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THE dollar inched up 1.02% to 97.7 partly due to the resurgence of concerns on global slowdown and the better-than-expected economic release. As the trade talks between the United States and China seem to be stalled, positive economic releases for the week pushed the dollar close to the 97 level.
PETALING JAYA: Sime Darby Bhd has walked away from buying a stake in New Britain Palm Oil Ltd (NBPOL) after the exclusivity period to conclude the deal ended.
PETALING JAYA: It will be a very close fight among plantation giants Wilmar International Ltd, Sime Darby Bhd and Felda Global Ventures Holdings Bhd (FGV) in their bid to acquire a 49% stake in New Britain Palm Oil Ltd (NBPOL) worth RM3bil, according to industry experts.
PETALING JAYA: The race to acquire a major stake in New Britain Palm Oil Ltd (NBPOL) has further intensified, with seven parties expressing interest, including four Malaysian plantation giants.
VANCOUVER: Singapore-based Woodfibre LNG signed a letter of intent on Wednesday with the province of British Columbia, advancing the company's goal of making its first liquified natural gas shipments to Asia by early 2017. The letter of intent comes just two days after Premier Christy Clark signed a similar deal with Malaysia's Petronas
What does it take to get the best out of people and palm fruit in a plantation? One company shows the way.
DUBAI: Kuwait's sovereign wealth fund said Sunday that it has no plans to sell stakes in Citigroup Inc. and Merrill Lynch Co. because it has faith in the potential of the U.S. banks.
WASHINGTON: President Barack Obama assured the nation his recovery plan was on track Monday, scrambling to calm Americans unnerved by unemployment rates still persistently rising nearly four months after he signed the biggest economic stimulus in history.