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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Oil prices extend fall after surprise inventory build (Update)
Oil prices fell for a fourth day on Wednesday, extending losses after a surge in U.S. inventories surprised investors, overshadowing an interest rate cut by the Federal Reserve.
Market may be bullish again
Commodity Exchange gold futures increased 0.9% in a week to US$1,507.10 (RM6,299.68) an ounce last Friday. Brent crude rose 4.3% to US$61.98 per barrel. In the local market, crude palm oil (BMD) rose for the third week, increasing 4.9% to RM2,398 per tonne last Friday.
Is India ready for RCEP embrace amid opposition
Indian officials have concluded negotiations “in good faith†on over 21 of the 25 chapters, and the rest would be concluded before November 4, when Prime Minister Narendra Modi will join the leaders of the 10-member Association of Southeast Asian Nations (ASEAN) bloc and five other countries for the summit.
U.S. set to disappoint Asia with downgraded delegation for Bangkok summits
The United States has downgraded its participation in back-to-back Asia-Pacific summits in Bangkok next week, a move bound to disappoint Asian partners worried by China's expanding influence.
Malaysia cuts foreign workers, sparking labour shortage fears
Malaysia is trying to overcome its reliance on low-skilled foreign workers as it tries to move up the economic ladder. But that’s hurting some key industries in the country.
Oil mixed on forecast of falling U.S. fuel stockpiles
Oil prices were mixed on Tuesday, paring earlier steep losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week.
US-China trade deal might not be ready for signing in Chile
An interim trade agreement between the United States and China might not be completed in time for signing in Chile next month as expected but that does not mean the accord is falling apart, a U.S. administration official said on Tuesday.
Ray of hope for better corporate earnings for third quarter
In contrast to a dimming global economic outlook, some equity strategists are hopeful of improvements in corporate earnings for the coming results season.
Dr M defends palm oil in UN address
Using the United Nations as his stage, Tun Dr Mahathir Mohamad made his case against attempts to ban the import of palm oil, describing it as a classic case of blocking free trade.
