Rubber Market Ends Mixed Amid Gains In Crude Oil Prices

KUALA LUMPUR, Nov 13 (Bernama) -- The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said.

APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk

From M. Saraswathi

LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.

CPO Futures Close Lower On Weaker Export Pace, Snapping Four-day Winning Streak

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a four-day winning streak to end lower today as a weaker export pace weighed on prices, said a dealer.

Natural Rubber Production Eases 13.9 Pct To 30,929 Tonnes In September - DOSM

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).

RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices

KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.

Bursa Malaysia Opens Higher, Tracking Overnight Wall St Gains

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher, rebounding on a stronger Wall Street performance overnight, according to an analyst.

CPO Futures Surge To RM5,200 A Tonne, Highest Since June 2022

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives surged close to RM5,200 per tonne for the January 2025 benchmark contract, reaching the highest level since June 2022, said a trader.

Ringgit Ends Lower Against US Dollar AS Investors Turn Cautious

By Anas Abu Hassan

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit retreated to close lower against the US dollar on Monday as investors turned cautious in a data-packed week that included US inflation numbers, an economist said.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

Govt Aims To Lower Fiscal Deficit To 3 Pct In Medium Term – Lim

KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

MyTourist Pass Launched To Ease Public Transport For Tourists

KUALA LUMPUR, Nov 10 (Bernama) — Prasarana Malaysia Bhd, through Rapid KL, today launched the MyTourist pass, specially designed to make it easier for domestic and international tourists to use public transportation in the federal capital.

CPO Futures At Two-year High, Prices Rally Above RM5,000 Per Tonne

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives hit a two-year high, as prices rallied to above RM5,000 per tonne, a trader said.