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UK continues to monitor Malaysia progress in sustainable palm

KUALA LUMPUR: U.K. continues to monitor and engage with Malaysia as the Southeast Asian country promotes sustainable palm oil cultivation, U.K. Secretary of State for Foreign and Commonwealth Affairs Jeremy Hunt says after meeting Malaysian Foreign Minister Saifuddin Abdullah.

Malaysian palm oil price jumps over 2% as India cuts import tax

KUALA LUMPUR: Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world's largest edible oil importer India announced import tax cuts, amid expectations of a fall in production.

Despite the tax cuts, traders expect market gains to be short-lived as palm inventory levels in Southeast Asia remain high.  I

Analysts: Focus on ‘oversold’ stocks

PETALING JAYA: Bottom-fishing opportunities have emerged in the equity market, with oversold stocks seen as one of the few silver linings for local investors this year.

According to AllianceDBS Research, oversold stocks offer “value amid market sell down”.  Its selected oversold stocks were Axiata Group Bhd, Gamuda Bhd and CapitaLand Malaysia Mall Trust.