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HONG KONG (AFP): Asian equities mostly rose Wednesday (Aug 4), continuing the recent volatile theme in global markets as optimism over the economic recovery and coronavirus vaccinations plays off against concerns about the fast-spreading Delta variant and China's regulatory crackdown.
SINGAPORE/ JAKARTA: Malaysian palm oil futures jumped more than 6% on Tuesday, snapping a six-days lossing streak, supported by bargain buying and stronger soyoil prices on the Chicago Board of Trade (CBOT).
SINGAPORE/JAKARTA: Malaysian palm oil futures rose 1.69% on Tuesday after six days of consecutive losses, supported by bargain buying, although the gains were capped by cheaper rival oils.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives may see volatile trading with a downside bias next week, ahead of the release of production, stocks and exports data.
HONG KONG (AFP): Most markets rose in Asia on Tuesday (May 17) as investors looked past rising virus infections in the region and bet on the global recovery, with Tokyo brushing off data showing the Japanese economy shrank more than expected in the first quarter.
HONG KONG (AFP): Bargain-buying helped most Asian markets recover some of this week's steep losses, with investors tracking a rally on Wall Street and taking heart from a forecast-beating jobless claims report, though inflation fears continue to cast a dark cloud over trading floors
HONG KONG (AFP): Fears about surging inflation continued to trouble Asian markets Wednesday (May 12), with investors nervously awaiting crucial US price data later in the day that could ramp up expectations the Federal Reserve will have to taper its monetary policy earlier than flagged.
Asian markets fell further on Friday after Federal Reserve boss Jerome Powell failed to soothe fears of a surge in inflation fuelled by the expected global economic recovery, which many warn could force the central bank to hike interest rates earlier than thought.
SINGAPORE: Malaysian palm oil futures rose 2.8% on Thursday on bargain buying and overnight rally in soy prices on the Chicago Board of Trade (CBOT).