News
Obama Didn’t See the Big Picture
THE recent visit to Malaysia by US President Barack Obama drew significant interest – and rightly so. The United States is looking to expand its relations with Malaysia; yet, there was one comment by the US President that was deeply disturbing. He said, “In Indonesia and Malaysia, what you’ve seen i...
Obama Didn’t See the Big Picture
THE recent visit to Malaysia by US President Barack Obama drew significant interest – and rightly so. The United States is looking to expand its relations with Malaysia; yet, there was one comment by the US President that was deeply disturbing. He said, “In Indonesia and Malaysia, what you’ve seen i...
Palm Reserves in Malaysia Jumping for Second Month on Output
Palm oil stockpiles advanced for a second month – File pic Palm oil stockpiles in Malaysia, the world’s second-biggest supplier, probably advanced for a second month as output climbed to the highest level since December. Inventories increased 3 percent to 1.74 million metric tons in Apri...
Palm Futures Firmer on Sideways Trading
KUALA LUMPUR: The crude palm oil futures contract on Bursa Malaysia Derivatives traded sideways and closed on a firm note yesterday. The weakness in soyaoil prices on the Chicago Board of Trade, anticipation of higher inventories in April coupled with a stronger ringgit pressured prices downwards bu...
Palm Oil Imports Latest Casualty as China Tightens Credit
SINGAPORE/KUALA LUMPUR, May 7 (Reuters) – Chinese palm oil imports could be hit as buyers struggle for funding, the latest casualty in Beijing’s crackdown on commodity financing in the face of slowing domestic demand. That drive has already taken a toll on several products with Chinese p...
Palm Oil Imports Latest Casualty as China Tightens Credit
SINGAPORE/KUALA LUMPUR, May 7 (Reuters) – Chinese palm oil imports could be hit as buyers struggle for funding, the latest casualty in Beijing’s crackdown on commodity financing in the face of slowing domestic demand. That drive has already taken a toll on several products with Chinese p...
