Bloomberg Government officials in China, the world’s biggest consumer and producer of rice, called on citizens not to hoard the grain after a recent ban on new export sales by Vietnam sparked concerns over global supplies. The country holds sufficient rice and wheat stockpiles for one year of consumption, while imports of the cereals are only about 2% of domestic ...

Bloomberg Hong Kong could take six months to reverse the economic effects of the novel coronavirus pandemic, financial secretary Paul Chan said, adding that the government will offer “comprehensive” aid to protect businesses and jobs across all industries as the outbreak’s impact spreads through the economy. The retail and tourism sectors were initially among the hardest hit by the pandemic ...

Bloomberg In just a matter of weeks, Ryan Sitton went from being a lame-duck commissioner of an obscure Texas agency to one of the key figures in a global effort to save the oil market from plummeting prices. Sitton, a Republican who lost the primary election for his own seat on the Texas Railroad Commission just one month ago, said ...