Sunday, August 13th, 2017

 

Crude Palm Oil Weekly Updates – 12 August 2017

Malaysian palm oil futures reversed losses from last week and traded higher after seeing a two-week low on Monday, supported by strengthening rival edible oils on CBOT and Dalian Commodity Exchange and the weakening of palm oil currency; the ringgit. The benchmark crude palm oil futures (FCPO) contracted upwards three per cent to RM2,684 on […]


‘We are ready’ says UK, launching push to break Brexit stalemate

LONDON, Aug 13 — The UK says it is ready to move to the next phase of Brexit talks and set out details of the future relationship it wants with the European Union. Opening rounds of talks with Brussels have made little headway, with EU…


‘We are ready’ says Britain, launching push to break Brexit stalemate

LONDON, Aug 13 — Britain says it is ready to move to the next phase of Brexit talks and set out details of the future relationship it wants with the European Union. Opening rounds of talks with Brussels have made little headway, with EU…


Top 10 Malaysia Finance & Bursa News (from 6-12 Aug 2017)

Global equities Top 10 Finance and Bursa news

Sabah & Sarawak SEDC signs MOU with UDA Holdings The Sarawak Economic Development Corporation (SEDC) has entered into a Memorandum of Understanding (MOU) with a federal government linked property developer – UDA Holdings Bhd (UDA). This MOU will allow the SEDC and UDA to collaborate in identifying and developing potential land and properties of the […]


Trump to ramp up trade pressure on China with call for probe tomorrow, say US officials

WASHINGTON, Aug 13 — President Donald Trump tomorrow will order his top trade adviser to determine whether to investigate Chinese trade practices that force US firms operating in China to turn over intellectual property, senior administration…


Indonesia’s growing consumer credit market

The burgeoning purchasing power of Indonesia’s middle classes and the increasing role of alternative lenders such as multi-finance institutions are generating growth in the archipelago’s consumer finance market. As of April, consumer finance levels had risen to 252 trillion rupiah (US$19.2 billion), which was already more than the 247 trillion (US$18.8 billion) registered for all […]


US-North Korea tensions will continue to weigh on Bursa Malaysia

KUALA LUMPUR: Bursa Malaysia is likely to extend its downward trend as risk appetite for equities remains sour, with market players awaiting some positive developments from the US-North Korea geopolitical tensions to upturn sentiments. Affin Hwang Investment Bank Vice President and Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said cautious sentiments, due […]