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BANGKOK: Thailand’s industrial output dropped more sharply than expected in August, declining for a sixth straight month, but there are signs of a tentative recovery in the country’s auto sector.
The weaker ringgit is beginning to have a positive effect on crude palm oil (CPO). The commodity has eased into comfortable levels of between RM2,300 and RM2,400 per tonne, after having plunged to a 6½-year low of RM1,863 per tonne a month ago.
AS Japan remains one of Malaysia’s biggest trading partners, two law firms from both countries have entered into a formal association with one another.
KUALA LUMPUR: There is still no need to peg the ringgit to the US dollar currently despite the continued downtrend of the local unit, says Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday September 30.
SINGAPORE/HONG KONG: A Japanese shipper filed for bankruptcy on Tuesday and global trading firm Louis Dreyfus posted lower profits, the latest victims of tumbling energy and raw material prices.
HANOI: Vietnam’s economy grew 6.81% in the third quarter from a year earlier, accelerating from 6.47% in the previous quarter, the government said, fuelled by strong exports and manufacturing and record foreign direct investment.
CANBERRA: Chinese Ambassador to Australia Ma Zhaoxu urges Australia not to let China-Australia Free Trade Agreement (ChAFTA) slip away in an opinion piece published on influential newspaper The Australian yesterday.
TOKYO (Reuters) - Japan is ready to match European rivals and build a fleet of submarines for Canberra entirely at Australian shipyards, a senior Japanese official said on Tuesday, after stumbling in its effort to win the A$50 billion ($34.76 billion) contract.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday September 29.