IBT Staff Reporter

Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity.

Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost harvests.

Thousands of people queued for cooking gas and petrol in Sri Lanka's commercial capital on Friday and Prime Minister Ranil Wickremesinghe warned of a food shortage as the island nation battles a devastating economic crisis.

China's crude oil imports from top supplier Saudi Arabia soared 38% in April from a year earlier, hitting the highest monthly volume since May 2020, according to Reuters' calculations based on official Chinese customs data.

At 9:30 a.m. every day this week, a soft-spoken official has appeared on North Korean television to report the number of people with fever and new deaths, and to explain measures to stop North Korea's first confirmed COVID-19 outbreak.

Indian federal police have charged 30 people with rioting and other offences after an environmental protest at Vedanta Ltd's copper mine in 2018 turned deadly, with police shooting dead 12 protesters.

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New Zealand's central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when it meets on May 25, making a hike of that magnitude for the first time at successive meetings, a Reuters poll found.

Shares rebounded on Friday after China cut a key lending benchmark to support its economy, though a global equities gauge remained set for its longest weekly losing streak on record amid investor worries about slowing growth and high inflation.

An earlier rally in global stocks fizzled and the dollar strengthened on Friday as investor unease about Federal Reserve policy tightening to clamp down on inflation kindled fears of a slowdown and put risk-off sentiment back in the ascendancy.

The U.S. dollar headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency's breathless 10%, 14-week surge.

The U.S. dollar was headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency's breathless 10%, 14-week surge.

The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the currency's breakneck 10% surge.

The U.S. dollar recouped some of its losses against the euro on Friday, but remained set for its worst weekly performance against the common currency since early February as investors questioned whether the greenback's month-long rally was done.

The U.S. dollar rose against the euro on Friday, as investor unease about the potential economic fallout from Federal Reserve's efforts to squash inflation bubbled to the surface, souring risk sentiment on Wall Street.

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Japan's Quad summit eyes unity on China, if not Ukraine

Jordan's 'Fierce Savage' kicks down martial arts gender constraints

Indonesia will impose a domestic sales requirement for palm oil, to shore up local supplies of cooking oil when the world's biggest producer of the edible oil reopens exports next week, the country's economics minister said on Friday.

Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world's biggest producer of the key edible oil reversed a ban on its export.

'Straight to your soul': Japan's taiko reinvents drum tradition

Bank Indonesia will wait a few more months to raise rates from a record low despite rising inflation and aggressive moves by the U.S.

Hive mind: Tunisia beekeepers abuzz over early warning system

McGregor return to 'Star Wars' inspired by love for 'difficult' prequels

Qatar World Cup marks last dance for Messi and Ronaldo

Prime Minister Scott Morrison crisscrossed Australia in a final day of campaigning, insisting he could still win Saturday's election despite polls pointing to a change of government or hung parliament.

Russia's invasion of Ukraine sets off Latin American fertilizer race

'Andean butcher' victims' remains to be finally laid to rest, decades on