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KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday May 7. FUNDAMENTALS * Malaysian palm oil futures notched up their biggest rise in two weeks in on Friday on expectations of falling inventories, after a sharp decline on Thursday evening and being largely range-bound this wee
SYDNEY: Asian shares crept higher on Monday after a tame reading on U.S. wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for the Iranian nuclear deal argued for caution.
SINGAPORE: Oil markets held firm on Monday, with prices near late-2014 highs as a decision looms on whether the United States walks away from a deal with Iran and instead re-imposes sanctions on Tehran.
YONG PENG: A commotion broke out in the town of Yong Peng during a Barisan Nasional ceramah on Sunday night.
LONDON: Qatar is taking a stake in Rosneft of nearly 19%, rescuing the Russian oil major from its stalled deal to sell a major stake to China’s CEFC. The deal strengthens ties between Moscow and Doha at a time when Qatar is facing boycott by its Gulf Arab neighbours.