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TODAY, the world’s financial rhythm remains American. The US dollar assumed the role of the world’s dominant reserve, payment and settlement currency after WWII. The country’s position as the sole financial superpower gives it extraordinary influence over the destinies of nations
KUALA LUMPUR: Malaysian palm oil futures shed early gains on Tuesday as traders feared that the surge in demand and exports would eventually lose steam if there is a second wave of Covid-19.
KUALA LUMPUR (Reuters) - Palm oil futures slid on Monday as the tropical commodity's global consumption is expected to drop, while production in June is estimated to have risen so far.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade higher next week, in sync with increased export data, a projected stronger Dalian Commodity Exchange performance, recovery in equity markets, and sustained gains in Brent crude oil price.
SINGAPORE: Malaysian palm oil futures hit their highest level in more than two months on Friday, riding on gains in crude oil prices as well as lower stocks in top importers India and China.
SINGAPORE: Malaysian palm oil futures rose for a third straight session on Thursday as rival oils gained, although fears of another wave of coronavirus infections and higher production capped gains.
PAMPLONA, Spain (Reuters) - Atletico Madrid hammered Osasuna 5-0 away from home in La Liga on Wednesday to secure their biggest win of the season and give a huge boost to their chances of qualifying for the Champions League.
KUALA LUMPUR: Malaysian palm oil futures closed higher on Wednesday, tracking rival oils as stockpiling following concerns over the rising number of new coronavirus infections pushed prices higher on the Dalian Commodity Exchange.
KUALA LUMPUR: Malaysian palm oil futures fell 0.42% on Wednesday, as concerns over rising new Covid-19 coronavirus infections weighed on investors' mood.
SINGAPORE: China's daily crude oil throughput in May rose 8.2% from a year earlier, as independent refiners increased their processing to meet the recovery in fuel demand following the easing of coronavirus lockdowns.