19d ago
KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).
19d ago
KUALA LUMPUR, June 16 (Bernama) -- Global interconnectedness is under strain due to rising uncertainties, eroding the predictability, reliability and stability of existing global trade and economic systems, said Prime Minister Datuk Seri Anwar Ibrahim.
21d ago
By Zufazlin Baharuddin
KUALA LUMPUR, June 14 (Bernama) -- The local rubber market is expected to stay muted with a sideways trend leaning towards further weakness.
21d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.
21d ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.
21d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to reflect the performance of the underlying cash market due to ongoing global market uncertainty.
22d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia closed lower on Friday, weighed down by heavy selling in technology, healthcare, and logistics stocks, as risk-off sentiment intensified following escalating geopolitical tensions and Washington’s plan to impose unilateral tariffs within the next two weeks.
22d ago
KUALA LUMPUR, June 13 (Bernama) -- Investor confidence remains under pressure amid a fragile global trade environment, as Washington announced its intention to send letters outlining unilateral tariffs to trading partners within two weeks, adding to existing economic uncertainties.
22d ago
KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.
22d ago
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia opened lower on Friday, retreating from the previous day’s gains, weighed down by weak performances across regional markets.
22d ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.
22d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 12 (Bernama) -Malaysia’s approved investments in the first quarter of 2025 (1Q 2025) underscored the country’s economic resilience and continued attractiveness as an investment destination, despite ongoing global uncertainties, economists said.