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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in range-bound mode next week as the market is lacking movement catalysts, a dealer said.
SELL in May and go away, the old financial adage that investors loosely adhered to seems to be thrown out the window, as far as the Malaysian stock market is concerned.
AS expectations of US Federal Reserve (Fed) tightening its monetary policy gather pace, so are concerns among investors over a potential repeat of the 2013 taper tantrum that rocked emerging markets (EMs).
PETALING JAYA: The combination of rising raw material prices and chip shortage, which is having an impact on global car prices, could affect the Malaysian automotive industry if the situation worsens.
DUBAI: Dubai Airport, the world’s largest by international passenger numbers, expects to recover up to 90% of its pre-pandemic capacity by autumn and will reopen a terminal as demand picks up.
WASHINGTON: Markets were jostled Wednesday after U.S. Federal Reserve officials projected interest rate hikes sooner than expected, with stocks sliding and the dollar jumping on the news.
SYDNEY: Australia’s central bank sketched out several scenarios for its quantitative easing programme which is due to be decided at the July policy meeting, and also set parameters for extending its three-year government bond yield target.
MANILA: The Philippine peso fell the most in more than two months yesterday after coronavirus curbs were prolonged in the capital Manila and nearby provinces until end-June and quarantine measures were tightened to battle rising infections.
Producers of the lightweight metal are increasingly calling the shots in pricing talks with Japanese buyers, as demand climbs amid a tightening global market driven by economies recovering from the pandemic