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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday, driven by lower September output from the Southern Peninsula Palm Oil Millers’ Association (SPPOMA).
KUALA LUMPUR: The High Court here has acquitted former Supermax Corp Bhd managing director Datuk Seri Stanley Thai for insider trading in relation to APL Industries Bhd (APLI) shares.
BRITAIN may be heading for a no-deal Brexit in three months, but for traders in London, the feeling so far is one of deja vu rather than a panicky rush to dump UK assets.
LONDON: Asian spot liquefied natural gas (LNG) prices edged up this week amid spot buying in the region and a possibility of higher consumption in winter due to cold weather.
NEW YORK: Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery even as U.S. jobless claims rose unexpectedly
KUALA LUMPUR: Malaysian palm oil futures fell more than 1% on Tuesday, tracking a sharp drop in Dalian oil prices, while fears of new restrictions in Europe to contain a spike in COVID-19 cases also hit sentiment.
NEW YORK: The U.S. dollar continued to rise on Tuesday after hawkish remarks from a Federal Reserve speaker, while stocks ended higher with a boost from Amazon even as curbs to control the spread of COVID-19 raised the fear of a second wave of lockdowns.
NEW YORK: Investors are gearing up for the year’s record-breaking pace of corporate bond issuance to continue in the coming week, even after the US Federal Reserve rattled nerves at its September meeting with a gloomier-than-expected economic outlook.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to continue a positive momentum next week driven by expectations of higher demand.