Indonesia’s palm oil export ban seen short-lived on limited storage

Indonesia is now holding around 5 million tons of palm oil stocks, and the country’s storage capacity of around 6 million to 7 million tons is estimated to be full by the end of May Indonesia’s ban on palm oil exports is unlikely to last more than a month as Jakarta has limited infrastructure to … Read more

Russian stock market plans limited reopening, some brokerages warn of losses

Russian stocks last traded on the Moscow Exchange on February 25. Limited reopening is set for Thursday, March 24. The Russian central bank said on Wednesday, March 23, that some stock market trading would resume on Thursday, March 24, after a near monthlong hiatus, with 33 securities to be traded on the Moscow Exchange for … Read more

Russia announces limited ceasefire in Ukraine to allow evacuations but continues broad offensive

Russia said its forces had stopped firing near two Ukrainian cities on Saturday, March 5, to allow safe passage to civilians fleeing fighting, but was continuing its broad offensive in Ukraine, where the capital Kyiv came under renewed assault. The Russian defense ministry said its units had opened humanitarian corridors near the cities of Mariupol … Read more