IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

CPO Futures Close Higher On Energy Gains, Indonesia Biodiesel Expectations

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Thursday, tracking gains in energy prices and Indonesia’s biodiesel policy expectations.

Ringgit Eases Against Greenback After US Fed Keeps Interest Rates Unchanged

By Danni Haizal Danial Donald

KUALA LUMPUR, March 19 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback.

Malaysia’s Macro Position Is Stronger To Weather Shock Compared To Pandemic Era, Says World Bank's Apurva

KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.

Bursa Malaysia Opens Lower As Wall Street Weakness Weighs

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia opened lower on Thursday, with the benchmark index tracking overnight weakness on Wall Street.

Ringgit Up Against Major Currencies, Softens Vs Greenback At Open

KUALA LUMPUR, March 19 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar this morning as cautious global sentiment continued to weigh on emerging market currencies.

Gold Futures Ease Ahead Of Fed Meeting

KUALA LUMPUR, March 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives slipped at the close today as markets await the decision from the United States Federal Open Market Committee (FOMC) meeting today, coupled with losses in the US COMEX gold market,  

Ringgit Extends Gains Against Greenback Amid Softer Oil Prices

KUALA LUMPUR, March 18 (Bernama) -- The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.

Top Glove's 2Q Net Profit Rises To RM30.76 Mln, Revenue Jumps 14 Pct

KUALA LUMPUR, March 18 (Bernama) -- Top Glove Corporation Bhd’s net profit increased to RM30.76 million in the second quarter ended Feb 28, 2026 (2Q FY2026) from RM30.28 million posted in the same quarter last year.

Akur8 Acquires Slope Software, Enters L&A Market

KUALA LUMPUR, March 18 (Bernama) -- Akur8, the global actuarial artificial intelligence (AI) platform, has entered the life and annuity (L&A) insurance market with the acquisition of Slope Software, expanding its capabilities beyond property and casualty (P&C) offerings.

Ringgit Firms Against US Dollar, May See Further Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- The ringgit traded firmer against the US dollar this morning amid cautious investor positioning ahead of the United States (US) Federal Reserve’s (Fed) policy decision and improving risk appetite.

Global Air Travel Demand Will More Than Double By 2050 -- IATA

KUALA LUMPUR, March 17 (Bernama) -- The International Air Transport Association (IATA) has released its Long-Term Demand Projections (LTDP) report for air travel, which projected that global air passenger demand will more than double by 2050.