Local white rice production to recover within a month, says Mat Sabu
The agriculture and food security minister says several measures have been taken through the Special Local White Rice Programme.
Global factories struggle for momentum amid patchy demand
Sluggish global demand deepened the decline in manufacturing activity across Europe and the US and remained a major challenge for many of Asia's big exporters, reports show.
US says Chinese invasion halting Taiwan chip production would be a global economic blow
A Chinese invasion of Taiwan could potentially wipe out up to RM4.5 trillion per year from the global economy per year in the first few years.
India's sugar output could fall to 32.8 million tonnes, trade body says
Lower sugar output could limit exports from the world's second-biggest exporter, lifting global prices, and allowing rivals Brazil and Thailand to boost their shipments.
Indian sugar prices climb as production drops amid record demand
Higher local prices will improve the margins of sugar makers, helping them make cane payments on time to farmers, dealers say.
China's factory activity stuns with fastest growth in a decade
The world's second-largest economy recorded one of its worst years in nearly half a century in 2022 due to strict Covid lockdowns and subsequent widespread infections.
India invokes emergency law to force coal-based power plants to up output
Many of India's power plants that use imported coal have not operated at full capacity recently because they have found it difficult to compete with power generated from cheap domestic coal.
Global factory activity contracts again in January, highlighting fragile recovery
The latest figures come as central bankers gear up for another round of interest rate increases to combat high inflation.
Apple supplier BOE plans new factories in Vietnam, sources say
The plan underscores efforts by firms to lower supply chain exposure to China amid trade and geopolitical tension and production disruption caused by China's Covid-19 containment measures.
Opec+ keeps steady policy amid weakening economy, Russian oil cap
Oil prices have declined since October due to slower Chinese and global growth and higher interest rates, prompting market speculation the group could cut output again.
Saudi denies Opec+ discussing oil output increase
An increase in production would partially reverse the cut of two million barrels per day announced by the bloc in October.
Apple warns of lower iPhone shipments as Covid curbs hobble China plant
Demand for smartphones assembled at Foxconn's Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered by consumer spending cutbacks amid surging inflation and interest rates.
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