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HONG KONG: China’s annual economic policy-setting meeting begins Tuesday and will wrap up on Thursday, according to people briefed on the plans, right as negotiators aim to finalize a phase-one trade deal with the US.
KUALA LUMPUR: Malaysia's total palm oil stocks eased 4.08% to 2.26 million tonnes in November 2019 from 2.35 million tonnes recorded in the previous month.
KUALA LUMPUR: AmInvestment Research is maintaining its Underweight for the building material sector.
PETALING JAYA: There seems to be some repositioning of foreign funds in the Malaysian capital market.
KUALA LUMPUR: Petronas-linked stocks, Tenaga Nasional and Public Bank weighed on the FBM KLCI on Wednesday on continued fund selling but plantations brightened the gloomy market as crude palm oil (CPO) futures rallied past RM2,900.
BRUSSELS: The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate.
BEIJING: China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before fresh U.S. tariffs on Chinese imports are due to kick in at the end of the week.
SINGAPORE: Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members.
KUALA LUMPUR: The local equities market turned to consolidation on Monday as a positive US jobs data report over the weekend failed to inspire optimism in the global economy as the deadline for fresh US tariffs on Chinese imports loomed.
TOKYO: Japan's economy expanded at a much faster-than-initially-reported pace in July-September, driven by resilient domestic demand even as exports took another hit from slowing global growth and rising trade tensions.