JAKARTA/KUALA LUMPUR, May 22 (Reuters) - The El Nino weather phenomenon predicted by meteorologists could push depressed palm oil prices as high as $700 a tonne this year, an industry group in top producer Indonesia said on Friday, although any impact
buying in construction stocks brought the Thai index to a near four-week high while Malaysian benchmark hit a two-month low as palm plantation stocks fell in a reporting season. The Thai SET index was up 0.3 percent at 1,531.28, earlier hovering around
KUALA LUMPUR, May 22 (Reuters) - Sime Darby Bhd, the world's biggest listed palm oil producer, announced on Friday a 54.7 percent drop in its third-quarter profit due to weak commodity prices.
moat trend ratings and $23 fair value estimate after meeting with CenterPoint Energy management at the AGA Financial Forum in Palm Dessert, California. Management continues to tout the strong and consistent growth of Houston Electric and the company's
global oil prices bolstered selective buying into energy and palm plantation stocks, while investors in Asia awaited economic ..... Lestari, Malaysia's IOI Corp and Thai PTT after Malaysian palm oil futures rose to five-week high on Tuesday and global oil
JAKARTA, May 11 (Reuters) - A palm oil industry body has ordered a unit of one of the world's major producers to stop buying or developing new plantations in Indonesia, in a dispute seen as a test case on expansion by agribusiness firms versus local land rights.
JAKARTA, May 6 (Reuters) - Indonesian President Joko Widodo has signed a regulation requiring exporters to pay a levy of $50 per tonne of crude palm oil (CPO) and $30 for processed palm oil product shipments, officials said on Wednesday.
KUALA LUMPUR, May 5 (Reuters) - Malaysia's Sime Darby Bhd , the world's largest listed palm oil firm, has indefinitely postponed an initial public offering of its automotive business that bankers had said could raise up to $500 million.
CAIRO, April 28 (Reuters) - Palm Hills reported a first-quarter net profit after minority interests of 215 million Egyptian pounds ($28.2 million), up from 50 million in the same period last year, Egypt's second-biggest listed property developer said on Tuesday.
BARCELONA (Thomson Reuters Foundation) - Global fast food giant McDonald's Corp has pledged to end deforestation caused by production of commodities in its supply chain, focusing on beef, coffee, palm oil, poultry and packaging.