Striking truckers in Asia threaten to add to supply chain snarls

SINGAPORE (BLOOMBERG) – Truckers are striking against surging diesel prices across Asia’s emerging economies, threatening to add pressure on snarled global supply chains. The latest protest is taking place in Bangladesh, where truck owners and staff have stopped work since…

US Fed announces plan to slow its bond-buying programme

NEW YORK (NYTIMES) – Federal Reserve officials took their first major step towards withdrawing monetary policy support as the economy heals from pandemic disruptions and inflation remains sharply elevated, laying out a plan to slow their asset buying programme. “In…

World's most consumed edible oil also facing supply crunch

KUALA LUMPUR (BLOOMBERG) – Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labour shortage in the second-biggest grower, and the low yields are likely to last through…