Gold bulls cut wagers on signs US growth quickens
CHICAGO: Hedge funds lowered bullish gold bets for the first time in five weeks as signs of accelerating US growth…
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Asia’s exports stutter as it misses out on US revival
HONG KONG: The US economy may have stopped sneezing, but Asia’s exports are still laid up with a nasty cold.…
Fonterra apologises over milk scare, denies cover-up
BEIJING: New Zealand dairy giant Fonterra apologised yesterday for a botulism scare that saw product recalls in China but denied…
European stocks, euro higher on eurozone data
Europe’s main stock markets rose on Monday as positive eurozone data helped to offset weaker-than-expected profits at global banking giant…
Plywood prices to go up with increasing exports to Japan
KUCHING: Although plywood prices has not moved much as of late, analysts are confident that a rerating was soon on…
Gold price to stay between US$1,050-US$1,550 per ounce -Public Gold
KUALA LUMPUR: Gold prices are expected to remain within the range of US$1,050 to US$1,550 per ounce, said Public Gold Group…
US payrolls tumble below consensus
Fundamental Outlook US payrolls fell short under expectation despite unemployment declining. Federal Reserve policymakers affirmed the need for further observation…
Plantation sector to receive boost in demand for CPO
KUCHING: A rise in demand for crude palm oil (CPO), coupled with declining palm oil inventory, is expected to help…