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Rubber Market To Trade On Positive Mode Next Week On EUDR Delay

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the rubber market to trade positively next week, following the delay in the implementation of the European Union Deforestation Regulation (EUDR).

KLCI Futures To Trade Range-bound Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound next week.

Anwar Urges APEC Members To Recognise The Potential Of Non-traditional Alliances

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) must recognise the potential of non-traditional alliances such as the African Union, Latin America and BRICS, according to Prime Minister Datuk Seri Anwar Ibrahim.

APEC Must Set Gold Standard For Cooperation To Cope With Economic Shocks, Climate Challenges -- PM Anwar

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) -- In an era defined by rapid global disruptions from economic shocks to climate challenges, there is a need for a fundamental shift in the Asia-Pacific Economic Cooperation (APEC) on how it approaches economic cooperation that allows all economies, regardless of size, to thrive.

Malaysia Prepared To Work With New Hong Kong Economic And Trade Office, Says PM

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has conveyed the government’s readiness to collaborate with and assist the new Hong Kong Economic and Trade Office (HKETO) in Kuala Lumpur, whose establishment was announced by Hong Kong early this year.

Global Institutions Upgrade Malaysia's 2024 Growth Outlook

KUALA LUMPUR, Nov 15 (Bernama) -- The decision by several international institutions to revise Malaysia's economic growth projections reflects their confidence in the country's prospects for the year, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

CPO Futures Close Higher As Traders Bet On Supply Tightness

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, rebounding from the losses seen over the past three days, said Fastmarket Palm Oil Analytics senior analyst Sathia Varga.

Malaysia, New Zealand Committed On Having 'scoping Exercise' To Strengthen Fta

LIMA (Peru), Nov 15 (Bernama) -- A “scoping exercise” to strengthen the Malaysia-New Zealand Free Trade Agreement (MNZFTA) will cover new areas of cooperation such as digital trade and halal recognition, according to the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

PM Anwar To Partake In APEC Leaders' Informal Dialogue, Bilateral Meet Today

LIMA (Peru), Nov 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will participate in the APEC Leaders’ Informal Dialogue and deliver an intervention on the penultimate day of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week (AELW).  

Ringgit Stages Rebound To Close Firmer Vs US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.

Bursa Malaysia Ends Week On Softer Note, CI Below Key 1,600 Level

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy. 

Rubber Market Ends Higher On Optimism Over China's Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said.