Futures in New York edged higher Friday but are down around 6% this week.
A former economics lecturer says even if Europe completely stops the use of palm oil tomorrow and prices drop, the market will find ways to put the commodity to its best use.
The pause on trade hostilities between the US and China has had a positive effect on oil prices.
The US-China trade war has hurt demand for raw materials, prompting authorities to project a wider fiscal deficit and increased borrowing from bond markets.
Minister Teresa Kok says this is necessary as the commodities industry is a major contributor to the country’s revenue.
Although there are big savings to be made for the everyday man, saving for that downpayment still depends on a drinker’s habits.
Economist Barjoyai Bardai calls for a focus on services, as Malaysia is too reliant on commodities.
Sources say the cuts were announced this week following an annual review of headcount across all divisions and regions.
Gold prices rally after a more than five-week low.
Good readings on US economic growth and optimistic comments from the White House lift investor sentiment,
Regional investors were in a broadly upbeat mood owing to optimism about a China-US trade deal.
Observers warned that failure to meet market expectations could lead to a sharp drop in global equities.
Markets are cautiously optimistic as US President Donald Trump is set to meet with China’s top trade negotiator in Washington on Friday.
The FTSE 100 index was higher overall despite a near 16% slump in the share price of British supermarket group Sainsbury's.
Supply deficit is likely to widen this year as stricter emissions standards increase demand for catalytic converters.
Tokyo led the slump, while Hong Kong returned from the three-day Lunar New Year break in the red.
Wall Street opened mixed, with the Dow adding 0.3% in the first minute of trading.
Oil prices rebounded gently, having tumbled the previous day on worries over a slowing global economy and political instability in key producer Venezuela.
While the majority of Asian markets fell Tuesday they did pare their losses and some even edged into positive territory.
Eurozone stocks held onto their gains in afternoon trading, while the euro clawed back ground against the dollar.
US investors turned sellers on Tuesday after Washington rejected Beijing's offer of preparatory discussions ahead of the next round of high-level negotiations.
Regional equities picked up after Bloomberg said Beijing had pledged to ramp up spending on US goods over the next five years.
Oil prices rose on the China-US tariffs report and after Opec said it had cut output.
A firmer US dollar meanwhile kept a cap on gold.