News
Shares cautious, US yield curve deep in recession territory
SYDNEY (Nov 18): Asian shares were in a cautious mood on Friday (Nov 18) after US Federal Reserve (Fed) officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncerta
16.4% fall in Malaysia's Q3 NR production
The Department of Statistics Malaysia (D0SM) has released data for the country’s natural rubber (NR) production and consumption for September 2022.
$134Mn investment in rubber cultivation in north-eastern India and West Bengal by tire makers
Efforts are underway to ensure that India’s north-eastern region, comprising the seven “sister states” states-the contiguous states of Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura
Top Glove halts dividend payout to preserve cash
KUALA LUMPUR (Oct 7): Top Glove Corp Bhd is halting its dividend payout to preserve cash holdings, after its plant utilisation (PU) rate declined from 52% in the second quarter ended Feb 28, 2022 (2QFY22) to 35% in 4QFY22, amid low average selling prices
Japanese rubber climbs
SINGAPORE: Japanese rubber futures rose on Thursday, supported by stronger crude prices, although trading remained thin due to the week-long holiday in top buyer China.
Ocean freight orders are signaling a big drop in consumer demand
A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop in ocean freight orders for the months of September and October. The decline in demand cuts across many products, including mac
INTERNATIONAL RUBBER ASSOCIATION
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