Asia Headlines

VEGOILS-Palm climbs on weaker ringgit, overnight gains in US soyoil

Malaysian palm oil futures rose in early trade on Thursday and were headed for a second straight session of gains, on the back of a weaker ringgit and overnight gains in soyoil on the U.S. Chicago Board of Trade (CBOT). Palm oil prices are impacted by rival edible oils

TABLE-India cenbank says reverse repo bids rise to 88.37 bln rupees

The Reserve Bank of India said on Thursday it accepted all 39 bids for 88.37 billion rupees ($1.36 billion) at its one-day reverse repo auction on Wednesday, through which it absorbs liquidity from the banking system. REPO DATE BIDS BIDS FIXED RECEIVED ACCEPTED RATE No. AMT (bln No. AMT (bln (%) rupees)