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KUALA LUMPUR, March 9 (Bernama) -- Following the surge in global oil prices on March 9, Asian governments face heightened fiscal and inflationary risks from rising global oil prices as the region remains structurally dependent on energy imports, said OCBC.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,500, the highest level since last October.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia closed broadly lower today in line with widespread selling across regional markets as the intensifying conflict in the Middle East dampened investor sentiment and reignited concerns over global inflation.
HONG KONG, March 9 (Bernama-Xinhua) -- Hong Kong's stock market ended lower on Monday with the benchmark Hang Seng Index down 1.35 per cent to close at 25,408.46 points, reported Xinhua.
KUALA LUMPUR, March 9 (Bernama) -- The Capital Market Masterplan (CMP) 2026-2030 differs from past plans in its scope and reassessment due to the speed of change brought by digitalisation, artificial intelligence (AI) and investor expectations.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia is well-positioned to manage potential economic fallout from escalating conflict in the Middle East, backed by its status as a net energy exporter and strong economic fundamentals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia must now take the next leap forward with renewed ambition and clarity of purpose to sustain confidence, deepen participation, and unlock the full potential of its capital market, said Prime Minister Datuk Seri Anwar Ibrahim today.
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia stayed lower at mid-afternoon due to continued selling in selected heavyweights led by financial services and healthcare sectors.
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia remained lower at midday, in line with regional markets, after Brent crude surged above US$105 per barrel amid the continuing US-Israeli conflict with Iran.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia's economic performance last year, which recorded 5.2 per cent growth, is expected to cushion the country against global economic uncertainties and bolster its performance in the first quarter (1Q) of this year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 9 (Bernama) -- Black & Veatch, a global leader in human critical infrastructure, has been selected by Formosa Heavy Industry Corporation (FHI) to deliver the full engineering design scope for a 2 x 1200 megawatt (MW) H class combined cycle power plant in Mailiao, Taiwan.
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance overnight as sentiment was dented by a spike in crude oil prices, with Brent crude hovering above US$105 per barrel.
