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KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday June 9.
PETALING JAYA : Rising price of crude oil, which had pierced the psychologically key US$50 per barrel level for the first time this year, is buoying investors’ sentiment in the stock market.
PETALING JAYA: KAF-Seagroatt & Campbell Securities (KAFSC) expects a steady outlook for the local construction sector, driven by heightened rollout of domestic infrastructure projects.
MADRID (Reuters) - Spain's world and European triathlon champion Javier Gomez Noya has won his country's most prestigious sports award, the Princess of Asturias prize, for his "brilliant achievements".
KUALA LUMPUR: Blue chips closed lower on Wednesday, snapping a two-day rally as investors decided to lock in gains, while Maybank weighed the most on the FBM KLCI, as local institutions and local retailers continued to take profit.
UNITED NATIONS (Reuters) - Muslim allies of Saudi Arabia piled pressure on U.N. chief Ban Ki-moon over the blacklisting of a Saudi-led coalition for killing children in Yemen, with Riyadh threatening to cut Palestinian aid and funds to other U.N. programs, diplomatic sources said on Tuesday.
KUALA LUMPUR: Profit taking on key stocks Maybank and Axiata dragged the FBM KLCI into the red at midday on Wednesday, snapping the two days of gains despite the advance in crude oil prices beyond US$50 a barrel.
CARACAS (Reuters) - Venezuelan security forces used tear gas to block hundreds of opposition protesters on Tuesday in the latest rally to demand a recall referendum to oust socialist President Nicolas Maduro.