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Bursa Malaysia Up At Midday, Led By Banking, Industrial Stocks

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning trading session higher, supported by continued buying interest in heavyweights, particularly banking and industrial products counters, amid improved sentiment following the renewed US-Iran ceasefire.

Ringgit Opens Lower Vs Greenback Amid Caution Over US-Iran Talks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 23 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, weighed by cautious sentiment as traders awaited clearer outcomes from ongoing United States-Iran negotiations.

SC Named Best Regulator In Promoting Islamic Finance For Third Year Running

KUALA LUMPUR, April 22 (Bernama) -- The Securities Commission Malaysia (SC) has been honoured as the “Best Regulator in Promoting Islamic Finance” for the third consecutive year at the IFN Awards.

CPO Futures Extend Gains On Strong Soybean Oil, DCE Performance

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continue to close higher on Wednesday, supported by strong performance in related vegetable oils on the Chicago Board of Trade (CBOT) and Dalian Commodity Exchange (DCE).

Ringgit Ends Slightly Lower Against US Dollar, Firmer Vs Other Majors

By Siti Noor Afera Abu

KUALA LUMPUR, April 22 (Bernama) -- The ringgit closed slightly weaker against the US dollar on Wednesday as investors shifted towards safe-haven assets, while trading mostly higher against other major and regional currencies.

Malaysia Seen As Safe-Haven Energy Investment Hub -- MBSB

KUALA LUMPUR, April 22 (Bernama) -- Malaysia is emerging as a key investment destination in Southeast Asia (SEA), as capital shifts towards regions capable of delivering immediate or near-term energy production to offset potential supply disruptions, MBSB Investment Bank Bhd said.

Government Focuses On Policy Adjustments To Address Cost Pressures, Global Supply Crisis

KUALA LUMPUR, April 21 (Bernama) -- The government is focusing on policy adjustments to manage cost pressures while simultaneously ensuring the supply of basic necessities needed to address the impact of the global supply crisis.

Strengthen Energy, Economic Strategy Amid Global Uncertainty, ASEAN Told

BANGI, April 20 (Bernama) -- ASEAN must urgently strengthen regional coordination and craft a cohesive strategy on energy security and economic resilience in response to escalating geopolitical tensions and supply chain disruptions, said Universiti Kebangsaan Malaysia Vice-Chancellor Prof Datuk Dr Sufian Jusoh.

CPO Futures End Higher Amid Escalating West Asia Conflict

KUALA LUMPUR, April 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, amid escalating tensions in West Asia, said a trader.

Lotte Chemical Titan Unit, Indonesian Subsidiary In US$25.29 Mln Naphtha Deal

KUALA LUMPUR, April 20 (Bernama) -- Lotte Chemical Titan Holding Bhd’s wholly owned subsidiary, Lotte Chemical Titan (M) Sdn Bhd (LCTM), and its Indonesian subsidiary, PT Lotte Chemical Indonesia (LCI), have entered into a contract for the sale of naphtha worth US$25.29 million (US$1=RM3.90).

Ringgit Ends Marginally Lower Vs US Dollar

KUALA LUMPUR, April 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on Monday, remaining in a tight range as markets kept a close watch on developments in West Asia.

Rubber Market Ends Mixed, Tracking Regional Rubber Futures

KUALA LUMPUR, April 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, tracking gains in regional rubber futures amid firmer benchmark crude oil prices, said a dealer.