<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 3): Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.</p></div>

<div class=newsTextDataWrapInner><p>Palm oil trader David Ng said that the weakness in the soybean oil market during Asian trading hours also dampened sentiment.</p></div>

<div class=newsTextDataWrapInner><p>“We see support at RM3,900 per tonne and resistance at RM4,200 per tonne,” he told Bernama.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At the close, the spot-month October 2024 contract fell RM38 to RM4,267 per tonne, while November 2024 and benchmark December 2024 declined RM14 each to RM4,232 and RM4,182 per tonne, respectively. January 2025 edged down RM7 to RM4,133.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, February 2025 rose RM1 to RM4,084 per tonne, with March 2025 marginally higher by RM8 to RM4,036 per tonne.</p></div>

<div class=newsTextDataWrapInner><p>Trading volume fell to 99,355 lots from 119,000 on Wednesday, while open interest decreased to 258,051 contracts from 262,414.</p></div>

<div class=newsTextDataWrapInner><p>The physical CPO price for October South slipped RM20 to RM4,300 per tonne.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Lam Seng Fatt</em></p></div>


Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.

Palm oil trader David Ng said that the weakness in the soybean oil market during Asian trading hours also dampened sentiment.

CPO futures close mostly lower on profit-taking after rally

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Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers.

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S P Setia Bhd (KL:SPSETIA) has officially launched its latest Australian project, Atlas Melbourne, at a preview event held at the Setia International Centre in KL Eco City on Saturday.

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British finance minister Rachel Reeves said she will introduce "guardrails" to ensure that extra borrowing for investment in her first budget is not excessive as she seeks to reassure investors about an expected rise in public debt.

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The number of oncologists in Malaysia is expected to increase to 400 by 2040, up from the current 175, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.

He stated that this target can be achieved with Malaysia’s participation in the Fellowship of the Royal College of Radiologists (FRCR) in Clinical Oncology.

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The government is working to expand the network of cancer centres in Malaysia, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

He said two new centres will be established as part of this initiative — the Northern Region Cancer Centre in Kedah and the Sarawak Cancer Centre in Kota Samarahan, Sarawak.

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Open bidding of renewable energy certificates (RECs) generated this year through the Malaysia Green Attribute Trading System (mGATS) platform will take place from the seventh to the 11th of every month, until all the RECs offered have been fully acquired.

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Wynn Resorts Ltd said it has been awarded the first commercial gaming operator’s licence in the United Arab Emirates by the country’s General Commercial Gaming Regulatory Authority.

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Boeing's and its largest union said on Friday that contract talks will resume on Oct 7, as both sides seek an agreement to end a strike by around 33,000 of the planemaker's US West Coast factory workers.

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Boustead Properties Bhd, under its Mutiara Spaces brand, has launched a new mobile app — Mutiara X Super App — on Thursday.

The app serves as a digital platform that consolidates Mutiara Spaces’ offerings into one touchpoint. It provides customers with access to exclusive rewards, extra privileges and a seamless experience across lifestyle, property and reward programmes.

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<p>Open bidding of renewable energy certificates (RECs) generated this year through the Malaysia Green Attribute Trading System (mGATS) platform will take place from the seventh to the 11th of every month, until all the RECs offered have been fully acquired.</p>


<p>The Madani government will address the issue of inflation in Budget 2025, which will be tabled on Oct 18, Prime Minister Datuk Seri Anwar Ibrahim said.</p>


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<p>Wynn Resorts Ltd said it has been awarded the first commercial gaming operator’s licence in the United Arab Emirates by the country’s General Commercial Gaming Regulatory Authority.</p>


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<p>The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


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<p>Boustead Properties Bhd, under its Mutiara Spaces brand, has launched a new mobile app — Mutiara X Super App — on Thursday.</p>

<p>The app serves as a digital platform that consolidates Mutiara Spaces’ offerings into one touchpoint. It provides customers with access to exclusive rewards, extra privileges and a seamless experience across lifestyle, property and reward programmes.</p>


<p>The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles (EVs) in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies.</p>


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<p>S P Setia Bhd (KL:SPSETIA) has officially launched its latest Australian project, Atlas Melbourne, at a preview event held at the Setia International Centre in KL Eco City on Saturday.</p>


<p>The number of oncologists in Malaysia is expected to increase to 400 by 2040, up from the current 175, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.</p>

<p>He stated that this target can be achieved with Malaysia’s participation in the Fellowship of the Royal College of Radiologists (FRCR) in Clinical Oncology.</p>


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<p>The government is working to expand the network of cancer centres in Malaysia, Deputy Prime Minister Datuk Seri Fadillah Yusof said.</p>

<p>He said two new centres will be established as part of this initiative — the Northern Region Cancer Centre in Kedah and the Sarawak Cancer Centre in Kota Samarahan, Sarawak.</p>


<p>Boeing's and its largest union said on Friday that contract talks will resume on Oct 7, as both sides seek an agreement to end a strike by around 33,000 of the planemaker's US West Coast factory workers.</p>


<p>British finance minister Rachel Reeves said she will introduce "guardrails" to ensure that extra borrowing for investment in her first budget is not excessive as she seeks to reassure investors about an expected rise in public debt.</p>


<p>Singapore’s most serious ministerial wrongdoing probe since the 1980s has led to charges levied against a billionaire best known for bringing Formula One racing to the city, and who has political ties that go back decades.</p>


<p>Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers.</p>
