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Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

Kuala Lumpur Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 16 (Bernama) -- The Kuala Lumpur rubber market closed mixed amid weaker advice from the regional rubber futures markets.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Budget 2025: Be Supportive of OGSE Sector to Continue Growth Trajectory - MPRC

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.

OPR Decision Will Continue to Be Driven by Domestic Factors - Amir Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Bank Negara Malaysia’s (BNM) decision on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Opens Mixed But Turns Lower Thereafter

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened mixed today but turned lower thereafter, tracking Wall Street's overnight performance which closed lower after its recent rally, said an analyst. 

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

Astronautic Not Profit-based Company, But Was Strategic For Satellite Development - MoF

KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.

CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.

Gold Futures Close Lower On Strengthening US Dollar

KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance.