Price
World food price index falls in February for seventh straight month, says UN agency
THE United Nations (UN) food agency’s world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising...
Mielke sees Malaysian palm oil price at RM3,800 to RM4,300 in next three months
MALAYSIAN palm oil price is seen trading in the range of RM3,800 to RM4,300 in the next three months as supplies tighten, leading industry analyst Thomas Mielke said on...
Saudis lift oil price to Asia after Opec+ extends output cuts
Saudi Arabia increased prices of its main oil grade to buyers in Asia next month after the Opec+ group agreed to extend output cuts into the middle of the...
Tesla rolls out new incentives in China as price war escalates
TESLA unveiled new incentives, including insurance subsidies, on Friday (Mar 1) to woo consumers in the world’s largest auto market, where the US electric vehicle (EV) giant is in...
BOJ chief Ueda stops short of declaring 2% price goal met
BANK of Japan (BOJ) governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank’s 2 per cent inflation target...
Alibaba unveils big cloud price cuts as AI rivalry deepens
ALIBABA Group Holding is rolling out its second major price cut for cloud services in years, aiming to win back users from rivals such as Tencent Holdings competing to...
First Resources H2 profit falls 62.5% on palm oil price downturn
FIRST Resources posted a 62.5 per cent drop in net profit to US$73.9 million for its second half year ended December, from US$197.2 million in the previous corresponding period....
BYD amps up brutal China EV price war with bigger discounts on new car versions
CHINESE electric vehicle giant BYD on Wednesday (Feb 28) unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the...
