KLCI Futures Likely To Trade Sideways Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, March 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week amid the ongoing West Asia conflict.

Daily Life In Hanoi Continues Unabated Despite Work From Home Call To Save On Fuel Costs

From Nur Athirah Mohd Shaharuddin

HANOI, March 14 (Bernama) – Despite the war in West Asia that has spiked oil prices, the people of Vietnam seem oblivious to the consequent inflationary pressures, especially for a nation that depends significantly on imported crude oil.

France Seeks To Expand Investments In Malaysia’s Aeronautics, Energy And Critical Minerals Sectors -- Envoy

By K. Naveen Prabu

KUALA LUMPUR, March 13 (Bernama) -- France is encouraging more of its companies to invest in Malaysia, particularly in sectors such as aeronautics, energy, and critical minerals, including rare earth elements (REE), according to French Ambassador to Malaysia, Marc Abensour.

Gold Futures Extend Losses As Safe-haven Appeal Eases

KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower at Friday’s close as traders and investors are no longer viewing gold purely through a geopolitical safe-haven lens.

Ringgit Rises Against Other Currencies, Eases Vs US Dollar At Close

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 13 (Bernama) -- The ringgit ended higher against other major currencies but eased against the US dollar at Friday's close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply disruptions.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.

Govt Working To Ensure Oil Supply Remains Secure, Stable - Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) — The government is working to extend the country’s oil supply security and ensure domestic supply remains stable following the conflict in West Asia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Slips Below 1,700 Level At Midday As Oil Price Surge Weighs On Sentiment

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.

Batik Air Adjusts Fuel Surcharges On Selected Routes Amid Rising Jet Fuel Prices

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Batik Air Malaysia has implemented modest adjustments across selected routes, including fuel surcharges structured by route category, in response to rising operating costs driven by higher jet fuel prices.

O&G-related Stocks Rise As Iran Signals Hormuz Will Remain Closed

KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.

Geopolitical Tensions To Moderately Affect Malaysia Property Sector -- Rehda

Bursa Malaysia Opens Lower As Iran Keeps Hormuz Closed

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking overnight losses on Wall Street after Iran’s new supreme leader signalled the Strait of Hormuz would remain closed.