Indonesia posts first trade deficit in 12 months in November: Indonesia posted its first trade deficit in 12 months in November, highlighting persistently weak demand at home and abroad and the growing impact of slumping prices on economies of the world’s major commodity exporters. Indonesia had a US$346.4 million trade deficit in November, compared with a US$1.01 billion surplus in October, the statistics bureau said on Tuesday. — Reuters
Top Glove reports 164% jump in Q1 profit: Top Glove Corp Bhd
reported a 164% jump in its net profit to RM128.34mil for its first quarter ended Nov 30 on strong US dollar and lower raw material prices. Its revenue rose to a record high of RM800.3mil, up 41% from a year earlier. — StarBiz
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