Business Recorder

Australia, NZ dollars buffeted by geopolitics, mixed data

SYDNEY: The Australian and New Zealand dollars fell on Tuesday as a lack of clear progress in Middle East peace talks weighed on risk assets, while domestic economic news was too mixed to offer much impetus. The Aussie dipped to $0.7157, after eas…

#InternalConflict

Business Recorder

Indonesia May inflation picks up to 3.08% y/y

JAKARTA: Indonesia’s annual inflation rate quickened to 3.08% in May from 2.42% the previous month, data showed on Tuesday, lifted closer to the top end of the central bank’s target range by rising prices of food and transport. The figure was slig…

#Economy

Business Recorder

Indian bonds steady as US-Iran tensions linger; RBI policy review due Friday

MUMBAI: Indian government bonds were little changed early on Tuesday as caution ahead of the RBI’s policy decision later in the week and lingering US-Iran tensions kept investors on the sidelines. The yield on the benchmark 6.48% 2035 note was at …

#IndiaEconomy #RBI #IranUSConflict

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