BANGI, April 7 (Bernama) -- Malaysia’s strong economic fundamentals have enabled the country to face and weather global uncertainties, including protracted conflicts in West Asia, said Ambank Group chief economist Firdaos Rosli.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict.
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
KUALA LUMPUR, April 6 (Bernama) -- Weststar Group is not affected by the West Asia crisis, having exited its offshore transportation operations in the region since late last year.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 6 (Bernama) -- A Federation of Malaysian Manufacturers (FMM) survey found that 90 per cent of over 200 respondents expect supply chain disruptions within the next two weeks due to the West Asia conflict.
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.
KUALA LUMPUR, April 6 (Bernama) -- AirAsia has not engaged in fuel hedging despite plans to do so, as rising oil prices and financial constraints hinder the airline’s ability to secure costs.
KUALA LUMPUR, April 6 (Bernama) -- AirAsia X has assured that it is not implementing job cuts or voluntary unpaid leave as an option to manage rising costs due to the West Asia conflict.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week amid the ongoing crisis in West Asia, a trader said.
