| LATEST NEWS | Pakistan urges US and Iran stick to the temporary ceasefire after Saturday’s negotiation end without a deal | Selangor Sultan calls on Haj pilgrims to maintain discipline, obey rules in the Holy Land, protect Malaysia's good name | 10,000 traders under KL City Hall (DBKL) supervision receive 50 percent reduction in site rental rates until 2027 - Hannah Yeoh | Selangor Sultan advises prospective Haj pilgrims to control spending in the Holy Land, especially in an uncertain global economic situation | |
KUALA LUMPUR, March 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain above RM4,450 in the near term, supported by elevated energy prices and a favourable palm oil-gasoil (POGO) spread, according to the Malaysian Palm Oil Council (MPOC).
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, weighed by recent declining crude oil prices and weaker Chicago Board of Trade (CBOT) soybean oil, amid easing worries over oil supply in West Asia.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 18 (Bernama) -- Crude oil prices can go even higher than current levels of US$100-US$103 per barrel if the war in West Asia continues affecting passageway in the Strait of Hormuz and supply tightness becomes more acute, Kpler senior crude oil analyst Muyu Xu said today.
SINGAPORE, March 18 (Bernama) -- The ringgit rose to its strongest level in five years against the Singapore dollar today, supported by higher energy prices and growing optimism over artificial intelligence (AI).
SINGAPORE, March 18 (Bernama) -- Maybank Research Pte Ltd (MRPL) has revised Singapore's gross domestic product (GDP) growth forecast to 3.4 per cent in 2026, down from its earlier projection of 3.6 per cent, amid ongoing West Asia conflicts.
KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.
KUALA LUMPUR, March 17 (Bernama) -- The Kuala Lumpur rubber market extended its mixed performance for the third consecutive trading day on Tuesday, tracking regional rubber futures, a trader said.
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.
KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand.
