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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.

KLCI Futures End Higher

KUALA LUMPUR, March 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher today in sync with the underlying cash market.

Ringgit Extends Gains Against Greenback Amid Softer Oil Prices

KUALA LUMPUR, March 18 (Bernama) -- The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.

Bursa Malaysia Ends Higher Tracking Regional Gains, CI Up 1.10 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare.

Malaysia's Targeted Subsidies Expected To Moderate Inflation Pressure Amid West Asia Conflict, Says MARC

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s headline inflation is expected to remain manageable, supported by the government’s targeted subsidies, amid the West Asia conflict, according to the Malaysian Rating Corporation Bhd (MARC).

Ringgit Strengthens To Highest Level Since 2021 Against Singapore Dollar

SINGAPORE, March 18 (Bernama) -- The ringgit rose to its strongest level in five years against the Singapore dollar today, supported by higher energy prices and growing optimism over artificial intelligence (AI).

Top Glove's 2Q Net Profit Rises To RM30.76 Mln, Revenue Jumps 14 Pct

KUALA LUMPUR, March 18 (Bernama) -- Top Glove Corporation Bhd’s net profit increased to RM30.76 million in the second quarter ended Feb 28, 2026 (2Q FY2026) from RM30.28 million posted in the same quarter last year.

Toshiba Photovoltaic-Output Photocoupler Boosts Automotive SSR Reliability

KUALA LUMPUR, March 18 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has commenced volume shipments of the "TLX9920", a new photovoltaic-output photocoupler targeting solid state relays (SSR) in automotive equipment.

Bursa Malaysia Remains Higher At Midday In Sync With Regional Markets

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia remained higher at midday in sync with upbeat regional market performance.

Bursa Malaysia Remains Higher At Midday In Sync With Regional Markets

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia remained higher at midday in sync with upbeat regional market performance.

MBSB IB: High Oil Prices May Weigh On Property Sector

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s property sector could face a mild downturn if elevated oil prices persist, as higher fuel costs drive up transportation expenses, leading to increased construction costs for developers, said MBSB Investment Bank Bhd (MBSB IB).

New Hire-purchase Rules To Benefit Borrowers, Minimal Impact On Banks

KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.