First-quarter profit for Malaysia's Sime Darby Plantation Berhad plunged 90% year-on-year, the company said on Wednesday, due to falling palm prices and higher costs.
Indian aviation regulator Directorate General of Civil Aviation (DGCA) will conduct an audit of cash-strapped Go First Airways' preparedness to restart its operations, the company said on Tuesday night in an internal memo to employees.
Taiwan's MFIG purchasing group bought about 65,000 tonnes of animal feed corn to expected to be sourced from Brazil in an international tender on Wednesday, European traders said.
Rainbow-coloured watches made by Swatch Group that celebrate lesbian, gay, bisexual and transgender (LGBT) rights have been confiscated by authorities in Malaysia, the company said on Wednesday.
Taiwan's MFIG purchasing group bought about 65,000 tonnes of animal feed corn to expected to be sourced from Brazil in an international tender on Wednesday, European traders said.
Indonesia will allow shipments of some raw minerals to continue despite an export ban that is set to start in June, the mining minister told parliament on Wednesday.
Malaysian palm oil futures advanced on Wednesday after slumping to a more than three-week closing low, as a weaker ringgit and stronger crude futures provided support.
The U.S. needs to invest more in aviation safety technology solutions after a series of close-call runway incidents this year, the head of the U.S. National Transportation Safety Board said on Tuesday.
Malaysian palm oil futures rose on Wednesday after slumping to a more than three-week closing low, lifted by a weaker ringgit and stronger crude futures.
Prices of base metals drifted lower on Wednesday amid growing concerns over the performance of major economies and as a strong U.S. dollar made it less attractive to buy greenback-priced commodities.
Chicago wheat futures inched lower as traders locked in profits on Wednesday after a strong market performance in the previous session following heightened concerns over the Ukraine Black Sea deal despite its extension last week.
Aluminium is classified as a critical mineral by both the United States and the European Union. High energy costs, particularly in Europe, have caused multiple smelters to close or curtail output with the result that run-rates are the lowest this century.
Colombia's palm oil farmers fear a rise in criminal rackets including extortion that could harm the key cash crop, the head of a national palm oil association said on Tuesday, following the kidnapping of one of the sector's leaders last month.
The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raised nearly $62 million from investors for a sham cannabis business.
U.S. wheat futures rose 2.6% on Tuesday, bouncing from their lowest in more than two years, on concerns that Ukraine's exports were being restricted despite the extension of the Black Sea export deal, traders said.
In trading on Tuesday, shares of NovaGold Resources Inc. (Symbol: NG) crossed above their 200 day moving average of $5.49, changing hands as high as $5.52 per share. NovaGold Resources Inc. shares are currently trading up about 1.5% on the day. The chart below shows the one y
The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing safe Black Sea grain exports, a Ukrainian official said on Tuesday.
Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of quarterly results included reports from BJ's Wholesale Club Holdings and other companies that provided more disappointments for the industry.