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Economy 24 May 2017 | 6:20 AM

Chinese demand for palm oil set to drop as buyers snap up alternative cargoes

KUALA LUMPUR: Palm oil demand from China, the world's No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said.

Commodities 17 May 2017 | 12:00 AM

Changing crude oil consumption habits and shale gas weigh on O&G

A day after UMW Oil & Gas Corp Bhd (UMW-OG) announced it had won contracts for two of its rigs and expressed optimism that the company’s seven rigs would be fully utilised by the second half of the year, the stock was unchanged at 62 sen a share, which is near its all-time low, in trading yesterday.

Technology 17 Apr 2017 | 10:50 PM

Facebook to review handling of videos after Cleveland killing

SAN FRANCISCO: Facebook Inc launched a review on Monday of how it handles violent videos and other objectionable material, saying it needed to do better after a video of a killing in Cleveland remained on its service for more than two hours on Sunday.

Business 11 Apr 2017 | 12:00 AM

Old ‘cowboys’ help US firms avert computer meltdowns

NEW YORK: Bill Hinshaw is not a typical 75-year-old. He divides his time between his family – he has 32 grandchildren and great-grandchildren – and helping US companies avert crippling computer meltdowns.

Business 01 Apr 2017 | 12:00 AM

Short Position

SHARES in British American Tobacco (M) Bhd (BAT) tumbled mid-week, spooked by news that the government is considering another round of hefty cigarette price hikes.

Corporate News 30 Mar 2017 | 2:45 AM

Halex shares shoot past takeover offer price

KUALA LUMPUR: Halex Holdings Bhd’s share price continued to climb early Thursday, surging to a high of 91.5 sen and shooting past the takeover price of 64 sen.

Business 15 Feb 2017 | 12:00 AM

Malaysia’s shooting-star bauxite industry faces burn-up

KUALA LUMPUR: Already under fire for widespread environmental damage, Malaysia’s once lucrative bauxite mining industry is facing a likely death knell from neighbouring Indonesia’s move to allow a resumption of exports.

Plantations 14 Feb 2017 | 1:28 AM

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Feb 14

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Feb 14.

Commodities 13 Feb 2017 | 11:29 PM

Malaysia's shooting-star bauxite industry faces burn up

KUALA LUMPUR: Already under fire for widespread environmental damage, Malaysia's once lucrative bauxite mining industry is facing a likely death knell from neighbouring Indonesia's move to allow a resumption of exports

Business 04 Feb 2017 | 12:00 AM

Top 40 richest in Malaysia: 31-35

31 -35