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PETALING JAYA: Malaysia's palm oil inventory finally eased to 1.93 million tonnes in April after staying above the 2 million-tonne threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.
TOKYO: The Japanese market soared in the week to Friday, as investors cheered the continued slide of the yen and its boon for exporters.
KUALA LUMPUR: Malaysian rubber prices are expected to improve this week amid the recovering economic data from China and the United States, a dealer said.
KUALA LUMPUR: Moody's Investors Service estimates core Chinese shadow banking products totaled a large 21 trillion renminbi (RM10.22 trillion) at end-2012, or 39% of 2012 gross domestic product (GDP).
TOKYO: Oil and gold prices fell on Monday as the dollar strengthened, weighing on Asian shares, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the U.S. currency.
SEOUL: Samsung Electronics said Monday it had successfully tested super-fast fifth-generation (5G) wireless technology that would eventually allow users to download an entire movie in one second.
Economists see softer Q1 GDP growth Private consumption and investment will continue to support growth
PETALING JAYA: Malaysia’s economy may have softened in the first quarter this year on weaker exports due by poorer external demand, while private consumption and investment will continue to support growth.
NEW YORK: Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday.