3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher on Thursday, driven by expectations of weaker output in the coming weeks, coupled with stronger soybean oil prices, said palm oil trader David Ng.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian rubber market extended yesterday’s uptrend at the close on Thursday, in tandem with regional rubber futures, following the return of Chinese buyers to the market amid steady crude oil prices, said a dealer.
3m ago
KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.
3m ago
KUALA LUMPUR, Oct 9 (Bernama) -- Growth in the ASEAN+3 region is projected at 4.1 per cent in 2025 and 3.8 per cent in 2026, an upward revision from July’s forecast, supported by robust first-half performance and stronger-than-expected export momentum.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close higher on Wednesday, rising above RM4,500 a tonne on anticipation of weaker output in the coming weeks.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) -- The Malaysian rubber market closed higher on Wednesday, tracking gains in regional rubber futures and oil prices, supported by a weaker ringgit against the US dollar, a dealer said.
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- Rubber glove stocks rose in early trade on Wednesday, driven by a positive sector outlook, Kenanga Investment Bank Bhd said, amid ongoing US-China geopolitical tensions.
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the opening today, supported by positive sentiment ahead of the tabling of the national budget this Friday.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 7 (Bernama) -- The Malaysian rubber market closed lower on Tuesday, tracking the downtrend in regional rubber futures and as the ringgit remained flat against the US dollar, said a dealer.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 6 (Bernama) -- The Malaysian rubber market continued to close higher on Monday, supported by firmer regional rubber futures and stable crude oil prices amid ongoing supply concerns due to the rainy season in major producing countries, said a dealer.
3m ago
KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia is expected to remain volatile next week, if the United States (US) federal government shutdown persists, said an analyst.