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Sugar Exports

All articles tagged with #sugar exports

US Considers Imposing New Ban Following Rice Ban
business2 years ago

US Considers Imposing New Ban Following Rice Ban

Speculation is growing about a possible ban on sugar exports from India, which could affect global prices but is unlikely to have a significant impact on the Indian community, especially in countries like the US where Indian-brand sugar is not commonly used. This comes after the recent panic caused by the rice export ban in the US, which had little impact on the Indian community as sufficient stock was already available. While the sugar export ban could elevate food prices, its effect on Indians in the US is projected to be less significant compared to the rice ban.

Asian Stocks Rebound as Investors Analyze Rate Decisions and Rising Yields
finance2 years ago

Asian Stocks Rebound as Investors Analyze Rate Decisions and Rising Yields

Hong Kong stocks led gains in Asia-Pacific markets as investors assessed the rate decisions in South Korea and Indonesia. South Korea's central bank left rates unchanged at 3.5%, while Indonesia is expected to hold its benchmark policy rate steady at 5.75%. Hong Kong's Hang Seng index climbed 2.23%, and mainland Chinese markets also saw gains. In other news, Qantas announced a record profit of $1.6 billion, India is set to ban sugar exports due to lower cane yields, and Morgan Stanley revealed its favorite global stocks to play the artificial intelligence trend.