Bloomberg Traveloka, Southeast Asia’s biggest online travel startup, is close to raising fresh funds at a private-market valuation of about $2.75 billion — roughly 17% less than its most recent fundraising, according to people familiar with the matter. The Jakarta-based firm is in advanced negotiations with new strategic investors such as Siam Commercial Bank Pcl and Richard Li’s FWD Group ...

Bloomberg Taiwan’s exports fell for a fourth straight month in June as officials warned global demand may struggle to recover in the face of a resurgent worldwide coronavirus outbreak and continuing trade tensions between the US and China. Overseas shipments from Taiwan fell 3.8% last month, according to a statement from Taiwan’s Ministry of Finance. That compares to the median ...

Bloomberg Palm oil imports by India climbed to a five-month high in June as traders and refiners in the world’s biggest buyer increased purchases to replenish stockpiles. Inbound shipments increased 45.5% from a month earlier to 562,932 tons, the Solvent Extractors’ Association of India said in an emailed statement. Purchases were 686,886 tons in June 2019. A surge in palm ...