Bursa Malaysia Opens Higher Amid Possible US-Iran Renegotiations

By Abdul Hamid A Rahman

KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia opened higher today on improved sentiment amid possible renegotiations between the United States and Iran despite Wall Street closing lower overnight.

Ringgit Opens Almost Flat Against Greenback As US Extends Ceasefire With Iran

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 22 (Bernama) -- The ringgit opened almost flat against the US dollar on Wednesday as market sentiment remained cautious following news that the United States-Iran ceasefire, originally expected to expire today, has been extended to allow negotiations with Iran to conclude.

CPO Futures Rise On Strong Buying After Hitting Near Six-week Lows

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, recovering from the lowest levels seen in nearly six weeks, thanks to robust buying interest, according to a futures broker firm. 

MTEN Okays Steps To Protect Supply Chains, Domestic Industries - Akmal Nasrullah

KUALA LUMPUR, April 21 (Bernama) -- The National Economic Action Council (MTEN) today approved three proposals covering logistics facilitation, risk mitigation and market expansion to ensure supply chains and the continuity of domestic industries are not severely disrupted amid the global supply crisis.

Enrique Of Malacca Shipyard To Drive New Maritime Economy In Melaka -- Ab Rauf

MELAKA, April 21 (Bernama) -- The Enrique of Malacca Shipyard, a RM180 million strategic development expected to generate up to RM1.8 billion in revenue over a decade, is poised to anchor a new maritime economic ecosystem in Melaka.

Govt Will Not Remain Idle In Facing Global Crisis - PM Anwar

KUALA LUMPUR, April 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today emphasised that the government will not remain idle in facing the global supply crisis which is becoming increasingly complex.

Government Focuses On Policy Adjustments To Address Cost Pressures, Global Supply Crisis

KUALA LUMPUR, April 21 (Bernama) -- The government is focusing on policy adjustments to manage cost pressures while simultaneously ensuring the supply of basic necessities needed to address the impact of the global supply crisis.

Govt To Roll Out B15 Biodiesel As Over 70 Pct Of Blending Depots Ready

KUALA LUMPUR, April 21 (Bernama) -- More than 70 per cent of blending depots in Malaysia are ready to implement B15 biodiesel using existing facilities, following the government’s announcement to gradually increase the biodiesel blend.

Gold Futures Soften On US-Iran Peace Talk Concerns

KUALA LUMPUR, April 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday, tracking softer US COMEX performance, as markets weighed US-Iran peace talk prospects after weekend tensions.

YTL AI Labs Launches ILMU Claw To Help Users Build AI Agents

KUALA LUMPUR, April 21 (Bernama) -- YTL AI Labs today launched ILMU Claw, enabling Malaysian users, developers, and enterprises to build autonomous artificial intelligence (AI) agents, hosted entirely on Malaysian infrastructure through the secure YTL AI Cloud.

Ringgit Strengthens Against US Dollar And Major Currencies

By Siti Noor Afera Abu

KUALA LUMPUR, April 21 (Bernama) -- The ringgit strengthened against the US dollar and other major currencies at Tuesday’s close, despite a firmer US Dollar Index, as investors closely monitored developments and anticipated the outcome of ongoing negotiations between the United States and Iran.

KLCI Futures Close Higher, Tracking Firmer Cash Market

KUALA LUMPUR, April 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today in line with the firmer cash market.