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KUALA LUMPUR: Malaysia’s crude palm oil (CPO) futures benchmark price may trade higher in June and July at RM2,400 per tonne if the world’s second largest edible oil producer maintains its higher export figures, including its export to India, Palm Oil Analytics owner and co-founder Dr Sathia Varqa said.
JAKARTA: Indonesia will keep its export tax for crude palm oil at zero for a third month in June, the country's trade ministry said.
NEW YORK: Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact and on falling crude production.
MALAKOFF Corp Bhd’s acquisition of Alam Flora Sdn Bhd could not have come at a better time.
THE country’s biggest refined sugar producer, which has been loss-making for six consecutive quarters and beset by overcapacity, is confident that the light at the end of the tunnel is turning brighter.
AMID a short working week due to Memorial Day, the US dollar witnessed a sell-off, losing 1.48% to 98.38, underpinned by global risk-on sentiment – which led to robust buying in the equity space with the Dow Jones rising 3.8% week-on-week (w/w) to 25,401 while the S&P 500 climbing 2.5% w/w to 3,030.
The actress shares she had a blast working on the Netflix comedy series, even though she was there only for a short time.
Comedy-drama film 'The High Note' takes place in Los Angeles' dazzling music scene, and costume designer Jenny Eagan knew just how to dress her characters.
XAG, one of China’s largest makers of agricultural drones, expects its JetSeed direct seeding system to become more widely adopted. Competition with DJI in China remains heated, as the world’s biggest maker of commercial drones sharpens its focus on industrial applications.
TOKYO: Shimano Inc, a 99-year-old Japanese maker of brakes, gears and components, is poised to take advantage of the global surge in demand for bicycles across the globe as people embrace new modes of transportation due to the coronavirus pandemic.