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Malaysian palm oil futures edges up amid uncertainty over US trade deals
Malaysian palm oil futures edges up amid uncertainty over US trade deals

New Straits Times

timea day ago

  • Business
  • New Straits Times

Malaysian palm oil futures edges up amid uncertainty over US trade deals

KUALA LUMPUR: Malaysian palm oil futures rose slightly on Tuesday, although uncertainty over potential trade deals between major Asian countries and the United States kept the market volatile. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange gained RM25, or 0.59 per cent, to RM4,250 (US$1,004.73) a tonne at the midday break. The contract lost about 2.1 per cent on Monday. Crude palm oil futures were higher following overnight strength in Chicago and South American soyoil futures, said Anilkumar Bagani, research head of Mumbai-based vegetable oil broker Sunvin Group. However, Bagani said the lack of confirmation regarding any trade deals between the US and major Asian countries, apart from Indonesia, continues to fuel volatility in the markets. "The weakness seen in Chicago soyoil and rapeseed oil, combined with a stronger Malaysian ringgit, capped the gains," he said. Dalian's most-active soyoil contract fell 0.59 per cent, while its palm oil contract shed 0.31 per cent. Soyoil prices on the Chicago Board of Trade were down 0.91 per cent. Palm oil tracks price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices edged down as concerns that the brewing trade war between major crude consumers the US and the European Union will curb fuel demand growth by lowering economic activity weighed on investor sentiment. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. The ringgit, palm's currency of trade, strengthened 0.07 per cent against the dollar, making the commodity slightly more expensive for buyers holding foreign currencies. Palm oil may retest support at RM4,198 per tonne, a break below which could open the way toward RM4,150, Reuters technical analyst Wang Tao said.

Limited edition Emirates luggage made from old planes now on sale Limited edition Emirates luggage made from old planes now on sale
Limited edition Emirates luggage made from old planes now on sale Limited edition Emirates luggage made from old planes now on sale

Time Out Dubai

time2 days ago

  • Business
  • Time Out Dubai

Limited edition Emirates luggage made from old planes now on sale Limited edition Emirates luggage made from old planes now on sale

The worst part about travelling is packing, but cute luggage helps. And now, those who love all things Emirates can get a selection of cabin bags, suitcases, backpacks and handbags by the airline for their next trip. All designed and handmade by Emirates tailors, the collection is made from upcycled materials from retrofitted aircraft. Materials used from the Aircrafted by Emirates 2025 Collection have all been gathered from the interiors of the airline's old A380 and Boeing 777 aircraft. All fabrics are freshly laundered in a facility, then further deep cleaned by hand, leather-conditioned and thoroughly disinfected before being sewn into unique pieces. New lining is added to the bags, along with functional zippers and some bags even feature actual Emirates' seatbelts as straps. The limited-edition range is on sale in the Emirates Official Store, and you won't need to feel guilty about splashing the cash as most proceeds will be donated to children in need via the Emirates Airline Foundation. A previous collection sold out in 2023. (Credit: Emirates) The latest collection features three new trolley bag styles – the most popular item from the launch collection. Backpacks and handbags are available in two different styles – one of which is made using fur from the captain's seat. Prices of each handmade item range from around Dhs290 and Dhs1,250. All bags have been designed and handmade by Emirates tailors in a dedicated cabin workshop at the airline's engineering facility in Dubai. A team of 14 tailors, known as Engineering Maintenance Assistants, work on fixing and stitching any tears in the interiors of the airline's aircraft fleet. Emirates has been retrofitting the interior cabins of 219 of its A380 and Boeing 777 aircraft, the two largest commercial aircraft types today. Several of the new-look, re-upholstered aircraft have been taking to the skies from Dubai in the past year. Jetting off soon? Everything you need to know about Al Maktoum International Airport A deep dive about the big project When is the next UAE public holiday? Your public holiday questions, answered Dubai flights: When will flydubai start operations in Al Maktoum International Airport? The budget airline will open at Al Maktoum International Airport sooner than you'd think

Zahid hails Pearly-Thinaah, Sze Fei-Izzuddin's fighting spirit after Japan Open run
Zahid hails Pearly-Thinaah, Sze Fei-Izzuddin's fighting spirit after Japan Open run

New Straits Times

time3 days ago

  • Sport
  • New Straits Times

Zahid hails Pearly-Thinaah, Sze Fei-Izzuddin's fighting spirit after Japan Open run

KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi congratulated national doubles pair Pearly Tan-M. Thinaah and Goh Sze Fei-Nur Izzuddin Rumsani for finishing runners-up in the women's and men's events, respectively, at the 2025 Japan Open badminton championships. Ahmad Zahid described the fighting spirit, high discipline and strong determination shown by the two pairs as a source of inspiration for all Malaysians. "Continue to move forward, keep fighting. Don't ever feel afraid or retreat. Every drop of sweat paves the way to even greater success. "We all stand firmly behind you. For the country, for Malaysia!" he posted on Facebook. In today's Japan Open finals, Pearly-Thinaah emerged as runners-up after losing 5-21, 14-21 to world number one Liu Sheng Shu-Tan Ning of China. Sze Fei-Nur Izzuddin, meanwhile, went down 16-21, 17-21 to South Korea's Kim Won Ho-Seo Seung Jae. As runners-up, each Malaysian pair took home USD33,250 (RM141,000). – BERNAMA

Ahmad Zahid congratules Pearly-Thinaah, Sze Fei-Nur Izzuddin for runner-up finishes
Ahmad Zahid congratules Pearly-Thinaah, Sze Fei-Nur Izzuddin for runner-up finishes

The Sun

time3 days ago

  • Sport
  • The Sun

Ahmad Zahid congratules Pearly-Thinaah, Sze Fei-Nur Izzuddin for runner-up finishes

Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has lauded national badminton pairs Pearly Tan-M. Thinaah and Goh Sze Fei-Nur Izzuddin Rumsani for their runner-up finishes at the 2025 Japan Open. Ahmad Zahid commended their fighting spirit, discipline, and determination, calling them an inspiration for Malaysians. 'Continue to move forward, keep fighting. Don't ever feel afraid or retreat. Every drop of sweat paves the way to even greater success,' he said in a Facebook post. In the finals, Pearly-Thinaah fell to China's world number one pair Liu Sheng Shu-Tan Ning with scores of 5-21, 14-21. Meanwhile, Sze Fei-Nur Izzuddin lost 16-21, 17-21 to South Korea's Kim Won Ho-Seo Seung Jae. Both Malaysian pairs earned USD33,250 (RM141,000) as runners-up. - Bernama Gold medallists China's Liu Shengshu and Tan Ning and silver medallists Malaysia's Pearly Tan and Thinaah Muralithara pose on the podium after their women's doubles final match on the final day of the Japan Open badminton tournament at Tokyo Gymnasium in Tokyo on July 20, 2025. - Yuichi YAMAZAKI / AFP

Pearly-Thinaah fall short in Japan Open 2025 Final
Pearly-Thinaah fall short in Japan Open 2025 Final

The Sun

time3 days ago

  • Sport
  • The Sun

Pearly-Thinaah fall short in Japan Open 2025 Final

PEARLY TAN -M. Thinaah stumbled in their bid to become the first Malaysian women's doubles pair to land the Japan Open title, falling to world number one Liu Sheng Shu-Tan Ning of China in the 2025 final in Tokyo today. The Super 750 final at the Tokyo Metropolitan Gymnasium began on level terms, with both pairs locked at 6-6. However, the top-seeded and defending champions Sheng Shu-Tan Ning soon took control, ramping up the pressure to pull ahead 19-10 before closing out the first game 21-15. Sheng Shu-Tan Ning picked up right where they left off in the second game, storming to a 4-0 lead and stretching it to 14-7 before winning at 21-14 to retain the title in 45 minutes. The defeat dashed Pearly-Thinaah's hopes of avenging last month's Indonesia Open final loss to the same opponents, where they went down 25-23, 12-21, 19-21. Today's result also marked Pearly-Thinaah's ninth defeat in 12 meetings against Sheng Shu-Tan Ning. As the runners-up, Pearly-Thinaah pocketed USD33,250 (around RM141,000) while Sheng Shu-Tan Ning walked away with USD70,300 (about RM298,000) as champions. The world number three pair also matched the achievement of Malaysian legends Wong Pei Tty-Chin Eei Hui, who were runners-up in the Japan Open 2008 edition. The 2022 Commonwealth Games champions have had a good season so far, capturing the Thailand Open title in May and finishing second at the Indonesia Masters in January - BERNAMA

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