2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday, boosted by expectations of lower inventories in the coming weeks, a trader said.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
2d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).
2d ago
KUALA LUMPUR, April 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Friday after the US dollar trended lower ahead of economic data scheduled for release next week.
2d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, April 2 (Bernama) -- Malaysia Aviation Group (MAG) has reaffirmed that its Hajj flight operations for the 2026 season will proceed as scheduled despite ongoing geopolitical tensions in West Asia that have disrupted air travel in parts of the region.
2d ago
KUALA LUMPUR, April 3 (Bernama) -- Tan Sri Mohd Hassan Marican has been appointed as the chairman of the Crisis Management Task Force (PPPK) under the National Economic Action Council (MTEN) to coordinate the government's efforts to address the global energy crisis following the conflict in West Asia.
2d ago
KUALA LUMPUR, April 3 (Bernama) -- The Malaysia External Trade Development Corp (MATRADE) is stepping up efforts to strengthen bilateral trade between Malaysia and Uzbekistan, positioning the Central Asian nation as a strategic gateway to the broader regional market.
2d ago
KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.
2d ago
KUALA LUMPUR, April 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher today.
2d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
2d ago
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.
2d ago
KUALA LUMPUR, April 3 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and the president and chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB), Zou Jiayi, have discussed a sustainable development agenda covering the transition to green energy as well as the empowerment of digital infrastructure and advanced technology.