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Malaysia palm oil stocks shrink as exports jump

Malaysia palm oil stocks shrink as exports jump

Stock drops may fuel a rally in benchmark futures, now hovering near two-year highs.
Tue Nov 12 2024
Asian shares rally as China introduces largest stimulus since pandemic

Asian shares rally as China introduces largest stimulus since pandemic

Asian stocks surged on Tuesday, driven by China's central bank unveiling its boldest stimulus in years to support its economy.
Tue Sep 24 2024
Economic reforms, positive growth indicators drive foreign buying of Malaysian stocks - Tengku Zafrul

Economic reforms, positive growth indicators drive foreign buying of Malaysian stocks - Tengku Zafrul

Tengku Datuk Seri Zafrul Abdul Aziz said it reflects investors medium- and long-term confidence in the country.
Thu Jul 25 2024
Bursa Malaysia remains positive at midday

Bursa Malaysia remains positive at midday

Bursa Malaysia stayed higher at midday, supported by persistent buying in heavyweight stocks while tracking its regional peers.
Wed Jul 03 2024
Bursa opens higher on bargain hunting, breaches 1,600 points

Bursa opens higher on bargain hunting, breaches 1,600 points

The main index rises to 1,601.44, driven by investor interest in mid and small cap stocks.
Tue Jul 02 2024
Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

MPOB said the country's crude palm oil (CPO) stocks rose 1.59 per cent to 979,352 tonnes in May from 964,049 tonnes recorded in April.
Mon Jun 10 2024
Stocks sink, oil surges on reports of Middle East attacks

Stocks sink, oil surges on reports of Middle East attacks

Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

MPOB said crude palm oil (CPO) inventory decreased by 9.43 per cent to 1.20 million tonnes last month from 1.32 million tonnes in November.
Wed Jan 10 2024
India's March palm oil imports jump on discounts - Dealers

India's March palm oil imports jump on discounts - Dealers

The rise in palm oil imports by India, could help Malaysia lower its stocks and support palm oil prices, the traders said.
Wed Apr 05 2023
US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Malaysia palm oil stocks could fall below 2 mln T by end April - MPOB

Malaysia palm oil stocks could fall below 2 mln T by end April - MPOB

Palm oil inventories in Malaysia are also falling as heavy rainfall restricted production growth, Ahmad Parveez said.
Wed Mar 08 2023
Floods: KPWKM stocks up food supplies, necessities in Terengganu

Floods: KPWKM stocks up food supplies, necessities in Terengganu

KPWKM is actively restocking and sending food supplies and necessities to mini depots in all districts in Terengganu to prepare for the next wave of floods.
Thu Dec 22 2022
Malaysian currency, stocks down after inconclusive election

Malaysian currency, stocks down after inconclusive election

The ringgit MYR fell almost 0.8% against the greenback, its steepest drop in seven months as investors reacted to the prospect of prolonged instability,
Mon Nov 21 2022
Volunteers urged to buy food stock from outside flood-hit states

Volunteers urged to buy food stock from outside flood-hit states

This was to ensure that stocks of food supply and necessities in the affected states are always sufficient for the local community.
Fri Sep 23 2022
Indonesia trimming palm oil stocks with discounts, India sales

Indonesia trimming palm oil stocks with discounts, India sales

The stocks were built up during Jakarta's steady escalation of export restrictions early this year culminating in the three-week export ban.
Tue Sep 20 2022
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024