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Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves

By Siti Radziah Hamzah

KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran. 

Short Selling Of Three O&G Companies' Shares Suspended Today

KUALA LUMPUR, March 10 (Bernama) -- The short selling under intraday short-selling (IDSS) for three oil and gas-related (O&G) companies on Bursa Malaysia has been suspended for the rest of the day today.

Bursa Malaysia Opens Higher As Wall Street Rebound Lifts Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking Wall Street’s rebound after US President Donald Trump signalled that the conflict with Iran could end soon.

Ringgit Opens Firmer Against US Dollar Amid Improved Risk Sentiment

By Karina Imran

KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by improved risk sentiment, although caution lingered in global markets amid the ongoing US-Iran conflict, an analyst said.

Lufthansa Sees Malaysia As Lucrative Aviation Market For Leisure, Business Travel

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 9 (Bernama) -- The Lufthansa Group, which is strengthening its presence in Southeast Asia, views Malaysia as a lucrative aviation market, especially for leisure and business travellers as airlines recalibrate networks and seek growth opportunities beyond the increasingly volatile Middle East region.

Bursa Malaysia Opens Lower As Oil Price Surge Weighs

KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance overnight as sentiment was dented by a spike in crude oil prices, with Brent crude hovering above US$105 per barrel.

Petronas Chemicals Lifts Bursa Malaysia's Key Index To End Higher

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index ended the week slightly higher, driven by strong buying interest in Petronas Chemicals, which surged by more than 20 per cent as investors viewed it as a potential beneficiary of the Iran crisis due to its domestic feedstock supply and cost advantages. 

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.

Ringgit Rebounds Against US Dollar On Renewed Demand

KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.

GE Aerospace Ramps Up APAC Investment, Malaysia As MRO Growth Hub

By Kisho Kumari Sucedaram

 

KUALA LUMPUR, March 4 (Bernama) -- GE Aerospace has accelerated investments in Asia Pacific (APAC) with Malaysia as the cornerstone for its regional maintenance, repair and overhaul (MRO) expansion strategy, as the aerospace major prepares for sustained growth in post-pandemic air travel demand.

MBSB IB To Keep Ringgit's Average Forecast Around 4.00 vs US Dollar In 2026

KUALA LUMPUR, March 3 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is keeping its baseline forecast for the ringgit to continue to strengthen further against the US dollar, averaging in 2026 to around RM4.00 (2025: RM4.28). 

Bargain Hunting Lifts Bursa Malaysia In Early Trade

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday as bargain hunting emerged after yesterday’s sell-off.