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Malaysia in last ditch effort to avert EU palm oil curbs

BRUSSELS: Malaysia will present legal and technical arguments this week against an EU plan to limit the use of palm oil, the head of the country's marketing agency said on Tuesday, opposing a move that could lead to an eventual ban on the edible oil.

US and global stock markets fall on trade war pessimism; oil at 4-year high

NEW YORK: Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.

Free fall in Italy’s bond driven by liquidity vacuum

NEW YORK: The free fall in Italy’s debt underscored that even one of Europe’s biggest debt markets is subject to the traders’ adage that liquidity often dries up just when you need it most.

Back to the future for Malaysia

MOST Malaysians, including myself, went to bed in the early hours of Thursday morning after hearing the news that the Pakatan Harapan coalition of four parties had won a simple majority of 113 seats out of the 222 parliamentary seats contested in the 14th General Election.

Dollar sags after Trump's tariff decision takes wind out of recovery

TOKYO: The dollar dropped on Friday, having pulled sharply back from six-week highs after U.S. President Donald Trump's decision to impose tariffs on steel and aluminium took the wind out of the greenback's week-long recovery.

Knight joins Ogilvy and Mather Malaysia as strategic planner

FOLLOWING the appointment last month of James Gaubert as head of digital and social, Ogilvy and Mather Malaysia continues to expand its impressive line-up with the addition of WPP Fellow and strategic planner, Christopher Knight.

Tech selloff spreads to Europe and Asia, politics lifts euro

LONDON: Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.

Market wary of big sterling swings as Britain votes

LONDON: Market bets on how volatile the pound will be over the next 24 hours surged to their highest in a year on Thursday as Britain began voting in a parliamentary election which some polls show has become too close to call.

Ringgit rally fails to lift KLCI after crude oil slump

KUALA LUMPUR: The ringgit rose against several key currencies, notching a gain of nearly 1% to the weakening pound sterling but it was not enough to lure buyers into the equities markets after an earlier slump in crude oil prices.

France/Germany spread hits two-week low

LONDON: France’s government bond yield spread over Germany hit its narrowest in two weeks after results of the Dutch parliamentary election put the populist party of Geert Wilders a distant second to the current ruling party.