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Black Sea ships carrying grain hit insurance obstacle
The risk of bombing has made it virtually impossible to insure ships leaving Ukraine via the Black Sea, leaving the sector to find an alternative route, especially for grain. Ports along this alternative route are also under attack from Russians, according to Frederic Denefle, head of Garex, a French company specialised in marine risk insurance.
Russia upends global grain trade
Russia has cemented its position as the world's top grain exporter with the help of a bumper harvest and cut-rate prices while its war in Ukraine has upended the market. He has also kept grain prices low to gain a competitive edge over other exporting nations and offered special prices to Egypt, which has also been a buyer of Ukrainian wheat.
China's Country Garden narrowly avoids default: Bloomberg
Struggling Chinese developer Country Garden has made multi-million-dollar interest payments on two outstanding loans, reports said Tuesday, narrowly avoiding what would have been its first default. Country Garden told AFP it had no comment on the repayment, which was also reported by Chinese media.
G20 per capita coal emissions growing: research
G20 per capita coal emissions continue to rise despite climate pledges and transition efforts by some members of the group of major economies, new research showed Tuesday. Between 2015 and 2022, per capita G20 coal emissions rose nine percent, according to the research published Tuesday by Ember, an energy thinktank that pushes for renewable power.
Stocks down as traders await more China economic support measures
Equities fell Tuesday, with traders unable to build on the previous day's rally as they await fresh measures out of China to stimulate the economy and support the creaking property market. "This suggests the potential for a sustained rally in both Hong Kong and mainland Chinese equity markets in the near term."
eExtra's Ramo (new Tukwood novella) cast, plot summary, full story, episodes
eExtra's Ramo is a new Tukwood novella that any entertainment lover will love to watch. It addresses love, class, revenge, violence, and family themes. Read on.
Qantas boss retiring two months early
Embattled Qantas chief executive Alan Joyce is retiring two months earlier than planned, the Australian airline said Tuesday, with Vanessa Hudson taking over as the carrier's first female boss.
Everything about Scooter Braun's ex-wife, Yael Cohen Braun
Yael Cohen Braun is a Canadian entrepreneur and philanthropist. She was married to Scooter Braun from 2014 to 2022. Find out what happened with Yael and Braun.
Prince Kaybee shares shaved beard picture on social media, netizens throw jabs at his new look
DJ Prince Kaybee has spotted a new look, a shaved beard as he prepares for summer. Netizens roasted his clean face, throwing jabs at his saucy video scandal.
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