Weststar Unaffected By West Asia Crisis After Exiting Region

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.

Ringgit Advances To End Higher Vs US Dollar On West Asia Ceasefire Hopes

By Abdul Hamid A Rahman

KUALA LUMPUR, April 6 (Bernama) -- The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite.

90 Pct Of Industry Players Expect Supply Chain Disruptions Within Two Weeks — FMM

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.

Bursa Malaysia Ends Lower, CI Retreats 0.86 Pct On West Asia Tensions

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.

AirAsia Holds Off On Fuel Hedging Amid Price Surge, Eyes Demand Upside

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.

AirAsia X Says No Job Cuts Or Unpaid Leave Despite Industry Pressures

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. 

Bursa Malaysia Remains Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.

Bursa Malaysia Opens Lower, West Asia Tensions Weigh On Sentiment

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.

Ringgit Opens Higher Against Greenback, Major Currencies

KUALA LUMPUR, April 6 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Monday, supported by a softer greenback amid lingering geopolitical tensions in West Asia.

Gold Futures Likely To See Cautious Trading Next Week

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.

Ringgit Set For Cautious Week Versus US Dollar Amid West Asia Conflict

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.

Bursa Malaysia To Remain Cautious Next Week On Ongoing West Asia Conflict

By Karina Imran

KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist.