Palm oil giants say sustainability is the new business norm

KUALA LUMPUR (Reuters) - Palm oil companies, which have faced criticism in recent years of widespread deforestation, said on Monday that ensuring sustainability across the supply chain was the new business norm as scrutiny on responsibly produced palm oil mounts.

Daimler to pay US$2.2bil in diesel emissions cheating settlements

WASHINGTON: Daimler AG will pay US$2.2 billion violating U.S. clean air laws and to resolve claims from 250,000 U.S. vehicle owners, court documents show.

HSBC positive on Southeast Asian stocks; foreign flows into into Asia bonds slow

SINGAPORE: Beaten-down equities in Southeast Asia have become irresistibly cheap, according to analysts at HSBC who recommend investing in Indonesia and across the region in a contrarian note on Monday that forecasted the best returns from laggard Singapore.

RHB upbeat over Kerjaya Prospek's growth prospects

KUALA LUMPUR: RHB Investment Bank Research is optimistic over Kerjaya Prospek Bhd's ability to achieve two-year consecutive earnings growth of over 30% following the group's announcement of its latest contract win.

Bank Indonesia may keep rates on rupiah concerns

JAKARTA: Indonesia’s central bank is widely expected to keep its benchmark interest rate steady for a second straight policy meeting on Thursday due to renewed pressure on the rupiah currency, a Reuters poll showed.

Commission picks co-ops that can delve into Bursa

SIBU: The Co-operative Commission of Malaysia (SKM) has identified several local co-operatives which have the ability to acquire shares in competitive and successful companies listed on Bursa Malaysia.

TikTok offer would keep Chinese firm on board

SHANGHAI: Technology company Oracle’s bid to potentially become TikTok’s technology partner in the United States indicates that there may be technical solutions available to address US concerns instead of going to great lengths to ditch Chinese ownership, according to experts.

Hong Kong's June-August unemployment unchanged at 6.1%

HONG KONG: Hong Kong's seasonally adjusted unemployment rate stood at 6.1% in the June-to-August period, unchanged from the previous three-month rolling period, as government relief measures provided some support to an economy ravaged by the coronavirus and social unrest.

TikTok May Launch IPO If Oracle Deal OK'd

LOS ANGELES: The complex wrangling over what happens next to TikTok -- which has become a geopolitical football punted around by the Trump administration -- continues apace.

Indonesia central bank holds rates to underpin rupiah