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Trade curbs on China are changing commodity flows

Bloomberg China’s latest trade figures provide a fresh look at how commodity flows to the world’s largest importer are changing amid restrictions affecting farm to energy products. While the April data, released on Saturday, preceded the recent escalation of the US-China trade war, shifts in shipment trends were already underway, given the rising tensions between the Asian nation and some ...

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Modi’s victory seen weighing on global sugar market

Bloomberg The sugar industry in India, which jostles with Brazil as the world’s top producer, is likely to continue to benefit from significant government support after a landslide victory for PM Narendra Modi. This scenario may weigh on raw sugar futures in New York, which are already near the lowest in about seven months. In his first five-year term, Modi’s ...

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Malaysia in talks with China firms on pipeline projects

Bloomberg Malaysia is in discussions with China-based contractors for compensation relating to pipeline projects worth 9.4 billion ringgit ($2.24 billion). The government is negotiating with China Petroleum Pipeline Engineering Co and Huanqiu Project Management Beijing Co on the total compensation to be paid by Suria Strategic Energy Resources Sdn, which was overseeing the projects, for the termination of the work, ...

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