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Finance & Markets

FFB recovery may drive Hap Seng's second-half performance

KUALA LUMPUR: Hap Seng Plantations Holdings Bhd may see stronger earnings in the second half of the year as fresh fruit bunch (FFB) production recovers seasonally and crude palm oil (CPO) prices remain supportive.

FFB recovery may drive Hap Seng's second-half performance

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

Read the original at nst.com.my →

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South Korean Won gains on back-to-back BoK interest rate hikes

The South Korean Won (KRW) trades higher against the US Dollar (USD) on Thursday, with USD/KRW falling 0.3% to near 1,380 during the Asian trading session. The pair revisits its 11-month low as back-to-back interest rate hikes by the Bank of Korea (BoK) have strengthened the currency.

Hike in flour, onion prices adds to consumers’ woes in Karachi

• Flour millers raise prices by up to Rs275 per 50kg bag • Naan, sheermal and taftaan rates shoot up by Rs5-10 KARACHI: Ahead of the arrival of one million tonnes of imported wheat, a fresh surge in flour prices has further pushed up the rates of various varieties of roti by Rs5-10 per piece in the metropolis.

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