iran enrichment, aims to save nuclear accord
World

EU worried about Iran enrichment, aims to save nuclear accord

  • We are highly concerned by the measures taken by Iran. This action is in breach of Iran's nuclear commitments and will have serious implications.
  • It is regrettable but it is also highly important and ... that we maintain the agreement.
Published 05 Jan, 2021 04:35pm