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Oil prices rise on US attack on Houthis

LONDON, March 17 (Reuters): Oil traded higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping while Chinese economic data fuelled hopes for higher demand.US President Donald Trump launched military strikes against the Houthis on Saturday over the...

GAU and UNDP sign agreement on fish waste recycling project

A Letter of Agreement has been signed between Gazipur Agricultural University (GAU) and the United Nations Development Programme (UNDP) to develop suitable methodologies for extracting valuable products from fish waste, with plans to expand this process in the future. The agreement was finalised on Sunday in the Academic Council meeting...

Palm oil ends lower on poor export data

JAKARTA, March 17 (Reuters): Malaysian palm oil futures closed lower on Monday, tracking movement of rival edible oils at the Dalian market, while poor export data weighed down and capped gains.The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange lost 103 ringgit, or 2.3%,to 4,371...

Gold hovers near record levels

Safe-haven gold firmed on Monday, trading near an all-time high scaled in the previous session, while the market's focus shifted to the US Federal Reserve's meeting this week, reports Reuters.Spot gold added 0.5% to $2,997.84 an ounce, as of 1141 GMT. Prices hit a record high of $3,004.86 on Friday...

Copper buoyed by Chinese stimulus measures

LONDON, March 17 (Reuters): Copper prices rose on Monday, supported by the latest economic stimulus plan from top metals consumer China and a weaker dollar, with traders awaiting more clarity on US tariff risks and their effect on global growth.Benchmark three-month copper on the London Metals Exchange added 0.4% to...

Russia to launch large-scale lithium production in 2030

MOSCOW, March 17 (Reuters): Russia plans to produce at least 60,000 metric tons of lithium carbonate in 2030, the natural resources ministry said on Monday, as Moscow seeks to reduce its dependency on imports and boost production of high-capacity electric batteries.Lithium and other critical minerals, including rare earth metals, have...