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Morning brief: China cuts tariffs; Trump plans Miami speech; HKEX profit soars

Morning brief: China cuts tariffs; Trump plans Miami speech; HKEX profit soars

Global attention remained fixed Wednesday on the evolving relationship between the world’s major powers, with China formally announcing tariff redu...
SovEcon hikes Russia’s 2025-26 wheat export forecast; prices hold firm

SovEcon hikes Russia’s 2025-26 wheat export forecast; prices hold firm

Moscow-based agricultural consultancy SovEcon has significantly increased its projection for Russian wheat exports in the 2025-26 season, raising t...
Why is the crypto market crashing, and will it rebound?

Why is the crypto market crashing, and will it rebound?

The crypto market is crashing today, with Bitcoin and most altcoins being in the red. Bitcoin is in a deep correction after falling by over 15% fro...
Trump and Xi agree to reduce tariffs, stop new trade restrictions on rare earths

Trump and Xi agree to reduce tariffs, stop new trade restrictions on rare earths

Trump announced a new economic and trade agreement with China after meeting Chinese President Xi Jinping in the Republic of Korea. The White House ...
Global demand boosts Russian wheat shipments despite weather challenges

Global demand boosts Russian wheat shipments despite weather challenges

Russian wheat exports are estimated to reach 5.1 million metric tons in October, surpassing last month’s 4.8 mmt and the five-year average of 4.5 m...
SovEcon raises Russia’s 2025 wheat harvest forecast amid record Siberian yields

SovEcon raises Russia’s 2025 wheat harvest forecast amid record Siberian yields

SovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest.  The revised forecast now stands at...
Argentina suspends export taxes on aluminum and steel to boost exports

Argentina suspends export taxes on aluminum and steel to boost exports

Argentina’s government suspended export taxes on aluminium, steel, and their derivatives on Wednesday, a move aimed at boosting competitiveness in ...
Russian wheat sees first price drop since August as strong ruble hits exporters

Russian wheat sees first price drop since August as strong ruble hits exporters

Last week, bids for Russian 12.5% protein wheat at deep-sea ports fell to 16,500–16,800 rubles per metric ton, down from 16,800–17,000 rub/mt the p...
Sugar and dairy drive down FAO global food index, meat prices soar

Sugar and dairy drive down FAO global food index, meat prices soar

Global food commodity prices saw a dip in September, driven by decreases in sugar and dairy prices, even as meat prices reached a new high, the Uni...
Russia’s Siberia and Urals see record wheat yields despite smaller planted area

Russia’s Siberia and Urals see record wheat yields despite smaller planted area

Siberia is experiencing a record-breaking wheat harvest, with average yields reaching 2.7 metric tons per hectare as of September 26, according to ...