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CPO futures likely to see cautious trading next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious mode next week, a dealer said.
China-EU investment deal: Xi Jinping and European leaders set for final push to seal agreement
HONG KONG, Jan 2 (SCMP): The Chinese president will discuss the final details with Angela Merkel and Ursula von der Leyen on Wednesday, with Emmanuel Macron also a possible participant One diplomatic source said Brussels expects agreement to be ready by the end of the week
Sime Plantation reviewing US Customs order
PETALING JAYA: Sime Darby Plantation Bhd (SDP), which had been issued with a Withhold Release Order (WRO) by the US Customs and Border Protection (CBP), is currently reviewing order to better understand the potential impact, if any.
Late selling pushes KLCI deeper into the red on last trading day of 2020
KUALA LUMPUR: Selling pressure picked up pace on blue chips including IHH Healthcare, Maybank and Sime Darby Plantation late Thursday – the last trading day of the Covid-19 ridden 2020 – and pushed the key FBM KLCI into the red.
MPIC regrets US ban on Sime Plantation palm oil
KUALA LUMPUR: The Ministry of Plantation Industries and Commodities Industry (MPIC) has expressed regret and disapproval regarding the drastic action taken by the United States (US) to bar the entry of palm oil produced by Sime Darby Plantation Bhd (SDP) without giving the company an opportunity to defend itself.
RSPO launches probe into alleged forced labour by Sime Plantation
KUALA LUMPUR: The Roundtable on Sustainable Palm Oil (RSPO) has launched an immediate investigation into allegations of forced labour by Sime Darby Plantation Bhd and the action taken by the US Government.
Bursa end morning weaker
KUALA LUMPUR: Losses in Sime Darby Plantation, Maybank and Top Glove pushed the FBM KLCI into the red on the final trading day of 2020.
Sime Plantation slumps after US bans its palm oil imports
KUALA LUMPUR: Shares of Sime Darby Plantation Bhd fell to a low of RM4.95 – the lowest in a month – on Thursday after it was accused of using forced labour prompting the US to ban imports of its palm oil.
Blue chips slip on last trading day of 2020
KUALA LUMPUR: Blue chips slipped in early Thursday trade, the last day of the pandemic-ridden 2020 which sent the global economy into a recession.
