Market News

    Top Glove to raise selling price of products in February

    To repeat this month's two percentage point price increase to offset higher cost

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's Top Glove will raise the selling price of its products by two percentage points in February, repeating this month's move as the world's largest rubber glove producer by capacity seeks to offset higher costs, its chairman said Tuesday.

    Halcyon Agri completes acquisition of RCMA Polymer Division

    SINGAPORE—Halcyon Agri Corp. Ltd., a global natural rubber supply chain manager, has completed its acquisition of the assets and entities of the Polymer Division of RCMA Group Pte. Ltd. In doing so, the firm established a Halcyon Rubber and Plantations business unit that will be headed by Robert Meyer, Halcyon Agri executive director and CEO.