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Rubber Market Likely To Trade Range-bound With Downside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.

SC Reprimands Bybit For Operating Illegal Digital Asset Exchange

KUALA LUMPUR, Dec 27 (Bernama) -- The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Ltd and its chief executive officer (CEO) Ben Zhou for operating a digital asset exchange (DAX) in Malaysia without registration.

CPO Futures Close Lower Amid Concerns Over Weaker Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday following concerns over weaker demand in the coming weeks, which might raise the overall stock level in the country, said a dealer.

SMR 20 Rubber at 1 Week High Amid Stronger Regional Oil Markets

KUALA LUMPUR, Dec 26 (Bernama) -- The local Standard Malaysian Rubber 20 (SMR 20) market traded sharply higher to a one-week high mirroring regional rubber futures markets supported by gains in benchmark crude oil prices.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

Rise In Oil Prices Lifts Ringgit Higher At Close

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit maintained its upward trajectory to close higher against the US dollar and major currencies, mainly lifted by rising oil prices.

PNB Remains Optimistic About Malaysian Economy, FBM KLCI Next Year

KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).

Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).

Local Rubber Market Closes Lower, In Tandem With Regional Downtrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 23 (Bernama) -- The local rubber market closed lower on Monday, in tandem with the downtrend in regional rubber futures markets, a dealer said.

Airbus, Rolls-royce Step In To Resolve Malaysia Airlines' Grounded A330neo

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 23 (Bernama) -- Airbus has pledged full support to Malaysia Airlines as the carrier faces a 48-hour grounding of its new Airbus A330neo (new engine option), following its inaugural flight to Melbourne on Dec 19.

Ringgit Rises Against US Dollar As DXY Declines

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened stronger against the US dollar on Monday, supported by a decline in the US Dollar Index (DXY) last Friday, according to an economist.

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.