12d ago
KUALA LUMPUR, March 12 (Bernama) -- Malaysian businesses should consider diversifying into “adjacent operations”, including equities and other activities closely related to their core businesses, so that they can leverage their current expertise while mitigating risks.
12d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, extending its gains for another day amid a rally in crude oil prices.
12d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continue to end lower at Thursday's closing after crude oil prices surged past US$100, which pushed short end US yields and the dollar higher.
12d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 12 (Bernama) -- The ringgit ended lower against the US dollar at the close on Thursday on concerns over oil supply disruptions amid the war in Iran.
12d ago
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.
12d ago
KUALA LUMPUR, March 12 (Bernama) -- The Kuala Lumpur rubber market rebounded from yesterday’s losses to close higher on Thursday, supported by a recovery in crude oil prices amid mixed signals from regional rubber futures markets, said a dealer.
12d ago
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
12d ago
By Zufazlin Baharuddin
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).
12d ago
KUALA LUMPUR, March 12 (Bernama) -- Oil and gas-related stocks were trading higher at the open after crude oil prices surged following tanker attacks in Iraqi waters amid the US-Iran conflict.
12d ago
By Zufazlin Baharuddin
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.
12d ago
KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.
13d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished higher on Wednesday, mainly supported by firmer crude oil prices.