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Search Result for “oil trading”

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WORLD

Malaysia announces adopt-an-orangutan plan for palm oil importers

Published on 18/08/2024

» SANDAKAN, Malaysia - Companies that import palm oil from Malaysia will be able to adopt orangutans but they will not be able to leave the country, the commodities minister said on Sunday, in a revised version of a conservation scheme announced earlier this year.

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WORLD

Malaysia tracking oil tanker after fire

Published on 20/07/2024

» KUALA LUMPUR - The Malaysian coast guard said on Saturday that one of the two large oil tankers involved in a collision that led to fires on both had left the location of the accident and was believed to have turned off its tracking system.

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WORLD

US, UK hit dozens of Houthi sites in bid to end ship attacks

Published on 04/02/2024

» US forces followed up strikes on Syria and Iraq with a new round of attacks against Iran-backed Houthis in Yemen, signalling that President Joe Biden is willing to deepen US involvement in the region’s spreading conflict.

WORLD

China-Africa trade hit US$282 billion in 2023 but Africa's trade deficit widens, with commodity prices a key factor

South China Morning Post, Published on 01/02/2024

» China's total trade with Africa grew a modest 1.5 per cent in 2023 from 2022 to US$282.1 billion, but Africa's trade deficit with China widened, according to the latest Chinese customs data.

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Singapore bunker fuel schedules tighten, premiums rise on Red Sea impact

Reuters, Published on 25/01/2024

» SINGAPORE - Shippers and trading firms are facing longer waits and higher prices for low-sulphur fuel deliveries at Singapore, the world's top bunker hub, as refuelling demand rises due to ship diversions from Red Sea tensions, industry sources told Reuters.

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WORLD

Chinese foreign minister's Brazil stop yields mutual visa deal

South China Morning Post, Published on 21/01/2024

» China and Brazil have agreed to streamline visa processes to revive exchanges between the two countries to pre-pandemic levels.

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WORLD

War, weather put ocean shippers on notice for rough seas

Reuters, Published on 06/01/2024

» LOS ANGELES - Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop — but it is hardly the only issue that big carriers are facing as 2024 kicks off.

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WORLD

Stock markets mixed as trading year nears end

AFP, Published on 29/12/2023

» NEW YORK - Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.

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WORLD

Global stocks mostly rise as ECB, BoE press pause after Fed pivot

AFP, Published on 15/12/2023

» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.

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Stocks diverge at start of key week for rate calls

AFP, Published on 11/12/2023

» LONDON - Stock markets diverged on Monday ahead of a busy week for interest rate decisions from major central banks.