Global Shortening Fats Industry Forecast to 2021 with Sales, Sales Price and Gross Margin Analysis

Indonesian authorities have arrested three people for allegedly tapping President Prabowo Subianto’s phone, according to police on Tuesday, with media reports suggesting one of the suspects may be a senior official. Prabowo, who took office in 2024, has come under increasing pressure for his government’s handling of the economy and destructive wildfires in the Southeast Asian archipelago. Top detective Asep Safrudin identified the suspects only by their initials, LSP, ASN, and EH, and said they...

Indian naval forces freed an Iranian fishing boat and its crew of 20 hijacked off Somalia after an operation lasting more than 48 hours, India’s Defence Ministry said on Tuesday. The rescue of the Azini was completed on Monday in the Arabian Sea, more than 3,000km (1,860 miles) from Mumbai, Indian Defence Minister Rajnath Singh said. An official with the Puntland Maritime Police Force said Indian forces disarmed 12 suspected Somali pirates, confiscated their mobile phones and released them. He...

A German tourist was among two men still missing on Tuesday after a landslide struck a glamping resort on the island of Bali in Indonesia. Heavy rains on Sunday afternoon caused the landslide, which struck the Eco Park Pelaga Glamping Retreat in Petang district at around 11pm, The Bali Times reported. Three tents collapsed while a fourth fell into the Tukad Yeh Kilap River and was swept away by the currents. The 4-hectare (10-acre) property, which houses 25 tents, sits on a steep cliff beside...

US artificial intelligence giant Anthropic’s initial public offering prospectus has exposed a vast profitability gap between it and rivals Z.ai and MiniMax, highlighting the challenges facing China’s AI model developers in turning technological advances into sustainable businesses. The Claude developer’s filing with the US Securities and Exchange Commission (SEC) last week revealed a significant financial advantage over its most direct Chinese counterparts, despite the latter’s continued...

A South Korean court revoked the Unification Church leader’s bail in a bribery case on Tuesday after footage emerged of her visiting the secretive movement’s headquarters in breach of release conditions. Han Hak-ja, 83, was sentenced to two years in prison in August for providing luxury items, including a designer handbag, to former first lady Kim Keon-hee while her husband Yoon Suk-yeol was president, in an attempt to secure policy favours. She was granted bail two months later on health...

Open source is the only viable path to creating a sustainable artificial intelligence industry, Alibaba Group Holding chairman Joe Tsai said on Tuesday, as the Chinese technology giant doubles down on its open-source AI strategy. Speaking at the opening ceremony of the annual World Internet Conference Wuzhen Summit in eastern China’s Zhejiang province, Tsai pointed to a growing convergence around open ecosystems among domestic tech companies, as surging AI demand rubs up against persistent...

The Indonesian government is facing mounting pressure to scrap the value-added tax (VAT) on sanitary pads and other menstrual hygiene products, with critics arguing it adds to the financial burden for women from low-income families already struggling to buy basic necessities. While the 11 per cent tax on such products is not new, the issue has gained traction amid public anger over rising living costs. Students took to the streets of Jakarta last week to protest against the government’s handling...

Since returning to the White House in January last year, US President Donald Trump has upended the global trading order with his scattergun approach to tariffs and launched a war on Iran that sent oil prices soaring. On Tuesday, American voters hurting from nagging inflation and the high cost of living that have defined Trump’s second term have the opportunity to deliver their verdict on his Republican Party in the midterm elections. Polls suggest that the Republicans, who currently control both...

An Indian tourist was killed and a New Zealand national injured when two helicopters collided and crashed while attempting to land in Nepal’s Everest region on Tuesday, police said. There are few roads in the Himalayas, and helicopters are widely used to transport tourists, climbers and supplies, as well as carry out emergency evacuations. Nepal’s challenging terrain and rapidly changing weather make aviation operations particularly hazardous. The small helicopters operated by Fishtail Air and...

Reddit and an Australian digital advocacy group are claiming a law that restricts children younger than 16 from popular platforms infringes on their constitutional rights.

A rally organised by Jakarta police to promote national unity has instead raised questions about whether the Indonesian government is using public events to blunt dissent, with questions raised over the identities of some participants after one admitted in a television interview that he had been paid to attend while posing as a university student. The controversy has fuelled criticism of what analysts describe as an intensifying effort to drown out opposing voices, while drawing attention to the...

It’s not just rare earths. China is making it harder for other countries to shed their dependence on its solar, drone and drugmaking technology.