Category: News Group

Asian Markets Mostly Advance

Asian equity markets mostly rose on Wednesday, tracking small gains on Wall Street overnight after data pointing to signs of a cooling US labor market reignited hopes for Federal Reserve interest rate cuts. Investors also...

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Palm Oil Trades Higher

Malaysian palm oil futures rose modestly to around MYR 3,940 per tonne, supported by strength in soyoil contracts in the Dalian Exchange and the CBoT. The contracts tried to recover their steepest one-day fall since May 2023 of...

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Palm Oil Extends Rise

Malaysian palm oil futures hovered above MYR 3,900 per tonne, rising for the second straight session amid rising prices for rival oils, particularly soyoil. Meanwhile, bets grew that shipments will improve, supported by signs of...

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