SINGAPORE, March 25 — Asian stocks stumbled today, dragged by a slide in Chinese tech shares after a strong rally, while investors weighed the prospect of narrower-than-feared United States tariffs and the dollar hovered near three-week highs after upbeat economic data.
SYDNEY, Sept 23 — Asian stocks were steady on Monday ahead of central bank meetings that are widely expected to deliver two more rate cuts and key US inflation figures that should flash a green light for more easing there.
KUALA LUMPUR, March 11 — Malaysia’s total palm oil stocks fell five per cent to 1.92 million tonnes at the end of February 2024 from 2.02 million tonnes in January 2024, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, Feb 15 (Bernama) -- Palm oil prices are expected to remain resilient, trading above RM3,700 in February with resistance at RM3,950 amid the weak global demand for vegetable oil.
KUALA LUMPUR, Jan 10 — Malaysia’s total palm oil stocks fell by 4.64 per cent to 2.29 million tonnes in December from 2.40 million tonnes in November, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, Dec 22 — Fitch Ratings expects Malaysian benchmark crude palm oil (CPO) spot prices to average at US$650 per tonne in 2024, substantially lower than circa-US$840 per tonne in 2023 due to higher supply.
SYDNEY, Feb 25 — Asian shares slipped on Monday as markets were forced to price in ever-loftier peaks for US and European interest rates, slugging bonds globally and pushing the dollar to multi-week highs.
HONG KONG, Feb 15 — Asian stocks slipped while the US dollar was steadfast on Wednesday, following US inflation data and remarks from central bank officials that have investors worrying interest rates are going to be higher for longer.
KUALA LUMPUR, Jan 12 — Malaysian palm oil stocks are expected to decline to around 2 million tonnes this year, compared with 2.19 million tonnes in 2022, the Malaysian Palm Oil Board (MPOB) said on Thursday.
KUALA LUMPUR, Jan 4 — CGS-CIMB Securities Sdn Bhd expects the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to finish 2023 at 1,633, up by nine per cent against 1,495 at end-2022.
REUTERS, Dec 29 — Tesla Inc Chief Executive Elon Musk told employees that they should not be "bothered by stock market craziness" after the company's shares fell nearly 70 per cent this year on jitters over softening demand for electric vehicles and Musk's distraction with running Twitter.
KUALA LUMPUR, April 22 — Malaysia’s crude palm oil (CPO) price stood at RM4,306.50 per tonne on April 21, surpassing the previous peak of RM4,270 per tonne recorded on April 9, 2021, the Malaysian Palm Oil Board (MPOB) said.
KUALA LUMPUR, Feb 5 — Almost half of the people in the T20 income group who were polled by the UCSI Poll Research Centre said they used – or would use – their i-Sinar withdrawal to invest in gold and stocks.
NEW YORK, Nov 4 — Wall Street's major averages climbed on Wednesday as investors await the outcome of the US election, Xinhua News Agency (Xinhua) reported.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.