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KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) has managed to expand its reach in the domestic and global markets within a short period of time, especially in the renewable energy field.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to decline next week on profit-taking activities.
KUALA LUMPUR: Leon Fuat Bhd is cautious on the outlook for its steel products as demand could be impacted by the Covid-19 pandemic as infections remain high.
FOR all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.
LOSS-MAKING copper wire and rod maker Ta Win Holdings Bhd says it will soon be reporting a profit in the coming fourth quarter (Q4)of its financial year ending June 30, 2021 (FY21) following several corporate moves it had made to diversify its business last year.
OIL fell below $71 a barrel after the biggest drop in four weeks as traders weighed prospects for a stronger dollar against rising demand.
LONDON: Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part – finding ways to exclude coal from bulk-buy contracts, known as “treaty” reinsurance.
While GM expects the situation to improve in the second half, issues like the COVID outbreak in Malaysia are still hitting the chip industry, Paul Jacobson GM's CFO said.
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today amid overnight weakness in the soybean oil market on the Chicago Board of Trade.
BEIJING: China will release national reserves of copper, aluminium and zinc in batches in near term in response to the government's requirement of stabilising commodity prices