By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.
KUALA LUMPUR, June 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as investors remained in cautious mode amid the escalating conflict in the Middle East, said an analyst.
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, a dealer said.
By Zarul Effendi Razali
KUALA LUMPUR, June 19 (Bernama) -- The ringgit continued to end lower against the greenback on Thursday, weighed down by emerging concerns over the global financial outlook, a dealer said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region, said an analyst.
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 19 (Bernama) -- The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said.
KUALA LUMPUR, June 18 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives closed higher today as investors turned to the safe-haven asset amid escalating tensions between Israel and Iran.
By Abdul Hamid A Rahman
KUALA LUMPUR, June 18 (Bernama) -- The ringgit ended lower against the greenback on Wednesday ahead of a decision on US interest rates later today and as the war between Israel and Iran continued to escalate.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended a choppy but directionless trading session, with the index moving in a narrow range, amid global uncertainties, as investors refrained from taking long positions.
KUALA LUMPUR, June 18 (Bernama) -- There is no global energy disruption so far, but industries will continue to closely monitor price developments, said S&P Global vice-chairman Daniel Yergin.
KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.
