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Soybeans dip ahead of USDA reports
SINGAPORE: Chicago soybean edged lower yesterday as investors awaited the US government’s forecast on global grain and oilseed production later in the day, with a focus on South American output.
Oil prices rise on expected inventory drawdown; virus concerns cap gains
SINGAPORE: Oil prices rose on Tuesday on expectations of a drawdown in crude oil inventories in the United States for a fifth straight week, but investor worries over climbing coronavirus cases globally capped price gains.
US House Democrats urge FAA to work to avoid civil unrest on flights
WASHINGTON: Two senior House Democrats overseeing aviation issues urged the head of the Federal Aviation Administration on Monday to work with U.S. airlines to prevent civil unrest from jeopardizing safety, according to a letter seen by Reuters.
Strong palm oil output recovery seen in second half
KUALA LUMPUR: A strong palm oil output recovery is expected in the second half of this year (H2) from good rainfall, the normalisation of fertiliser application and support from better prices.
Malaysia continues to be preferred investment destination, says Tengku Zafrul
KUALA LUMPUR (Bernama) -- Both international and domestic business communities have remained committed to Malaysia due to the country’s strengths and potential, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.
Asia stock funds boost reflation bets on value, Asean shares
A BLUE sweep in the U.S. is intensifying Asian stock investors’ conviction in reflation trades much like their global peers as they position their portfolios for the new year.
Value shares and small caps may be market tailwind
NEW YORK: Frenzied retail buying catapults equity benchmarks to records. A handful of mega-companies dominate, drawing daily warnings about nosebleed valuations. Suddenly a rotation takes hold, reviving left-behind industries while crushing the broader market.
London and Paris have lots in common really
THE British and the French form “un couple infernal.” The two nations coexist in close geographical proximity and are bound together by a long history of affection and aversion.
Insight - World shouldn’t laugh at US too soon
IN much of the world, the sight of a mob storming the United States Capitol to keep their leader in office was met not just with horror but with, let’s face it, schadenfreude. Finally!
Insight - Global shortage of containers affects prices
THE worldwide shortage of containers is hampering the smooth flow of exports and imports, and pushing up logistics costs
