• Commodities  |  OCTOBER 5, 2015 7:22AM

    Gold shines as weak US jobs data dents rate hike hopes

    Story by

    Gold jumped more than 2% on Friday and silver surged over 5% for its best day this year as weaker-than-expected US jobs data dented expectations the US Federal Reserve will raise interest rates this year, triggering short-covering. Investors raced to cover …

  • Commodities  |  OCTOBER 5, 2015 7:11AM

    Oil erases early losses to rise by 1% on Friday

    Story by

    Crude prices erased early losses to rise by 1% or more on Friday after a report showing the fifth weekly decline in the US oil rig count renewed the debate over falling production in the world’s top oil consumer. Softer-than-expected …

  • Commodities  |  OCTOBER 3, 2015 9:08PM

    Indonesia, M’sia to set up palm oil council

    Story by

    Indonesia and Malaysia plan to set up an intergovernmental organisation of palm oil producers to ensure further industry cooperation between the world’s top producers and prop up prices, ministers from both countries said. The organisation, which is going to be …

  • Commodities  |  OCTOBER 3, 2015 11:41AM

    Rubber to trade by the movement of ringgit

    Story by

    The Malaysian rubber market is expected to continue to trade mixed next week weighed by the movement of ringgit, as well as its regional peers. A dealer said the local currency, which is expected to be stable next week, would mitigate the upside …

  • Commodities  |  OCTOBER 3, 2015 11:37AM

    Tin to trade between USD15,400 – USD15,500

    Story by

    The Kuala Lumpur Tin Market (KLTM) is likely to trade between US$15,400 and US$15,500 a tonne next week, supported by continuous buying particularly from European traders, a dealer said. “We expect the European traders to maintain the metal’s prices at these levels as …

  • Commodities  |  OCTOBER 2, 2015 6:13PM

    Rubber market ends mixed

    Story by

    The Malaysian rubber market ended the week mixed with SMR prices declining and latex-in-bulk prices increasing, supported by mild buying interest, a dealer said. At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 fell 12 sen to 538 sen …

  • Commodities, Corporate, Featured and Exclusive  |  OCTOBER 2, 2015 2:50PM

    Analysts positive on plantations

    Story by

    Analysts have expressed positivity on the plantations sector, due to the weakened ringgit against the US dollar, as well as the stronger El Nino effect which will shorten the supply of crude palm oil. Both factors would in turn raise …

  • Commodities, Featured and Exclusive, Opinion  |  OCTOBER 2, 2015 2:25PM

    Why commodities are back in the 1990s

    Story by

    The chart above is the Bloomberg Commodity Index. It consists of baskets of common commodities, including energy, metals, foodstuffs, softs and precious metals. After a fairly flat period in the 1990s, the index leapt upward beginning in the early 2000s. …

  • Commodities  |  OCTOBER 2, 2015 1:21PM

    KLTM ends US$20 higher at US$15,440 a tonne

    Story by

    The Kuala Lumpur Tin Market (KLTM) was firmer by US$20 to close at US$15,440 a tonne today, driven by foreign buying interest, says a dealer. He said the KLTM price also tracked the price on the London Metal Exchange (LME) which closed at …

  • Commodities, Featured and Exclusive  |  OCTOBER 2, 2015 1:18PM

    Jim Rogers: Oil price rebound may be near

    Story by

    Investor Jim Rogers says: "When there’s bad news and something doesn’t decline, it usually means it’s at a bottom and will be turning."