Day: January 5, 2024

Palm Oil Trades Higher

Malaysian palm oil futures increased after slipping in the prior four sessions, hovering near MYR 3,660 per tonne, supported by robust demand from top buyer India. In December, palm oil imports from the South Asia nation rose to...

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Dollar Rally Pauses

The dollar index edged lower to 102.2 on Thursday, pausing after a four-day rally that lifted the greenback from a six-month low. FOMC minutes released Wednesday showed Fed officials are likely to lower interest rates in 2024...

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Oil Extends Losses after EIA Data

WTI crude futures declined below $72 per barrel on Thursday, following a 3.3% increase in the previous session as investors considered the latest EIA report and kept an eye on protests in Libya and escalating tensions in the...

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Prabowo Delays Second-Hand Mirage’s Acquisition

Prabowo Subianto, in his capacity as the minister of defense, has decided to delay the acquisition of secondhand Mirage 2000-5 fighters from Qatar. The decision is worth highlighting because it is taken only a few days before the presidential debate, in which Prabowo will engage with his two contenders, Ganjar Pranowo and Anies Baswedan.

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Jokowi on UN & Party Chairman Rumors

Recently, President Joko “Jokowi” Widodo addressed rumors about him becoming the secretary general of the United Nations (UN) or a chairman of a political party once his term ends this year in October 2024. Let’s talk a bit about it.

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