Archived News
27-09-2018
Trump metals tariffs will cost Ford $1 billion in profits, CEO says
Steel and aluminum tariffs imposed by the Trump administration have cost Ford Motor Co (F.N) about $1 billion in profits, its chief executive officer said on Wednesday, while Honda Motor Co (7267.T) said higher steel prices have brought “hundreds of millions of dollars†in new costs.
27-09-2018
India proposes free trade agreement with Bangladesh
NEW DELHI: India has proposed Bangladesh to consider negotiating a free trade agreement including goods, services and investment to promote two-way commerce and investments.
27-09-2018
Palm oil may test resistance at 2,200 ringgit
Palm oil may test a resistance at 2,200 ringgit per tonne, a break above which could lead to a gain to the next resistance at 2,220 ringgit.
27-09-2018
China to Cut Tariffs on Imports Including Machinery, Textiles
China will cut import tariffs on goods including machinery, paper, textiles and construction materials from Nov. 1, in a move that would lower costs for consumers and companies as a trade war with the U.S. deepens.
27-09-2018
India's palm oil imports to jump on rising demand, supply drop -analyst
India's palm oil imports in 2018/19 are likely to jump 8.7 percent from a year earlier as consumption in the world's biggest edible oil consumer will expand amid a drop in local supplies, a leading industry analyst said on Wednesday.
27-09-2018
Sierentz opens palm oil trading desks in Singapore, Sao Paulo
Sierentz Global Merchants, a commodities trading firm controlled by members of the Louis-Dreyfus family, has opened palm oil trading desks in Singapore and Sao Paulo, expanding its reach beyond its initial focus on European and Black Sea grains.
26-09-2018
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Sept 26
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Sept 26.
26-09-2018
Indonesian activists abseil down palm refinery tanks in deforestation protest
JAKARTA: Environmentalists abseiled down storage tanks and unfurled banners at a palm oil refinery in Indonesia on Tuesday in protest at deforestation of the country's tropical forests.
26-09-2018
Malaysian palm oil price gains for 2nd straight day on stronger crude oil
KUALA LUMPUR: Malaysian palm oil futures edged up for a second consecutive session on Tuesday, tracking strength in crude oil prices and a weaker ringgit.
26-09-2018
Commentary: China is running out of American products to target in a trade war
ALANTA, Georgia: President Donald Trump is making good on his pledge to escalate the trade war with China by imposing tariffs on US$200 billion of Chinese goods.
26-09-2018
Greenpeace ‘occupies’ Indonesia palm oil plant with rock band
JAKARTA: Greenpeace activists yesterday scaled storage tanks at an Indonesian palm oil refinery along with a popular rock band which played pro-environment songs, protesting against a commodity found in everything from soap to biscuits.
26-09-2018
Sabah aspires to be top regional fruit producer
Kota Kinabalu: Sabah aspires to position itself as a top tropical fruit producer in the region.