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HONG KONG: Most Asian markets were mixed Monday (Jan 20) as investors took a step back after last week's rally, though the mood remains upbeat after the China-US trade pact was signed, and the global outlook appears a little rosier.
KUALA LUMPUR: Telcos snapped their recent rally on Monday, dragging the FBM KLCI into the red while the recovery in crude palm oil (CPO) prices was unable to lift the plantation heavyweights.
SINGAPORE (Bloomberg): Olam International Ltd, one of Asia’s biggest agricultural firms, is splitting its food business from the rest of its commodities trading in a move to profit from rapidly shifting consumer tastes.
BEIJING (China Daily/ANN): China unveiled a wide-ranging guideline to phase out nondegradable plastic products in major consuming sectors on Sunday (Jan 19), vowing to effectively curb plastic pollution in major cities in five years
KUALA LUMPUR: The FBM KLCI saw some mild profit-taking activity on Monday as it remained supported by US markets that continued its bullish run.
KUALA LUMPUR: Petroliam Nasional Bhd's (Petronas) subsidiary will supply liquified natural gas (LNG) to Shenergy Group Company Ltd under a proposed 12-year contract which includes collaboration to build vessels to deliver the cargo.
KUALA LUMPUR: The foreign tide were back in buying mode on Bursa last week, snapping up RM320.9mil net of local equities, according to MIDF Research.
KUALA LUMPUR: Bursa Malaysia got off on a sluggish mode early Monday as investors as firmer key Asian markets and record gains on Wall Street failed to whet investor appetite for riskier assets.
BANGKOK (The Nation/ANN): The Department of Internal Trade (DIT) plans to link Thailand’s central fruit markets with those of China to expand the trading channel for Thai fruits, Whichai Phochanakij, the department’s director-general, said recently.BANGKOK (The Nation/ANN): The Department of Internal Trade (DIT) plans to link Thailand’s central fruit markets with those of China to expand the trading channel for Thai fruits, Whichai Phochanakij, the department’s director-general, said recently.