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MBSB IB Sees Brent, CPO Holding Above Support

KUALA LUMPUR, April 14 (Bernama) -- MBSB Investment Bank Bhd expects benchmark Brent crude oil and crude palm oil (CPO) prices to remain above support levels and potentially re-test resistance at US$114 per barrel and RM4,890 per tonne, respectively, in the near term.

Bursa Malaysia Pares Losses To Open Higher, Tracking Wall Street's Gains

KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street.

ISF Group Unit Yeo Plumber Bags RM22.48 Mln Residential, Data Centre Contracts

KUALA LUMPUR, April 13 (Bernama) -- End-to-end piping solutions provider ISF Group Bhd’s wholly owned subsidiary Yeo Plumber Sdn Bhd has secured four new contracts, primarily from residential and data centre projects, with a combined value of RM22.48 million.

Malaysia, Thailand Take Different Approaches To Fuel Subsidies Amid Oil Price Volatility

By Siti Radziah Hamzah

KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.

Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.

Lack Of GCC Unity Complicates Iran War, Says Academic

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.

Rubber Market Ends Mixed Tracing Regional Rubber Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday tracing the regional rubber futures, a dealer said.

Malaysia's Growth Outlook Intact Despite The Strait Of Hormuz Blockade -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.

Bursa Malaysia Lower At Midday, Tracking Regional Peers

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in line with regional market losses, as sentiment remained volatile amid ongoing developments in the Strait of Hormuz.

AM Best To Present At Shanghai International Reinsurance Exchange Seminar

KUALA LUMPUR, April 13 (Bernama) -- Global credit rating agency, AM Best will deliver a pair of presentations as part of a half-day seminar with members of the Shanghai International Reinsurance Exchange (SIRE) on April 22, in Shanghai, China.

Global Energy Crisis: Moderation, Public Prudence Key To National Resilience

By Nurul Hanis Izmir

PUTRAJAYA, April 13 (Bernama) -- Amid global economic uncertainty driven by geopolitical tensions and volatile crude oil prices, the key question is no longer only how effectively governments can manage the crisis, but how far the public is prepared to help limit its impact.

Bursa Malaysia Opens Lower On Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by cautious sentiment as investors remained wary of uncertainties surrounding the Iran-United States ceasefire.