News
CME to Acquire 25 Percent Stake in Bursa’s Derivatives Business
PETALING JAYA: Bursa Malaysia Bhd (Bursa) and the Chicago Mercantile Exchange Group Inc (CME) has entered into a strategic partnership whereby the latter will acquire a 25% stake in Bursa Malaysia Derivatives for RM55 million.According to a statement to the stock exchange filed by CIMB Investment Ba...
Failure to Counter New Anti-Palm Oil Tactic Will Be Costly to Malaysia
IT may be time to sound the alarm. Fuelled by a cocktail of environmental issues, the anti-palm oil lobby in the West is gaining traction, and failure to counter this well can be costly. The lobby’s message is simple – the palm oil industry harms the planet – but once it seeps into people’s minds, [...
Palm Down on Export Drop Talk
JAKARTA: Malaysian crude palm oil futures dropped 1.4 per cent yesterday amid speculation that data due out today may show a big drop in palm oil exports during the first ten days of September, traders said. “People were talking about a 14 per cent drop in palm oil exports in the first ten days of [...