Bursa Malaysia Pares Gains, Turning Lower At Midday On Cautious Sentiment

KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia pared earlier gains to end the morning session lower, as investors turned cautious ahead of the United States-Iran ceasefire deadline, coupled with selling pressure in selected financial heavyweights.

Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

Bursa Malaysia Opens Higher, Retreats On Mixed Wall Street Cues

KUALA LUMPUR, March 31 (Bernama) -- Bursa Malaysia opened higher today, but gains were short-lived, tracking the mixed overnight performance on Wall Street as investors stayed on the sidelines amid a lack of fresh leads.

Hawkish Fed Bets, Oil Shock Set To Keep Ringgit Around 4.00 Against US Dollar Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.

Gold Futures Rebound On West Asia De‑Escalation Hopes

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose on Wednesday as the de-escalation narrative surrounding the West Asia conflict made the safe-haven metal more appealing after a recent forced selloff.

Horizon Quantum Completes Business Combination, Lists On Nasdaq

KUALA LUMPUR, March 25 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum) has completed its business combination with dMY Squared Technology Group Inc (dMY), securing approximately US$120 million in gross proceeds and marking its public debut on the Nasdaq. (US$1=RM3.94)

Oil May Rise On Conflict, Fall To US$80-US$90 If War Ends By Mid-April

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 18 (Bernama) -- Crude oil prices can go even higher than current levels of US$100-US$103 per barrel if the war in West Asia continues affecting passageway in the Strait of Hormuz and supply tightness becomes more acute, Kpler senior crude oil analyst Muyu Xu said today.

EarthDaily Data Meets CEOS Analysis Ready Data Standard

KUALA LUMPUR, March 13 (Bernama) -- EarthDaily, a global Earth observation company, announced its data products have achieved CEOS Analysis Ready Data (CEOS-ARD) compliance, a globally recognised standard set by the Committee on Earth Observation Satellites (CEOS).

Bargain Hunting Lifts Bursa Malaysia To End Higher

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended higher today in line with regional equities as bargain hunting emerged after the benchmark index briefly slipped below the psychological 1,700 level in recent trading sessions.

Transport, Food Prices To Face Early Impact From Middle East Conflict -- Economists

PUTRAJAYA, March 4 (Bernama) -- Transport and food prices are expected to face the earliest and most visible pressure from the escalating geopolitical conflict in the Middle East, with economists warning that a gradual rise in living costs, as higher oil, logistics, and agricultural input costs filter through the economy.

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.

Bursa Malaysia Closes Lower On Profit-taking After Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia ended lower on Friday as investors locked in gains following a recent rally.