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KUALA LUMPUR: Bursa and several key Asian markets which were opened on Tuesday, came under selling pressure as the coronavirus claimed its 106th victim and spread to other countries.
JAKARTA: Malaysian palm oil futures fell as much as 7% on Tuesday, their most in over seven years, as a fast-spreading coronavirus in China raised fears over demand already hit by a diplomatic spat with India.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia fell on Tuesday as growing worries about the spread of the coronavirus from China to several countries spooked investors.
MUMBAI: India's monthly palm oil imports from Malaysia could fall to the lowest level in nearly nine years in January as traders stopped buying the tropical oil from Kuala Lumpur following informal instructions from New Delhi, traders and refiners told Reuters.
From DHESEGAAN BALA KRISHNAN, Asia-Europe Institute, Universiti Malaya.
KUALA LUMPUR: Primary Industries Minister Teresa Kok has expressed hope that more businesses from India will invest in Malaysia and for Malaysian businesses to go to India.
JAKARTA: An American journalist was released from prison in and would be deported "as soon as possible" for a visa violation, authorities said on Monday (Jan 27). Jacobson, who turned 31 on Sunday, was jailed last week in the city of Palangkaraya and was facing up to five years in prison after he attended a public meeting between local lawmakers and indigenous rights activists in December.
KUALA LUMPUR: With 80 per cent of palm oil used in food applications, the Malaysian Palm Oil Board (MPOB) says it is constantly focusing on providing evidence of the nutritional properties of the versatile oil, backed by credible scientific research carried out in collaboration with renowned research institutions as well as in-house.
Feng shui master Kenny Hoo says this Rat year is very auspicious as it is a Double-Spring Year. More couples will be getting married, more babies will be conceived and delivered, and more people will move into new houses, buy new properties and start new companies.
KUALA LUMPUR/NEW DELHI: Indonesia has agreed to immediately increase imports of Indian buffalo meat, sugar and auto parts after India boosted purchases of Indonesian palm oil amid a spat with rival supplier Malaysia, two Indian government sources with direct knowledge of the matter told Reuters.