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Ringgit To Trade In Tight Range Between RM3.95 And RM3.96 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit is expected to trade in a tight range, hovering around RM3.95 to RM3.96 next week as the market anticipates more catalysts, including the upcoming US economic data.

CPO Futures To Trade Sideways Next Week, Awaiting POC2026 Outcome

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade sideways next week, as the market remains in a cautious mode awaiting catalysts from the outcomes of the 37th Palm and Lauric Oils Price Outlook Conference and Exhibition (POC2026) next week.

Gold Futures Likely To Trade Between US$4,800 And US$4,900 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade at US$4,800-US$4,900 an ounce next week, an economist said.

Rubber Market Seen Remaining Sluggish Next Week On Weaker Demand From China Ahead Of CNY

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 7 (Bernama) -- The rubber market is expected to remain sluggish next week, with the commodity’s price moving sideways with a downward bias due to weaker demand from China ahead of the upcoming Chinese New Year (CNY) holiday period.

KLCI Futures Likely To Trade Range-bound Next Week 

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound next week.

MITI Chief Secretary's Name Misused In Telegram Investment Scam

KUALA LUMPUR, Feb 6 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has confirmed that the name of its secretary-general, Datuk Hairil Yahri Yaacob, has been misused in a fake investment scheme operating via the Telegram application.

CPO Futures End Lower, Tracking Weakness In Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower, tracking the weakness in the Chicago Board of Trade (CBOT) soybean oil market, a trader said.

Melaka Targeting High-Tech Investments Through GTP Project

JASIN, Feb 6 (Bernama) -- The Melaka state government is targeting to attract more high-technology investments from Germany through the development of the German Technology Park (GTP) industrial area in Bemban.

Malaysian Economy Shows Strong Resilience Amid Global Headwinds — AMRO

SINGAPORE, Feb 6 (Bernama) -- The Malaysian economy has demonstrated notable resilience despite rising global trade protectionism and geopolitical tensions, said the ASEAN+3 Macroeconomic Research Office (AMRO).

ART Signals Strong US Investor Confidence In Malaysia - Ambassador

GEORGE TOWN, Feb 6 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States sends a strong signal of long-term economic confidence and is expected to further encourage American investments, particularly in Penang’s semiconductor and manufacturing sectors.

Gold Futures End Lower Despite US COMEX Gains

KUALA LUMPUR, Feb 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday despite gains in the US COMEX gold market.

Ringgit Ends Flat Against US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.