Bullish Sentiment On Equities Drags Gold Futures Lower

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives ended lower today as global sentiment turned more bullish towards equities, said SPI Asset Management managing partner Stephen Innes.

Ringgit Closes Higher Against Major Currencies, ASEAN Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The ringgit closed higher against the US dollar today, buoyed by improved regional sentiment.

Gold Futures End Mostly Higher, Gains Capped By Easing Middle East Tensions

By Abdul Hamid A Rahman

KUALA LUMPUR, June 25 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday, as easing geopolitical tensions in the Middle East capped gains, said SPI Asset Management managing partner Stephen Innes.

Ringgit Rises Against Greenback, Major Currencies At Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 25 (Bernama) -- The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback. 

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Taiwan Seeks Stronger Ties With Malaysia In AI, Sustainability, Smart Healthcare -- TAITRA

By Abdul Hamid A Rahman

KUALA LUMPUR, June 23 (Bernama) -- There are three key areas where Malaysia and Taiwan cooperation can go even further, namely artificial intelligence (AI), green sustainability, and smart healthcare, said Taiwan External Trade Development Council (Taitra) president and chief executive officer Simon Wang.

Chorsu Bazaar: The Beating Heart Of Tashkent

From Siti Radziah Hamzah

TASHKENT, June 23 (Bernama) -- “Malaysia, Malaysia! Come here, I will give you a discount!” – such was the enthusiastic greeting echoing from nearly every tea, nuts and spice stall on the upper floor of Chorsu Bazaar, one of Tashkent’s most iconic and historic markets.

CPO Futures Expected To Trade Higher Next Week On Soybean, Crude Oil Strength

By Abdul Hamid A Rahman and K. Naveen Prabu

KUALA LUMPUR, June 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, buoyed by the recent strength in soybean and crude oil prices.

Rubber Prices Likely To Trend Lower Next Week Due To Geopolitical Tensions

By Abdul Hamid A Rahman and K. Naveen Prabu

KUALA LUMPUR, June 21 (Bernama) -- The rubber market is expected to trend lower next week, weighed down by escalating geopolitical tensions in the Middle East, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

CPO Futures End Mostly Higher On Firmer Soybean Oil, Export Performance

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by firmer soybean oil prices and improved sentiment driven by recent strong export performance.

SD Guthrie, Sime Darby Property Ink JV For Carey Island Industrial Hub

KUALA LUMPUR, June 20 (Bernama) -- SD Guthrie Bhd and Sime Darby Property Bhd (SDP) have signed a joint venture agreement to develop up to 809.4 hectares of land in Carey Island, Selangor, aimed at fostering sustainable economic growth and innovation.

Rubber Market Ends Lower Following Oil Price Drop

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market ended lower today in tandem with the downtrend in the regional rubber futures markets, a dealer said.