[ad_1] Compared to the RBA’s latest economic forecasts, Betashares chief economist, David Bassanese predicts the coming year will see stronger economic growth, lower inflation, and a “modest lift” in the…
Tag: commodities
Bursa Malaysia ends higher, winning run extends to 6th day
[ad_1] KUALA LUMPUR: Bursa Malaysia ended higher on Monday, extending its winning streak for the sixth day, with buying focused mainly on energy, banks, and commodity-related stocks. At 5 pm,…
Australian share market closes lower after mixed session on Wall Street — as it happened
[ad_1] European retail giant Carrefour will no longer sell PepsiCo products in its stores in France, Italy, Spain and Belgium after the items became too costly. Beginning on Thursday in…
Malaysia palm oil stocks hit 4-month low on output slump
[ad_1] KUALA LUMPUR: Malaysia’s palm oil stocks hit a four-month low at the end of December as production slumped to its lowest level in six months, offsetting a slowdown in…
Malaysia Palm Oil Board sees 2024 palm oil production improving
[ad_1] KUALA LUMPUR: Malaysian palm oil production in 2024 should come in at 18.75 million tons, amid improving labour conditions, industry regulator Malaysian Palm Oil Board (MPOB) said on Thursday.…
Bursa Malaysia remains higher at midday
[ad_1] KUALA LUMPUR: Bursa Malaysia stayed higher at midday, supported by the regional markets’ upbeat performance and buying activities on selected heavyweights. At 12.30 pm, the FTSE Bursa Malaysia KLCI…
Oil prices extend gains after US crude stocks draw
[ad_1] Brent crude oil price news: Oil prices inched higher on Wednesday, extending the previous day’s rally, after industry data showed US crude stocks fell more than expected last week,…
Opinion: Tesla is no longer the top electric-vehicle maker, as China turns EVs into commodities. Has peak Tesla arrived?
[ad_1] Open this photo in gallery: Tesla Model 3 vehicles at a factory in Shanghai, China, on Jan. 7, 2020.Aly Song/Reuters Making cars was always a commodity business, with low…
Live: ASX to open flat as traders watch for interest rate hints
[ad_1] Good morning and welcome to the ABC’s business and markets blog. It’s been a quiet morning so far, with investors watching closely this week for signs of interest rate…