Indonesia, Malaysia to visit Brussels over concern about EU deforestation law

JAKARTA (Reuters) – The world’s two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice concern over a new deforestation law they believe could be detrimental to small farming businesses. Indonesia and Malaysia accounts for about 85% of global palm oil exports and the EU … Read more

South Korea, US troops to hold massive live-fire drills near border with North Korea

SEOUL, South Korea (AP) — The South Korean and U.S. militaries were set to begin massive live-fire drills near the border with North Korea on Thursday, despite the North’s warning that it won’t tolerate what it calls such a hostile invasion rehearsal on its doorstep. Thursday’s drills, the first of the allies’ five rounds of … Read more

Nvidia shares soar nearly 30% as sales forecast jumps and AI booms

By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it is boosting supply to meet surging demand for its artificial-intelligence chips, which are used to power ChatGPT and many similar services. Shares of Nvidia, the world’s most valuable listed semiconductor company, … Read more