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Seoul: Newly equipped with an intercontinental ballistic missile, North Korea is looking to put itself in the “driver’s seat” for any future negotiations with Washington, analysts say – but may at the same time be pushing such talks further away.
PETALING JAYA: Crude palm oil (CPO) price discount to its main competitor, soybean oil, is expected to widen by about US$70 to US$100 per tonne after trading at almost zero discount in February, say analysts. Should the price discount gap gets bigger, analysts project that demand for CPO could increase in the coming months.
KINSHASA (Reuters) - A Democratic Republic of Congo court convicted seven soldiers on Thursday for the murder of suspected militia members in the country's insurrection-ravaged Kasai region.
NEW YORK: Oil futures settled up slightly on Thursday, well off session highs, after a sharp but short-lived boost from a much bigger-than-expected decline in U.S. inventories of crude oil and gasoline.
PARIS (Reuters) - France's new government will take a closer look at how big state energy and transport groups are managed, finance minister Bruno Le Maire said on Thursday, days after flagging a strategy of state divestment.
KUALA LUMPUR: Late buying of IOI Corp, CIMB and Genting Malaysia shored up the FBM KLCI and enabled it to close on a firmer note on Thursday but the ringgit fell against the key currencies despite a rebound in crude oil prices.
LONDON: Oil rose on Thursday, recovering some ground after a surprisingly upbeat picture of U.S. demand halted the previous day’s steep slide, although the prospect of oversupply in 2018 has prompted yet more analysts to cut their price forecasts.
LONDON: Sterling steadied in a quiet morning of trading on Thursday, with a run of weaker British economic data failing to deter investors from bets that the Bank of England will hike interest rates in the coming months.