SINGAPORE (Reuters) - Oil prices extended losses on Wednesday, hit by a surprise build in oil inventories in the United States and as OPEC and its allies left markets in limbo by delaying a formal meeting to decide whether to increase output in January.
SYDNEY/NEW YORK (Reuters) - Asian share markets began the new month with a bang on Tuesday, buoyed by the prospect of a COVID-19 vaccine fueling a global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support.
Official reports from actual fields, related videos and photos has shown a critical situation of rubber plantations in Phang-Nga province which would affect production severely. The plantations, located in the South-western part of Thailand is within the main and crowded Natural Rubber production area, have been infected by a relatively new leave fall disease. Impacted by this disease, the trees shed their leaves and the amount of falling leaves are similar to those experienced during the annual wintering season of Hevea brasiliensis. The Rubber Authority of Thailand (RAOT) has been advising farmers not to tap or harvest rubber from the affected trees or plantations as it would make the tree even weaker.
SYDNEY/NEW YORK (Reuters) - Asian share markets opened slightly higher on Tuesday buoyed by the prospect of a COVID-19 vaccine, reversing the previous day’s dips as investors took profits at the end of a record-breaking month.
SYDNEY (Reuters) - The dollar was under pressure on Tuesday, after closing out its worst month since July with a little bounce and as investors reckon on even more U.S. monetary easing.
PHNOM PENH, Nov. 29 (Xinhua) -- Cambodia exported 242,922 tons of dry rubber in the first 10 months of 2020, up 21 percent over the same period last year, said a General Directorate of Rubber report on Sunday.
