The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday influenced by stronger Malaysian palm oil export in April, said a dealer.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said market sentiment was also supported by lower palm oil production which could see Malaysian palm oil stocks decrease at the end of April.

CPO futures end higher amid stronger export figures

Sugar futures rose in New York as signs of tighter supplies buoyed prices that last week slumped to the lowest in more than a year.

Sugar rises from near one-year low on signs of tighter supply

Prices of Shanghai nickel and tin jumped on Monday to multi-month highs, driven by a tighter supply outlook in China, the world's top consumer of both metals.

The most-traded June nickel contract on the Shanghai Futures Exchange (SHFE) jumped as much as 6.5% in early trade, before paring some gains and closed day-time trade at 3.1% higher at a six-month high of 143,580 yuan (RM94,759).

Shanghai nickel, tin rally to multi-month highs on supply fears

Chile imposed temporary anti-dumping tariffs on Chinese steel products used in the country’s mining industry in a bid to support faltering local mills.

Chinese steel balls and the bars used to make them will face tariffs of 33.5% and 24.9%, respectively, over the next six months, according to a decree published Saturday in the national gazette.

Chile slaps tariffs on Chinese steel to bolster local industry

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday due to persistent weakness in the soybean oil market on the Chicago Board of Trade, said a dealer.

Palm oil trader David Ng noted that market sentiment has been influenced by concerns regarding the anticipated surge in output over the coming weeks, which is perceived as exerting pressure on the market

CPO futures end lower due to weaker soybean futures

Cocoa futures hit a new high in New York — topping US$11,000 (RM52,624) a metric tonne — as the pace of processing in chocolate factories holds up even in the face of a global supply crunch and record prices.

Cocoa soars above US$11,000 a tonne as processing pace holds up

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower for the fifth consecutive day, said palm oil trader David Ng.

He said the weaker soybean oil market and lower crude oil prices continue to pile pressure on prices.

CPO futures end lower for 5th consecutive trading day

(April 18): The world of chocolate is facing such immense cocoa shortages that the wild trading lured an unlikely player — Pierre Andurand, a hedge-fund manager best known for his bets on oil.

Why the world of chocolate is in crisis

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, owing to weakness in the soybean oil futures on the Chicago Board of Trade and lower crude oil prices.

Palm oil trader David Ng told Bernama that the weaker market sentiment, however, was limited by the expectation of a stronger demand in the coming weeks.

CPO futures ends lower amid weaker soybean oil futures, oil prices

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed weaker on Monday due to concerns over the rising output of the commodity, coupled with weaker demand.

Palm oil trader David Ng said the expectation of lower demand post-festivity weighed on sentiment despite the Malaysian Palm Oil Board (MPOB) reporting lower stock levels last month.

CPO futures end lower due to concerns over rising output, weaker demand

Aluminium surged by a record on the London Metal Exchange (LME) as traders responded to new US and UK sanctions that banned deliveries of Russian supplies produced after midnight on Friday.

Metals spike as sanctions on new Russian supplies rattle LME

An unprecedented squeeze in the market for copper ore has fired up bullish investors and helped drive prices to the highest in nearly two years.

The market for semi-processed copper ore, known as concentrates, has never been as tight as now, according to several veteran traders with decades of experience. Across the market, traders and smelters are paying roughly the same price for copper ore as the copper contained in it would fetch once processed — a highly unusual situation that points to a shortage of immediately available supplies.

An eye-watering squeeze in copper ore is firing up the bulls

Crude palm oil futures contract on Bursa Malaysia Derivatives closed lower, following the weakness of soybean oil futures on Chicago Board of Trade (CBOT).

The CBOT’s soy oil futures fell 0.4% on Friday.

CPO futures end lower, in line with CBOT soybean oil weakness

Copper continued its upwards charge, hitting the highest level since June 2022 as investors bet that curtailed ore supply will struggle to keep up with resurgent global demand.

Copper rally continues with surge to highest in 22 months

Swatch Group (M) Sdn Bhd said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches are sold.

Counsel Nizam Bashir representing the Swiss watch company said that if there was prior notification from the authorities that the items were undesirable, there would be no need for such government action to seize the items which had been sold since 2022. Swatch is now challenging the action.

Swatch says advocating compassion for LGBTQ is not a crime, seizure illegal

Sunway Property, the property arm of Sunway Bhd, is set to preview the first phase of Sunway Velocity 3 in Cheras, Kuala Lumpur on Saturday (May 4) in its recently opened sales gallery.

Sunway Property to preview Sunway Velocity 3 on May 4

erman police have arrested an employee of an Alternative for Germany (AfD) politician in the eastern German city of Dresden on suspicion of espionage for China, broadcasters ARD, RBB and SWR reported on Tuesday.

Staffer of Germany's AfD arrested on suspicion of China espionage — reports

Malaysia’s Single Window for the Startup Ecosystem (MYStartup), a game-changing one-stop online platform for start-ups, was launched at the KL20 Summit 2024 here on Tuesday.

MYStartup a one-stop online platform for start-ups — minister

PETALING JAYA (April 23): Tropicana Corp Bhd is partnering with Maybank Islamic Bhd to provide a home financing solution called Maybank Islamic’s HouzKEY.

Tropicana partners Maybank Islamic to offer HouzKEY home financing solution

System installation works on the East Coast Rail Link (ECRL) involving the construction of electrification, signalling and telecommunication systems for the operation of passenger and cargo trains are expected to begin in May.

ECRL system installation works to start in May

CONSTRUCTION firm GDB Holdings Bhd — which has been embroiled in disputes with KSK Group in the last two years over the development of the 8 Conlay project in Kuala Lumpur — appears to be back on investors’ radar, judging by the recent upward trend in its share price.

According to marke...

GDB Holdings a front runner for several jobs

theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia's afternoon close on Tuesday. Two stocks showed positive momentum while five indicated negative momentum.

Jasa Kita, MMS Ventures, Ancom Logistics, Aneka Jaringan, Censof, Kimlun, MClean

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

Asian shares extend gains ahead of tech earnings, yen fragile

Communications Minister Fahmi Fadzil advised media practitioners and the public against circulating video clips of a crash involving two Royal Malaysian Navy (RMN) helicopters in Lumut, Perak on Tuesday morning.

Refrain from circulating clips of RMN helicopters' crash, Fahmi advises

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 23)

Ten members of the Royal Malaysian Navy (RMN) were confirmed dead in an incident where two helicopters collided and crashed at the Royal Malaysian Navy (RMN) base in Lumut, Perak on Tuesday morning.

Two helicopters crash in Lumut, 10 confirmed killed — RMN

Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.

Topmix surges 32% on ACE Market debut

Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.

Brazil says Malaysia clears four more halal poultry plants for export

Healthcare stocks still have legs to run following the recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

KPJ near record high, IHH surges as analysts bet on more upside

Eight contractors face possible Malaysia Competition Commission (MyCC) fines for alleged bid rigging in 2019, in respect of two tenders of the Public Works Department (JKR) and one tender of the Department of Drainage and Irrigation.

Eight contractors face possible MyCC fines for bid rigging in tenders worth RM473m

Malaysia’s construction tender prices are&nbsp;expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner &amp; Townsend.

Malaysia’s construction tender prices to grow by 3% in 2024, says Turner & Townsend

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.

Ex-Umno leader ready to apologise in contempt of court case

Hong Leong Investment Bank (HLIB) has a “trading buy” rating on SDS Group Bhd and said with 33 of its F&amp;B outlets situated across Johor state, and a wholesale segment that is focusing in this region, SDS appears strategically positioned to leverage the burgeoning vibrancy in Johor, propelled further by the continuous influx of visitors from Singapore.

SDS strategically positioned to leverage burgeoning vibrancy in Johor, says HLIB 

Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.

October hearing for Rosmah's appeal in solar project graft trial

Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.

Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo

Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.

Bursa up in early trade, tracking Wall Street overnight

Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.

Malton unveils River Park's final tower

Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.

Wall Street stocks end higher with major corporate earnings in view

Rakuten Trade has a “buy” rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen, with a fair value of 40 sen based on financial year 2024 (FY2024) forecast price-earnings (PE) of 15x, in line with industry peers.

Rakuten Trade values Topmix at 40 sen, expects FY2023-FY2026 earnings to grow at CAGR of 25%

South Korea is emerging as a closely watched weak link in the US$63 trillion (RM298.95 billion) world of shadow banking.

Shadow banking stress in South Korea sends warning to global investors

Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;

However, AirAsia Consulting has yet to submit any price bid since due diligence has not been carried out, its chief executive officer Subashini Silvadas told The Edge on Tuesday.

Capital A’s unit in RFQ process for SriLankan Airlines, no price bid yet

In Part 1, I outlined three possible scenarios for voter turnout and support for the DAP/PH/unity government candidate in the upcoming by-election in Kuala Kubu Baharu (KKB), out of which there is only one scenario where the incumbent manages to defend the seat. In this concluding part of this article, I will outline some of the likely and desired parameters of contestation during the campaign.

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