Analysts say CPO prices to remain volatile on market, weather uncertainties

STORY: Analysts say CPO prices to remain volatile on market, weather uncertainties DATELINE: June 14, 2023 LENGTH: 00:02:34 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of the palm plantation area 2. various of palm trees and fruits on the tree 3. various of a backhoe loader gathering palm fruits 4. various of palm oil factory 5. various of trucks carrying a bunch of palm fruits and oil trucks on the road STORYLINE: Analysts on Tuesday expected crude palm oil (CPO) prices to remain volatile due to the market and weather uncertainties that could impact crop production and prices. Affin Hwang Investment Bank said in a note that it made no changes to its CPO average selling price assumptions of 3,800 ringgit (823 U.S. dollars) to 4,000 ringgit per ton for 2023 amid the volatility. Besides, it said that the expectation of favorable crop prospects in the United States and Canada, cautious buying due to global recessionary fears and spill-over weakness from declining energy prices, have

Hiroto Nishikawa, President and Chief Executive Officer of Nissan, at a press conference.

Hiroto Nishikawa, President and Chief Executive Officer of Nissan, at a press conference.

Nissan Motor Co., Ltd. announced on October 9 that Hiroto Nishikawa, President and Chief Executive Officer (CEO), will resign on October 16, and Yasuhiro Yamauchi, Chief Operating Officer (COO), will take over as President and CEO on the same day. At a press conference on the same day, Mr. Yasushi Kimura, Chairman of Nissan's Board of Directors, said, "It is essential to make sure that governance is effective under the new system. By changing the top management with this sense of speed, we can convince our stakeholders just in time. President Nishikawa said, "I have been able to get some idea of the 'homework' I need to fulfill. This was the earliest timing for my resignation among the various assumptions I made. In addition, the company has been working on a list of candidates both inside and outside of Nissan, which is currently being narrowed down. (September 9, 2019, Nissan Global Headquarters, Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

Japan court bans restart of Takahama nuclear reactors

Japan court bans restart of Takahama nuclear reactors

People welcome a decision on April 14, 2015, that banned Kansai Electric Power Co. from restarting two reactors at its Takahama nuclear plant in western Japan. The Fukui District Court said it cannot see credible evidence in the utility's assumptions regarding earthquake risk, and the move to restart the reactors is posing "imminent danger" to residents near the plant. (Kyodo) ==Kyodo

Japan court bans restart of Takahama nuclear reactors

Japan court bans restart of Takahama nuclear reactors

People welcome a decision on April 14, 2015, that banned Kansai Electric Power Co. from restarting two reactors at its Takahama nuclear plant in western Japan. The Fukui District Court said it cannot see credible evidence in the utility's assumptions regarding earthquake risk, and the move to restart the reactors is posing "imminent danger" to residents near the plant. (Kyodo) ==Kyodo

Japan court bans restart of Takahama nuclear reactors

Japan court bans restart of Takahama nuclear reactors

People welcome a decision on April 14, 2015, that banned Kansai Electric Power Co. from restarting two reactors at its Takahama nuclear plant in western Japan. The Fukui District Court said it cannot see credible evidence in the utility's assumptions regarding earthquake risk, and the move to restart the reactors is posing "imminent danger" to residents near the plant. (Kyodo) ==Kyodo

Japan court bans restart of Takahama nuclear reactors

Japan court bans restart of Takahama nuclear reactors

People welcome a decision on April 14, 2015, that banned Kansai Electric Power Co. from restarting two reactors at its Takahama nuclear plant in western Japan. The Fukui District Court said it cannot see credible evidence in the utility's assumptions regarding earthquake risk, and the move to restart the reactors is posing "imminent danger" to residents near the plant. (Kyodo) ==Kyodo

Ex-intelligence analyst slams Abe's national security strategy

Ex-intelligence analyst slams Abe's national security strategy

Masaru Sato, a writer and former Japanese Foreign Ministry intelligence analyst, speaks at a symposium in Tokyo on April 3, 2015, criticizing Prime Minister Shinzo Abe and the ruling coalition for leading discussions on national security legislation based on what he termed unrealistic assumptions. (Kyodo) ==Kyodo