Newsfeed – Business News
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
KUALA LUMPUR: Indonesia’s decision to delay the implementation of the B50 biodiesel mandate presents Malaysia with a short-term opportunity to increase palm oil exports as the commodity’s price is kept stable by […]
FBM KLCI retreats on profit-taking despite stronger GDP data
KUALA LUMPUR: The local bourse moved into negative territory as investors took some money off the table following the recent rally, snapping a five-day winning streak amid mixed performance across […]
Oil prices inch up as market evaluates supply risks
OIL prices rose slightly on Friday as market participants weighed concerns about supply risks, though the chances of a U.S. strike on Iran have receded. Read full story Date: 16 […]
Taiwan aims to be strategic AI partner in US tariff deal
TAIPEI: Taiwan aims to become a close strategic partner with the United States in the area of artificial intelligence (AI) after striking a deal to cut tariffs and boost its […]
CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
KUALA LUMPUR: Kenanga Investment Bank Bhd expects crude palm oil (CPO) to trade around RM4,000 per tonne over 2026 from RM4,308 in 2025 on the back of a still-tight global edible oil supply despite a […]
Genting Plantations unit fined RM96.6mil by Indonesian authorities
KUALA LUMPUR: Genting Plantations Bhd said its 95%-owned indirect subsidiary, PT Susantri Permai, has been imposed an administrative fine of 396 billion rupiah (about RM96.6mil) by Indonesia’s Forest Area Enforcement […]
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
KUALA LUMPUR: Rakuten Trade has revised upward its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,810 for the full year, from an earlier target of 1,730. Read […]
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
GOLD extended its losses on Friday after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for […]
US clears FGV to export palm following WRO modification
KUALA LUMPUR: The United States has cleared FGV Holdings Bhd (FGV) to export palm oil and palm oil products to the US effective Jan 15 2026, following the modification of the Withhold […]
NEV sector surging full steam ahead
CHINA has doubled down on steering the new energy vehicle industry away from cutthroat competition toward technology-led growth, with three high-level industrial meetings this week all stressing core innovation, particularly […]