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KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s transition towards electric vehicles (EVs) could accelerate due to elevated crude oil prices, particularly among buyers in the premium internal combustion engine segment, according to CIMB Securities Sdn Bhd.
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PUTRAJAYA, March 26 (Bernama) -- The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices.
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By K. Naveen Prabu
KUALA LUMPUR, March 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking higher crude oil prices amid the escalation of conflict in West Asia, a trader said.
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By Mikhail Raj Abdullah
KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.
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FRANKFURT, March 26 (Bernama-dpa-AFX) -- European stocks closed on a strong note on Wednesday, as the mood turned a bit bullish amid some hopes of a de-escalation in tensions in West Asia, dpa-AFX reported.
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KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia opened higher but pared its gains thereafter despite a positive overnight performance on Wall Street, with investor sentiment expected to remain volatile in the near term.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 26 (Bernama) -- The ringgit extended its upward momentum, opening higher against the US dollar for a third consecutive day on Thursday, as market sentiment continued to hinge on prospects of a ceasefire between the United States and Iran.
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By K. Naveen Prabu
KUALA LUMPUR, March 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, tracking weaker crude oil prices amid easing US-Iran conflict, a trader said.
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By K. Naveen Prabu
KUALA LUMPUR, March 25 (Bernama) -- The Kuala Lumpur rubber market ended higher today, extending its upward trend amid gains in regional rubber futures, a trader said.
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By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 24 (Bernama) -- Global markets, including the stock and currency markets in Malaysia, urgently require clear and consistent signals from United States President Donald Trump to achieve a sustained de-escalation of the conflict in West Asia and restore stability, said economists.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia gave up early gains to end lower today as risk appetite waned as fading hopes of de-escalation in the West Asia conflict weighed on sentiment.
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By K. Naveen Prabu
KUALA LUMPUR, March 24 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by stronger crude oil prices, a trader sa