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NEW DELHI: Vodafone Group Plc’s India venture plunged by a record on prospects of having to pay the government $4 billion in back-fees as early as next week, highlighting concerns over the future of the beleaguered mobile carrier.
KUALA LUMPUR: Malaysian palm oil futures fell to their lowest in a month on Friday and were set for their worst weekly decline since 2012, as India's import restrictions on Malaysian palm oil dragged prices.
KUALA LUMPUR: Palm oil industry expert James Fry expects crude palm oil (CPO) prices to remain firm, trading above RM3,000 per tonne this year as production prospects in Indonesia and Malaysia soften.
KUALA LUMPUR: The Primary Industries Ministry is seeking diplomatic solutions with India following their move to restrict refined palm oil imports from Malaysia.
KUALA LUMPUR (Reuters) - Benchmark palm oil prices will not rise above RM3,300 per tonne in the first half of 2020 and the commodity's recent rally has eliminated its competitive edge over rival edible oils, a top industry analyst said on Thursday.
PETALING JAYA: After more than two years of decline against the US dollar, the ringgit is expected to strengthen to between RM4 and RM4.10 against the greenback this year, according to Standard Chartered.
KUALA LUMPUR: The quantity of refined palm oil exports from Malaysia to India is relatively small, roughly US$300mil a year.
Singapore: Western Asset Management Co is reducing its Indian government bond holdings as tensions around a new citizenship law and the Kashmir region cloud the economic outlook.
BANGALORE: Amazon.com Inc chief executive officer Jeff Bezos got a bitter reception during his India visit this week after the country’s anti-trust regulator initiated a formal investigation hours before his arrival and infuriated small store owners demonstrated in the streets.
SINGAPORE: Western Asset Management Co. is reducing its Indian government bond holdings as tensions around a new citizenship law and the Kashmir region cloud the economic outlook.