1d ago
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
1d ago
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.
1d ago
KUALA LUMPUR, March 1 (Bernama) -- Brent crude oil could jump by around US$20 on Monday as risk premiums are rapidly repriced unless clear and credible signals of de-escalation emerge over the weekend following the US-Israel attack on Iran, research and energy intelligence company Rystad Energy said today.
2d ago
KUALA LUMPUR, Feb 28 (Bernama) -- The 6.15 per cent dividend declared by the Employees Provident Fund (EPF) today will be credited into Akaun Fleksibel (Account 3 or the flexible account) based on the balance in that account, according to chief executive officer Ahmad Zulqarnain Onn.
3d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday amid a softer greenback and uncertainty concerning the US-Iran nuclear deal.
3d ago
PUTRAJAYA, Feb 27 (Bernama) -- The Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani will liaise with his US counterpart regarding the implications of the US Supreme Court ruling on the Agreement of Reciprocal Trade (ART) and the new tariffs announced by US President Donald Trump.
3d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit closed mostly higher against ASEAN currencies on Friday but eased against the US dollar and other major currencies as traders remained cautious amid geopolitical risks and uncertainties over US tariffs.
3d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Business sentiment remained positive in the first quarter of 2026 (1Q 2026), supported by a Confidence Indicator (CI) of 4.0 per cent, down from 6.2 per cent in the previous quarter, the Department of Statistics Malaysia (DOSM) said.
3d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
4d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower on Thursday despite persisting uncertainty over US tariff policy and US-Iran negotiations.
4d ago
KUALA LUMPUR, Feb 26 (Bernama) — The Federation of Malaysian Manufacturing (FMM) has signed memoranda of understanding (MoUs) with four universities to encourage local manufacturers to transition from original equipment manufacturers (OEM) to original brand manufacturers (OBM).