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KUALA LUMPUR/NEW DELHI: India's trade minister will not meet with his Malaysian counterpart in Davos next week because of his tight schedule, an Indian trade ministry official said on Sunday (Jan 19), as a spat simmers between the top buyer of palm oil and its biggest supplier.
KUALA LUMPUR/NEW DELHI: Trade ministers from India and Malaysia are likely to meet on the sidelines of the World Economic Forum's annual meeting in Davos next week amid a palm oil spat between the two countries, a Malaysian government spokesman told reporters.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week on lack of market catalysts, a dealer said.
PLANTATION companies with high-capacity refineries will need to quickly source new export markets for their refined palm oil products, should India’s unofficial boycott on Malaysia take a turn for the worse in the coming months.
KUALA LUMPUR: The palm oil reference price is calculated at RM2,907.63 per tonne effective next month, it said on its website, adding that no tax would be imposed on CPO priced below RM2,250 per tonne.
KUALA LUMPUR: The ringgit opened marginally lower as market participants stayed on the sidelines amid positive developments surrounding the signing of US-China ‘Phase One’ trade deal and the U.S Senate’s approval of a new trade deal between the country and its North American neighbours, Mexico and Canada.
BERLIN (Reuters) - A Libyan military commander waging an offensive to capture the capital Tripoli is committed to a ceasefire, Germany's foreign minister said on Thursday, in an apparent advance for efforts to end a near-decade of turmoil in the north African country.
NEW YORK/SINGAPORE: U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world's two largest economies struck a trade agreement after a more than year-long tariff war, executives and traders said on Wednesday.
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.
ANKARA (Reuters) - Turkey said on Wednesday it was too early to say whether a ceasefire in Libya had collapsed after Khalifa Haftar, commander of eastern Libyan forces, failed to sign a binding truce accord at talks this week.