CommodityFeaturedZimbabwe to introduce gold-backed digital currencyIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 In order to stop the recent significant depreciation of the Zimbabwe dollar on the black market, the RBZ is also thinking about putting more Mosi-oa-Tunya gold coins onto the market... Read more
CommodityFeaturedAmid Ukraine war, Europe reduces petrol demandIFM CorrespondentMarch 31, 2023March 31, 2023 by IFM CorrespondentMarch 31, 2023March 31, 2023 The seven biggest consumers of petrol in the EU — Germany, Italy, France, the Netherlands, Spain, Belgium, and Poland... Read more
CommodityFeaturedHow central banks used gold since the 1990sIFM CorrespondentMarch 30, 2023March 30, 2023 by IFM CorrespondentMarch 30, 2023March 30, 2023 Central banks sold gold on the net in the 1990s and the first part of the 2000s... Read more
CommodityFeaturedRamadan 2023: UAE residents might save up to 70% on groceries despite price riseIFM CorrespondentMarch 27, 2023 by IFM CorrespondentMarch 27, 2023 Al Maya Supermarket has prepared several deals and promotions to assist customers in getting ready for the holy season of Ramadan... Read more
CommodityFeaturedMalaysia to review proposed cut in palm oil export tax, says ministerWebAdminMay 23, 2022May 23, 2022 by WebAdminMay 23, 2022May 23, 2022 The Finance Ministry has been requested to reduce the tax from 8% to 4%-6%.... Read more
CommodityFeaturedIndonesia faces global pressure over ban on palm oil exportIFM CorrespondentMay 11, 2022 by IFM CorrespondentMay 11, 2022 According to the country’s President it is a short-term measure.... Read more
CommodityFeaturedSri Lanka seeks another $1.5 bn loan from IndiaIFM CorrespondentMarch 30, 2022March 30, 2022 by IFM CorrespondentMarch 30, 2022March 30, 2022 Food prices are skyrocketing as the country is forced to ration its fuel and food supplies.... Read more
CommodityFeaturedLuxury hot chocolate replaces coffee in UKIFM CorrespondentMarch 14, 2022 by IFM CorrespondentMarch 14, 2022 These hot beverages are coming in multiple flavors of herbs and spices.... Read more
CommodityRare earths miner Lynas turns to US as its Malaysian licence is withheldInternational Finance DeskMay 20, 2019 by International Finance DeskMay 20, 2019 The new joint venture will start processing operations in the US... Read more
CommodityTechnologyFreedium announces commodity-centric digital currency at Dubai Blockchain ForumInternational Finance DeskApril 18, 2018 by International Finance DeskApril 18, 2018 Freedium has partnered with Wanchain, VAPHR and Bitsapphire to support the establishment of its first digital currency... Read more