Commodity market

Malaysian palm oil drops over 1% on profit-taking

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange lost RM49.

Coffee’s coming glut may not be enough to calm volatile prices

The 2026-27 season is widely expected to produce the biggest surplus in years, helped by a potential record crop in the world’s top grower.

Gold slumps as faster US inflation stokes Fed rate hike wagers

Further disruptions to Middle East oil supplies stemming from the Iran war are feared to fuel inflation.

Malaysian King buys stake in miner expanding into rare earths

Malaysia’s King Sultan Ibrahim Sultan Iskandar bought 2.25% of the firm’s issued shares from its managing director Pek Kok Sam at $0.425 per share.

US judge authorises fund to subpoena New York Fed for documents related to Radiant World

Investment fund Mariner Atlantic Multi-Strategy LLC has filed a criminal complaint in Switzerland against iron ore trader Radiant World.

Radiant World misses salary payments for employees in September

A number of banks have cut Radiant World off since Bloomberg first reported in July on creditors’ concerns that the iron ore trader had been raising money using falsified documents.

US fund accuses iron ore trader Radiant World of fraud in Swiss complaint

The Swiss complaint also names Sapphire Minmetals Corporation, along with Radiant World’s local subsidiary and Radiant World founder Pinkesh Nahar.

Radiant World deepens job cuts after founder loses control of firm

The latest reductions in Radiant World include staff working in operations and execution for base metals.

Vitol told Deutsche Bank AG that Radiant World contracts with CFO’s signature were fake

Bloomberg reported in July that top traders including Vitol had halted business with Radiant World amid concerns that it had supplied banks with fake documents to obtain loans.

Singapore judge raises doubts iron ore trader Radiant World is owed over $1.3b

Radiant World, battling demands from creditors, was placed under interim judicial management on Sept 24.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.