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India soybean crop rebounds from decade low on monsoon boost

  Tokyo / AFP India’s soybean output may rebound from an 11-year low as ample rain and sunshine boosts crop development, according to the Soybean Processors Association of India. Production may top the 6.93 million metric tons harvested in 2015-16 if current favorable weather continues next month, Chairman Davish Jain said by phone from Indore. That was the smallest crop ...

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Indonesia palm exports at three-month high

  Jakarta / Bloomberg Palm oil shipments from Indonesia, the world’s largest grower, probably rose to the highest level in three months in July after buyers from China to India boosted purchases. Exports of palm and kernel oils climbed 6.7 percent to 1.9 million metric tons, according to the median of seven estimates from analysts and plantation executives compiled by ...

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China creates new economy gauges of innovation

  Beijing / Bloomberg China is adding new instruments to its economic dashboard that will incorporate big data to help better track innovation and entrepreneurship in the new economy. Three indicators tracking innovation, entrepreneurship and the new economy are rolling out this year to gauge output in those fast-moving, category-bending and hard-to-measure sectors. All three will be distilled partly from ...

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