Gold Futures Close Lower On Profit-taking

KUALA LUMPUR, April 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, despite gains on the United States COMEX gold market, as profit-taking emerged after recent advances.

Malaysia Can Withstand Global Uncertainties Amid Strong Economic Fundamentals -- Economist

BANGI, April 7 (Bernama) -- Malaysia’s strong economic fundamentals have enabled the country to face and weather global uncertainties, including protracted conflicts in West Asia, said Ambank Group chief economist Firdaos Rosli.

CPO Futures Slip On Cautious Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower due to cautious sentiment as investors await upcoming palm oil production outlook data from the Malaysian Palm Oil Association.

Sunway, IJM Takeover Lapses After Failing To Meet 50 Pct Voting Shares

KUALA LUMPUR, April 6 (Bernama) -- Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank Investment Bank Bhd (Maybank IB).

Gold Futures End Higher, Tracking US COMEX Gains

KUALA LUMPUR, April 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains on the United States COMEX gold market.

Gold Futures Likely To See Cautious Trading Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.

CPO Futures To Trade Higher Next Week Amid West Asia Conflict

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week amid the ongoing crisis in West Asia, a trader said.

CPO Futures End Higher On Lower Inventory Expectations

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday, boosted by expectations of lower inventories in the coming weeks, a trader said.

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

Gold Futures End Higher

KUALA LUMPUR, April 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Friday after the US dollar trended lower ahead of economic data scheduled for release next week.

Malaysia Records Sales Of Over RM200 Mln At China Food And Drinks Fair

KUALA LUMPUR, April 3 (Bernama) -- Malaysia secured sales of more than RM200 million at the 114th China Food and Drinks Fair (CFDF) last month through the participation of the Malaysia External Trade Development Corporation (MATRADE) in collaboration with Messe Worldwide Sdn Bhd.

LIAM Appoints Pauline Teoh As New President

KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.