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  • Jan 09, 2025

Malaysian palm oil stocks hit 19-month low in December as output drops

Malaysia's palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as output dropped due to floods, data from the industry regulator showed on Friday. The drop in inventories in the world's second-largest palm oil producer after Indonesia could support benchmark futures, which have corrected sharply in recent weeks after rising to their highest in about 2-1/2 years in November. Malaysia's palm oil stocks at the end of December fell 6.91% from a month earlier to a 19-month low of 1.71 million metric tons, the Malaysian Palm Oil Board (MPOB) data showed.

  • Jan 09, 2025

India’s Small Investors Put $3 Billion in Stock Funds Last Month

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Indian retail investors kept faith in th

  • Jan 09, 2025

Chinese Stocks Head for Bear Market as Geopolitical Risks Mount

(Bloomberg) -- Chinese shares fell, pushing a closely watched benchmark toward a bear market, as geopolitical tensions simmer ahead of Donald Trump’s inauguration.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’The MSCI China Index dropped as

  • Jan 09, 2025

Cryptoverse: Next wave of US crypto ETFs already in the pipeline

That first wave of bitcoin ETFs attracted a whopping $65 billion in 2024, helping to propel the price of bitcoin from $43,000 to more than $100,000. The largest of those new products, BlackRock's iShares Bitcoin Trust, has become the most successful debut in the ETF industry's 35-year history. Shortly after those products celebrate their first anniversary on Jan. 10, President-elect Donald Trump - who has pledged to be a crypto president - will be sworn in for the second time, igniting what cryptocurrency fans believe will be a new golden era for the digital asset class.

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