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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend lower at between RM2,080 and RM2,100 per tonne next week, amid fears of import curbs by India.
SINGAPORE: Malaysian palm oil futures closed higher on Friday, recovering from earlier losses, as gains in rival oils and a slightly weaker ringgit offset ongoing concerns over buying from India.
NEW YORK: Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.-China trade agreement.
SUPERCOMNET Technologies Bhd (code: 0001) came close to challenging the immediate resistance on Friday as it extended its advance in intra-day trading.
REVIEW: The domestic market’s rebound on Budget day was extended over the past week, with successive gains leading to a formation of a short-term positive trend.
Climate change is fast becoming the key issue confronting the world.
A WEEK before the tabling of Budget 2020, this column highlighted that the budget will likely be a non-event as far as the market is concerned for the simple reason that the government’s finances are tight and it cannot simply afford the many wishes of the wide range of stakeholders.
PETALING JAYA: KNM Group Bhd has received a RM51.48mil contract to supply Petrofac Ltd with pressure vessels and columns for the Ain Tsila Development Project located in Algeria.
AFTER several months of uncertainty, the government’s plan to acquire Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak) toll highways finally got the nod from the Cabinet - removing a big hurdle.
Transport Minister Anthony Loke (pic) is certainly making waves.