Author name: Commodities Market Writer

A dry spell is sweeping across Asia’s rice fields, dealing another blow to farmers grappling with steep fuel and fertilizer prices triggered by the war in Iran.

“I would likely be the one responsible for dealing with the house.”

Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.

The ruthless labor history of your favorite fast food joint.

When the fast food industry began booming in the 1950s, it did so via a new business model known as the franchise. This model allowed independent operators to license trademarks from a business like McDonald’s or Dunkin Donuts, and it soon spread across the country, with huge consequences for how Americans are employed. Legal battles fought by franchises eventually opened the door to what’s now known as the gig economy, allowing Uber drivers to be treated in much the same way as the operator of

Malaysian sovereign wealth fund Khazanah Nasional Bhd. has sold 1.39 billion ringgit ($340 million) worth of shares in state-owned power firm Tenaga Nasional Bhd., according to people with knowledge of the matter.

Three of the biggest Chinese banks experimented with anchoring new loans to interbank rates, a step toward a new pricing mechanism that could better reflect supply and demand for money in the market.

Malaysia could host a Formula One race for the first time in nine years, potentially replacing the Bahrain Grand Prix as the Middle East conflict drags on, according to the country’s Youth and Sports Minister Mohammed Taufiq Johari.