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KUALA LUMPUR: Malaysian palm oil futures were slightly higher on Friday evening, reversing losses from earlier in the day due to low demand, pending the release of data and ahead of a long weekend.
NEW YORK: Oil prices closed up on Friday on growing hope that OPEC might agree to extend production cuts long enough to reduce a global crude glut, but crude prices still posted a weekly decline.
WASHINGTON: The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending almost stalled, but a surge in business investment and wage growth suggested activity would regain momentum as the year progresses.
CIMB Group Holdings Bhd, which had just undertaken one of its biggest provisions in recent history, is upbeat on its future.
CEO says money will be returned to shareholders if delisted
ZURICH: Some Swiss watch fans eager to wear the work of a fine maker may have to upgrade after the country’s Fondation de la Haute Horlogerie categorised the industry for the first time, clarifying which brands are in and out of the exclusive club.