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Ringgit Opens Higher Against Greenback As West Asia Conflict Shows Signs Of De-Escalation

By Danni Haizal Danial Donald

KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as global risk sentiment improved after US President Donald Trump signalled a de-escalation in the West Asia conflict.

Asian Stocks Plunge Following Trump's Ultimatum To Iran

TOKYO, March 23 (Bernama-dpa) -- Asian markets opened sharply lower on Monday following an ultimatum from US President Donald Trump to Iran, reported Geman Press Agency (dpa). 

Gold Prices See Biggest Weekly Drop Since 1983

ISTANBUL, March 21 (Bernama-Anadolu) -- The price of gold saw the biggest weekly drop since 1983, decreasing more than 10 per cent to below US$4,500 threshold on Friday.

Ringgit Set To Remain Stable At 3.95 Level Against US Dollar Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, March 21 (Bernama) -- The ringgit is expected to remain stable next week, trading at around the 3.95 level against the US dollar amid the festive period.

CPO Futures Seen Trading Higher Next Week Amid Rising Energy Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week amid the conflict in West Asia.

European Central Bank Leaves Rates Unchanged Amidst Heightened Geopolitical Tensions

FRANKFURT, March 20 (Bernama-Xinhua) -- The European Central Bank (ECB) on Thursday kept key interest rates unchanged as heightened geopolitical tensions weigh on the outlook of inflation and economy in the euro area, reported Xinhua.

Social Media Sparks Rapid Growth In Malaysia’s “Durian Tourism”

KUALA LUMPUR, March 20 (Bernama) — Malaysia has seen a growing “durian tourism” trend, with international visitors, particularly those from China, increasingly building short breaks and day trips around peak durian seasons and well-known producing areas, which appeal is both culinary and experiential.

IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

European Energy Prices Rise Amid West Asia Tensions

LONDON, March 19 (Bernama-Xinhua) -- European gas and oil prices rose sharply in early trading on Thursday as escalating tensions in West Asia and attacks on energy infrastructure in Qatar and Iran have heightened concerns over supply disruptions, reported Xinhua.

Iran Action May Send Oil To US$120 A Barrel, Asia To Bear The Brunt -- Rystad Energy

KUALA LUMPUR, March 19 (Bernama) -- Oil prices could hit US$120 (US$1=RM3.93) per barrel if Iranian authorities act on their implied threat to strike on five facilities across Saudi Arabia, the United Arab Emirates (UAE) and Qatar, with Asia bearing the brunt given its dependence on Qatari volumes, according to an analyst.

Ringgit Eases Against Greenback After US Fed Keeps Interest Rates Unchanged

By Danni Haizal Danial Donald

KUALA LUMPUR, March 19 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback.

Kao Bioré Expands Into South Korea With Global Campaign Featuring Stray Kids

KUALA LUMPUR, March 19 (Bernama) -- Kao Corporation, a Japan-based manufacturer of cosmetics, personal care and household products, announced its skincare brand Bioré will accelerate its international expansion as it enters the South Korean market and rolls out a globally unified campaign.