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Sugar heads for first gain in five years as El Nino ends surplus

NEW YORK: After four bitter years, sugar mills can look forward to sweeter prospects in 2016.

El Nino lifts palm oil gain to 5-year high

KUALA LUMPUR: Palm oil posted its biggest annual gain in five years as the strongest El Nino in almost two decades parches crops in South-East Asia and trims record stockpiles of the commodity used in food and biofuel.

Planned protest at Sungai Besi toll fizzles out

KUALA LUMPUR: A proposed protest at the Sungai Besi toll plaza against the toll hike which had promised fireworks, fizzled out, with only a small number of demonstrators turning up.

South Korea defends accord with Japan to settle 'comfort women' issue

SEOUL (Reuters) - South Korea defended on Thursday an agreement with Japan to settle the issue of "comfort women" following criticism it was inadequate, saying it was the best any government could do in the lifetimes of the elderly victims of abuse.

Palm oil set for best year since 2010 as El Nino threatens crops

KUALA LUMPUR: Palm oil headed for the biggest annual gain in five years as the strongest El Nino in almost two decades parches crops in Southeast Asia and trims record stockpiles of the commodity used in food and biofuel.

Gold poised for third annual loss; 2016 outlook bleak

SINGAPORE: Gold was little-changed on the last trading session of the year, but looked set to post its third straight annual loss, undermined by a robust dollar and prospects of higher US interest rates.

S. Korea ‘comfort women’ protest against ‘humiliating’ Japanese deal

SEOUL: South Korean women forced into wartime sexual slavery and hundreds of supporters held a rally against a “humiliating” deal with Japan designed to settle the issue, and vowed to keep fighting for justice.

Year-end cheer as Malaysian market index continues winning streak

KUALA LUMPUR : The FBM KLCI is set to close the year on a positive note after recovering most of the losses incurred between August and October when global markets exhibited extreme volatility across asset classes.

Oil bogs down Wall St. as S&P 500 clings to gain for 2015

NEW YORK: Wall Street dropped on Wednesday as Brent crude slid towards 11-year lows and Apple weighed on the S&P 500 index, which clung to a meager gain for 2015.

Wall Street lower as crude gives up gains

BENGALURU: US stock indexes were marginally lower on Wednesday as Brent crude retreated to near 11-year low.