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MUMBAI: India has cut base import taxes on palm oil, soyoil and sunflower oil, a government order showed, as the world's biggest vegetable oil buyer tries to cool near-record price rises.
MICHIGAN: Ford Motor Co overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.
NEW YORK: Shares of AMC Entertainment Holdings Inc surged to a record high this week in a blistering rally that again highlighted how an arcane options market dynamic known as a gamma squeeze can super-charge stock price gains.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid a slowdown in demand post-Eid al-Fitr festive season with price hovering between RM3,800 and RM3,900 per tonne.
An oil painting on canvas entitled Portrait de Mademoiselle Phương (Portrait of Mademoiselle Phuong) by painter Mai Trung Thu has sold at an auction for the highest price paid for Vietnamese art.
PETALING JAYA: TIME dotCom Bhd has proposed to issue two new free stocks for every one share held by investors, with the counter hovering at near record price levels.
KUALA LUMPUR: Time dotCom Bhd has proposed to issue two new free stocks for every one share held by investors, with the counter hovering at near record price levels
The portrait, believed to have been painted in the 1480s, smashed the record price for Botticelli.
CHICAGO: U.S. soybean futures resumed their rally on Friday after a light setback a day earlier, climbing to 6-1/2-year highs on signs of fresh export demand and expectations that key U.S. crop reports next week will indicate tightening global supplies.
SINGAPORE (The Straits Times/ANN): The family of Singapore's richest billionaire, a co-founder of Sichuan hotpot chain Haidilao, is buying a freehold good class bungalow (GCB) in Gallop Road at the highest price per square foot for the area.