Bank Negara's international reserves at US$114.4bil as at mid-April
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$114.4 billion as at April 15, 2022. Read full story
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$114.4 billion as at April 15, 2022. Read full story
KUALA LUMPUR: It’s a sea of red on Bursa Malaysia, with over 800 counters ended in red as heavy selling bash down blue chips and small-cap stocks. Read full story
KUALA LUMPUR: The ringgit, along with other major currencies, continued to be under-pressure after expectations of a 50-basis points (bps) rate hike by the US Federal Reserve (Fed) supported the US dollar. Read full story
KUALA LUMPUR: Kuching Plywood Bhd (KPB) plans to acquire 100 per cent equity interest in Sing Chew Coldstorage Sdn Bhd (SCCS) for a cash consideration of RM20 million. Read full story
CLIMATE change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer on record, according to scientists at the Copernicus Climate Change Service. Read full story
A couple dollars more a month normally isn’t enough to move the needle, but when Americans are facing the fastest inflation in 40 years, something has got to give. And for 600,000 people in the United States and Canada, that something was their subscription to Netflix Inc. Read full story
THE hedge-fund industry’s claim that short-selling is an effective way to do environmental, social and governance (ESG) investing is questionable on several levels, according to MSCI Inc. Read full story
Dow Jones slumps over 900 points for worst daily loss in 12 years Read full story
HOUSTON: Oil slipped on Friday, posting a weekly loss of nearly 5%, on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would tighten supply. Read full story
JAKARTA:Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. Read full story
NEW YORK:Investors are hoping a flood of U.S. quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook for corporate America and bolster the case for stocks after a rocky start to the year. Read full story
Below are details on the world’s major edible oils: Read full story