Bursa Malaysia Pares Losses To Open Higher, Tracking Wall Street's Gains

KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street.

Ringgit Jumps 135 Basis Points To 3.96 Against US Dollar At Opening

KUALA LUMPUR, April 14 (Bernama) -- The ringgit jumped 135 basis points to rebound to the 3.96 level against the US dollar at the opening today, supported by improved global risk sentiment amid expectations of a potential second-round negotiation between the US and Iran.

CPO Futures Close Higher Tracking Stronger Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking stronger crude oil prices amid the ongoing conflict in West Asia, a trader said.

Gold Futures End Lower Amid Firmer Demand For US Dollar

KUALA LUMPUR, April 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today due to stronger US dollar and shifting investor positioning amid geopolitical uncertainties in West Asia.

Malaysia, Thailand Take Different Approaches To Fuel Subsidies Amid Oil Price Volatility

By Siti Radziah Hamzah

KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.

Ringgit Closes Lower Vs Greenback As West Asia Tensions Weigh

By Zufazlin Baharuddin

KUALA LUMPUR, April 13 (Bernama) --  The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst.

Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.

Lack Of GCC Unity Complicates Iran War, Says Academic

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.

Rubber Market Ends Mixed Tracing Regional Rubber Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday tracing the regional rubber futures, a dealer said.

Malaysia's Growth Outlook Intact Despite The Strait Of Hormuz Blockade -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.

Hibiscus Petroleum In Good Stead Despite West Asia Conflicts - Chairman

KOTA BHARU, April 13 (Bernama) -- Hibiscus Petroleum Bhd is well positioned to weather global geopolitical tensions and the ongoing conflict in West Asia, including uncertainty as a result of high crude oil prices.

Palm Oil To See Lower Inventory In 2Q, Driven By Stronger Exports - Analyst

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil inventory is expected to inch down in the second quarter (2Q) of the year, driven by stronger exports as buyers stock up amid uncertainty over the current ceasefire in West Asia.