PETALING JAYA: The Primary Industries Ministry (MPI) will not implement a floor price for rubber as it will incur high costs and encourage smuggling as global rubber prices see a downturn, the Ministry said in a statement Tuesday (Nov 6).
SINGAPORE (Reuters) - Oil prices fell on Wednesday, extending losses from the previous session, with markets well supplied amid rising production and U.S. sanction waivers that allow Iran’s biggest customers to continue buying its crude.
TOKYO (Reuters) - Wall Street stock futures and Asian shares erased losses to eke out small gains on Wednesday as early results of U.S. mid-term elections appeared to show Republicans improving their chances of retaining their grip on Congress.
SYDNEY (Reuters) - Asian stocks were hammered on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war dented risk sentiment, while sterling jumped to two-week highs on hopes of an orderly Brexit.
SINGAPORE (Reuters) - Oil prices dipped on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
SHANGHAI (Reuters) - Asian shares jumped on Friday after a phone call between the U.S. and Chinese presidents raised hopes of a thaw in trade tensions, but gains were checked by signs of slowing global growth and a warning from tech giant Apple Inc on holiday sales.