8d ago
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.
8d ago
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.
10d ago
KUALA LUMPUR, March 7 (Bernama) -- Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field of maritime and oil and gas, Nazery Khalid.
10d ago
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia is expected to trade with intermittent volatility next week as investors reassess the implications of the escalating conflict in the Middle East, said analysts.
11d ago
By K. Naveen Prabu
KUALA LUMPUR, March 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger crude oil prices amid United States-Iran conflict, a trader said.
11d ago
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026, supported by manageable inflation and resilient domestic economic conditions, according to Kenanga Investment Bank Bhd (Kenanga IB).
11d ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index ended the week slightly higher, driven by strong buying interest in Petronas Chemicals, which surged by more than 20 per cent as investors viewed it as a potential beneficiary of the Iran crisis due to its domestic feedstock supply and cost advantages.
11d ago
KUALA LUMPUR, March 6 (Bernama) -- Economically strong provinces must maintain solid foundations and strong resilience against external shocks to help stabilise the overall national economy, as emphasised by Chinese President Xi Jinping, according to China Global Television Network (CGTN).
11d ago
KUALA LUMPUR, March 6 (Bernama) -- 2PointZero Group PJSC, a next-generation investment powerhouse focused on energy and consumer sectors, has formally completed the acquisition of a majority stake in European packaging group ISEM for 704 million Emirati dirham. (100 Emirati dirham = RM107.50)
11d ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia ended the morning trading session higher but on a cautious note, as elevated energy costs and rising inflationary risks persisted amid the ongoing Middle East conflict.
11d ago
KUALA LUMPUR, March 6 (Bernama) -- Malaysia recorded RM426.7 billion in approved investments for 2025, the highest level ever, up 11 per cent from RM384.4 billion in 2024, reflecting continued growth despite a cautious global climate.
11d ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened slightly lower on Friday, tracking weaker Wall Street performance overnight and rising oil prices amid no signs of the Middle East crisis easing.