(Dec 20): Iron ore headed for a weekly loss, as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy.

Iron ore weakens as Australia flags return to sub-US$100 prices

Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mostly lower on Thursday in line with the weaker soybean oil performance on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

CPO futures close mostly lower in sync with weaker soybean oil prices

Wheat headed for the longest run of declines in more than five months on expectations for ample supply and a stronger dollar.

Wheat set for longest run of losses since June on supply outlook

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Wednesday, said palm oil trader David Ng.

He said that CPO prices hit their lowest in a month due to mounting concerns over the implementation of the biodiesel B40 programme starting next month.

CPO futures close lower amid concerns over B40 biodiesel implementation

Cocoa futures climbed above US$12,000 (RM53,616) a tonne in New York, reaching a fresh record amid mounting worries over reduced output in top grower Ivory Coast.

Cocoa soars above US$12,000 to reach fresh record on supply fears

Global demand for coal is set to hit fresh records every year through at least 2027, International Energy Agency data show, overturning a previous estimate that it peaked last year, highlighting the challenges to limiting emissions that cause global warming.

Coal demand to continue hitting records through 2027, IEA says

(Dec 16): Cocoa futures reached a fresh record in New York as the market grapples with renewed supply concerns, heightening the odds that the high costs already plaguing chocolatiers and consumers will worsen.

Prices for the crop soared earlier this year as weak harvests in West Africa ...

Cocoa soars to fresh record in blow to world’s chocolate supply

Export of palm oil and related products reached RM99.3 billion in January-November 2024, an increase of RM12.5 billion compared to the same period in 2023.

Export of palm oil, related products hit RM99.3b in Jan-Nov 2024 — Johari  

NEW DELHI (Dec 13): London copper prices nudged lower on Friday and were on track for weekly losses, on the back of a stronger US dollar and lack of clarity around China's stimulus measures.

Copper eases on firm dollar, lack of clarity around China stimulus; set for weekly loss

Chicago Board of Trade (CBOT) corn and wheat futures fell back on Thursday on a stronger dollar following rate cuts by the European Central Bank, technical trading and slower-than-anticipated weekly export sales, according to analysts.

Corn, wheat prices fall as dollar gains, export sales disappoint

PORT KLANG (Dec 12): Malaysia’s rubber industry has recorded many achievements through the Malaysian Sustainable Natural Rubber (MSNR) initiative, which was implemented to ensure rubber remains a commodity that can compete in international markets.

Govt initiavive ensures Malaysian rubber remains competitive in international markets — minister

(Dec 12): Base metals and iron ore advanced ahead of the conclusion of a key policy meeting in China, where leaders are expected to map out next year’s economic priorities.

Metals rise before outcome of China’s top economic policy meet

(Dec 11): China’s corn imports are expected to total just 14 million tonnes in the current season, less than half of their peak during a buying spree a few years ago, according to the US Department of Agriculture (USDA).

China’s falling corn imports show hit to consumer confidence

Coffee hit a record high in New York, on mounting worries over a global supply crunch that have made it one of this year’s hottest commodities.

Coffee crunch sends arabica to record and risks costlier drinks

Pahang Islamic Affairs, Rural Development, and Orang Asli Affairs Committee chairman Datuk Seri Syed Ibrahim Syed Ahmad has confirmed that a video alleging the allocation of durian plantation land in Pahang to retired soldiers is fake.

Video alleging durian land allocation is actually Skim Tanah Rakyat land rights handover, says Pahang MP's rep

The launch of a new direct route from Chennai to Penang, via IndiGo, commencing on Saturday, marks a significant milestone in enhancing connectivity, generating economic opportunities, and solidifying Penang’s position as a regional air travel hub.

Direct route from Chennai elevates Penang as key regional air travel hub, says exco

The world’s biggest stablecoin issuer, Tether Holdings Ltd, is on track to close the year with more than US$10 billion (RM45.07 billion) in net profits, chief executive officer Paolo Ardoino said in an interview.

World’s largest stablecoin issuer Tether sees US$10b in net profits for 2024

BNP Paribas SA finalised the €5.1 billion (US$5.3 billion or RM24.0 billion) purchase of Axa SA’s asset management unit, in the biggest acquisition under chief executive officer Jean-Laurent Bonnafe.

BNP Paribas signs €5.1b deal to buy Axa’s asset manager

At least five people were killed in a car-ramming attack at a German Christmas market in the city of Magdeburg that also left more than 200 injured, officials said, and a Saudi man was arrested on suspicion of driving a car into the crowd.

Death toll in German Christmas market car-ramming rises to five, more than 200 injured

UK Prime Minister Keir Starmer’s pursuit of closer ties with China has raised private questions from Donald Trump’s incoming administration, European diplomats and even some senior British officials.

UK's Starmer is deepening China ties while allies turn away

The US Congress passed spending legislation early on Saturday in a down-to-the wire burst of activity that will avert a destabilising government shutdown ahead of the busy holiday travel season.

US Senate passes govt funding bill, averts shutdown

Honda and Nissan are considering producing vehicles in one another's factories as part of their plan to deepen ties and potentially merge, Japan's Kyodo news agency said on Saturday.

Honda and Nissan mulling mutual production of vehicles, Kyodo reports

The Cabinet draft paper on the separation of powers between the attorney general (AG) and the public prosecutor (PP) is expected to be ready by the middle of next year, said Prime Minister Datuk Seri Anwar Ibrahim.

Draft paper on separation of AG powers expected to be ready by mid-2025 — PM

The government will continue its Special Appreciation for Pensioners (PKKP) initiative, aimed at supporting affected pensioners and derivative pension recipients, to ensure the welfare of this group is well taken care of.

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