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KUALA LUMPUR: Maybank Investment Bank Research sees stronger crude palm oil (CPO) in 2020 based on anticipated tightening of palm oil supply in 2020-2021 on biological tree stress and slower growth in mature oil palm area (due to lack of new plantings in Indonesia and Malaysia since 2015).
Climate change is fast becoming the key issue confronting the world.
NEW YORK: Signs of pressure in dollar funding markets are reappearing, with rates for repurchase agreements at elevated levels and the Federal Reserve’s overnight operation coming in fully subscribed for the first time in three weeks.
NEW YORK: Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports.
BEIJING: China’s factory deflation deepened in September due to slowing economic growth and the comparison with faster rises a year ago, even as the surge in pork prices drove consumer inflation higher.
DUBAI: In the wee hours of a sweltering Saturday in September, a volley of missiles and aerial explosives pierced the heart of Saudi Arabia’s oil industry. The attacks knocked out about 5% of global oil production almost immediately, yet one month later, they might as well never have happened.
DUBAI: Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said, as the US planemaker grapples with challenges in building the jet.
KUALA LUMPUR: Axiata Group Bhd. will refrain from undertaking mergers and acquisitions in the near term as Malaysia’s biggest wireless carrier looks to improve its operations, people with knowledge of the matter said.
KUALA LUMPUR: S&P Global Ratings sees a more challenging year for financial institutions in the Asia Pacific region in 2020.
KUALA LUMPUR: Banks in India and Indonesia are most prone to a deterioration in corporate debt repayment capacity, followed by banks in Singapore, Malaysia and China, according to Moody’s Investors Service stress test.