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By K. Naveen Prabu
KUALA LUMPUR, March 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger crude oil prices amid the United States-Iran conflict, a trader said.
By K. Naveen Prabu
KUALA LUMPUR, March 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets amid the United States-Iran conflict which continued to dampen market sentiment, a dealer said.
KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis.
By K. Naveen Prabu
KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 4 (Bernama) -- The Kuala Lumpur rubber market ended mixed today as the market sentiment was dampened by escalating geopolitical conflicts between the United States (US) and Iran, a dealer said.
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking the continued rally in crude oil prices amid the ongoing US-Iran conflict.
KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
By K. Naveen Prabu
KUALA LUMPUR, March 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by a rally in crude oil prices amid the ongoing US-Iran conflict.
KUALA LUMPUR, March 2 (Bernama) -- Malaysia Airlines confirms that all services to and from London and Paris continue to operate as scheduled.
KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
