Business Recorder

Indonesia’s Jan-April palm oil exports rise 20% y/y to 7.7mn metric tons

JAKARTA: Indonesia exported 7.72 million metric tons of crude and refined palm oil in the first four months of 2026, up 20.38% from the same period a year earlier, statistics bureau data showed on Tuesday. The shipments were valued at $8.22 billio…

#Indonesia #PalmOil #Exports

Business Recorder

Indonesia’s January-April coal export volume falls 6.7% y/y

JAKARTA: Indonesia exported 114.54 million metric tons of coal in the January-to-April period, down 6.70% from the same period a year earlier, statistics bureau data showed on Tuesday. The shipments were worth $7.57 billion. India approves coal ga…

#Indonesia #CoalExport #Economy

Business Recorder

Usman Gul-led Metal secures strategic investment from Rebel Fund

Pakistan-based startup Metal has secured a strategic investment from Rebel Fund, a venture capital firm known for backing high-performing startups emerging from the Y Combinator (YC) ecosystem. Metal founder and CEO Usman Gul, also a founder of Ai…

#UsmanGul #RebelFund #Investment

Business Recorder

Tech shares rise in China, HK; investors evaluate Mideast peace talks

SHANGHAI: Tech shares rose across mainland China and Hong Kong markets on Tuesday, led by gains in Tencent and Meituan, while investors cautiously evaluated Middle East peace talks. By the midday break, China’s tech-focused STAR 50 was up 1.4%, wh…

#TechShares #China #MiddleEastPeaceTalks

Business Recorder

US in talks to expand nuclear weapons deployments in Europe, FT says

The US is discussing whether to deploy nuclear weapons in additional European NATO states, the Financial Times reported on Tuesday. US officials have signaled openness to additional deployments beyond the existing six countries hosting nuclear-cap…

#USPolitics #Europe #NuclearWeapons

Business Recorder

Indonesia rice output in year to July seen down 0.35%

JAKARTA: I ndonesia expects its rice output in the year to July to be 21.95 million metric tons, down 0.35% from a year earlier, data from the statistics bureau showed on Tuesday. In the May-July period, Indonesia’s rice output is expected to reac…

#Indonesia #Agriculture #RiceProduction

Business Recorder

Russian drones, missiles strike Ukraine in major attack; 10 dead, dozens wounded

KYIV: Russian drones and missiles pounded Ukrainian cities such as Kyiv and Dnipro early on Tuesday, killing at least 10 people and wounding about 100, authorities said, following days of warnings about Moscow’s plans for a major assault. Russia h…

#Ukraine

Business Recorder

Buying returns to PSX, benchmark index up nearly 600 points in early trade

A day after massive selling, buying returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 600 points during the opening minutes of trading on Tuesday. At 9:50am, the benchmark index was hovering at 171,157….

#ABHIBank

Business Recorder

Biafo Industries Limited appoints new CEO

Biafo Industries Limited (BIFO) announced on Tuesday key appointments. The development was shared in a notice to the Pakistan Stock Exchange (PSX) today. The company said that Matin Amjad was appointed as the new Chief Executive Officer (CEO) with…

#BiafoIndustries

Business Recorder

Gunman kills six people, then himself, in eastern Iowa, police say

A gunman killed six ​people and ‌himself during a series of ​shootings ​in several locations of ⁠Muscatine, Iowa, ​a waterfront ​city across the Mississippi River from ​Illinois, police ​said. A preliminary investigation into ‌the ⁠gun violence in…

#Iowa #Crime