8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, amid a global commodity sell-off triggered by the implementation of US tariffs, according to palm oil trader David Ng.
8m ago
KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower amid a global commodities sell-off triggered by uncertainty over US tariffs, said palm oil trader David Ng.
8m ago
PUTRAJAYA, April 7 (Bernama) -- The newly imposed 24 per cent tariff by the United States on Malaysia may initially disrupt export flows but the country has a competitive edge over major palm oil producers, according to the Malaysian Palm Oil Board (MPOB).
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bearish bias, given the sell-off in global commodity markets, said palm oil trader David Ng.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower as the global sell-off in commodities spilled over into the palm oil market, according to palm oil trader David Ng.
8m ago
KUALA LUMPUR, April 4 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
8m ago
KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
8m ago
KUALA LUMPUR, April 2 (Bernama) -- Zema Global, a data management and analytics solutions provider, has announced the acquisition of cQuant.io, an industry leader in analytic solutions for energy and commodity companies.
9m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to gain on Friday, fuelled by a bullish rally in the Chicago Board of Trade (CBOT) soy oil futures overnight, according to an analyst.
9m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives recouped earlier losses to close higher on Thursday on improved market sentiment.
9m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed on a strong note on Wednesday, driven by bargain buying and spillover gains from Chicago Board of Trade’s (CBOT) soybean oil futures, and overnight energy prices.