SINGAPORE, June 26: Malaysian crude palm oil futures ended higher on Tuesday, supported by rising exports and concerns that drought in the United States could damage the soybean crop and limit global supplies of edible oils. But gains were limited in a choppy trading session as investors turned sceptical ahead of a summit of European leaders later this week that looks unlikely to take concrete measures.Benchmark September palm oil futures on the Bursa Malaysia Derivatives Exchange edged up 0.2 per cent to close at 3,035 ringgit ($951) per ton. Prices traded in a narrow range between 3,010 and 3,036 ringgit.Traded volumes were thin at 16,908 lots of 25 tons each, compared to the usual 25,000 lots.—Reuters

Opinion

Editorial

Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...
Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...