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Bursa Malaysia Ends Broadly Lower As Sentiment Dampened By Middle East Conflict

KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.

DNeX, MARA Ink MoU On Developing Unified Data Intelligence Hub

PUTRAJAYA, March 2 (Bernama) -- Dagang NeXchange Bhd (DNeX) and Majlis Amanah Rakyat (MARA) have inked a memorandum of understanding (MoU) on developing a Unified Data Intelligence Hub as part of a broader artificial intelligence (AI)-driven digital transformation initiative.

Lynas' Operating License Renewal Granted By Atomic Energy Dept - Chang

KUALA LUMPUR, March 2 (Bernama) -- The government has approved the renewal of Lynas Malaysia’s operating licence for 10 years, effective tomorrow, following technical assessments, verification of legal compliance, consideration of national strategic interests, and commitments given by the company.

Ship, Cargo War Insurance Surge Amid Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.

Lynas Malaysia's Operating Licence Renewed For 10 Years

KUALA LUMPUR, March 2 (Bernama) -- Malaysia has renewed Lynas Malaysia’s operating license for 10 years, commencing tomorrow.

CGTN Releases Analysis On China’s New Quality Productive Forces

KUALA LUMPUR, March 2 (Bernama) -- Provincial government work reports from China’s Two Sessions reveal a decentralised approach to technological development, with each province carving out its niche in high-tech, high-efficiency industries.

Middle East Conflict Threatens Asia's Commodity Importers - Moody's Analytics

KUALA LUMPUR, March 2 (Bernama) -- Asia’s high-income economies, which heavily rely on commodity imports, are particularly vulnerable to the direct economic fallout from the conflict in the Middle East, according to Moody’s Analytics.

Bursa Malaysia Ends Morning Session Lower Due To Middle East Conflict

KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.

OPEC+ Latest Decision To Increase Output Signals Stockpiling Exercise - Rystad Energy

KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.

Bursa Malaysia Sees Red In Early Trade, CI Below 1,700 Points

KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia opened in the red, with the benchmark index falling more than 1.0 per cent, in line with most regional markets, amid intensified risk-off sentiment as concerns over the Middle East conflict escalated.

Market Positioning May Limit Fallout On Malaysia From Middle East Conflict - Economist

KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.

Middle East Conflict: Govt Will Try To Maintain RON95 Price Under BUDI95 Programme - PM Anwar

PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.