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