KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Friday, supported by stronger soybean oil prices, said a trader.
KUALA LUMPUR, May 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance in the United States COMEX market as the US dollar strengthened on higher crude oil prices which raised expectations for interest rate hikes by the US Federal Reserve.
By Harizah Hanim Mohamed
KUALA LUMPUR, May 22 (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions.
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight gains as hopes grew for a resolution of the West Asia conflict, coupled with positive domestic economic data.
KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Friday, supported by easing geopolitical tensions in West Asia and Malaysia’s improving macroeconomic outlook.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives fell on Thursday amid uncertainty over Indonesia’s export policy, which triggered panic selling, said an analyst.
KUALA LUMPUR, May 21 (Bernama) -- TH Plantations Bhd’s net profit eased by 9.49 per cent to RM11.62 million in the first quarter ended March 31, 2026 (1Q 2026) compared with RM12.84 million in the same period last year.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
