11d ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump’s unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.
11d ago
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia reversed yesterday's gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to the West Asia conflict faded sharply following US President Donald Trump's speech this morning, which fuelled global risk-off sentiment.
11d ago
KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
11d ago
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia stayed in negative territory at midday in tandem with regional peers, given that global conditions remain uncertain as conflicting narratives continue to cloud prospects for a resolution to the West Asia conflict.
11d ago
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by rising optimism that the West Asia conflict could ease soon, said an analyst.
11d ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Thursday, supported by optimism that geopolitical tensions may be easing, although the broader market tone remains guarded.
12d ago
JOHOR BAHRU, April 1 (Bernama) -- Shanghai-based global technology company LongCheer Technology is planning an investment of about RM500 million which is expected to create 200 highly skilled job opportunities in Johor.
12d ago
KUALA LUMPUR, April 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, in line with declines in soybean oil futures on the Chicago Board of Trade (CBOT), a trader said.
12d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 1 (Bernama) -- The ringgit extended earlier gains to end higher against the US dollar on Wednesday driven by renewed optimism among market traders following signs of possible de-escalation in the United States-Iran war.
12d ago
By Karina Imran
KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia closed higher on Wednesday, with the key index rising 1.10 per cent, in line with firm gains across regional markets following a strong rally on Wall Street overnight, said an analyst.
12d ago
KUALA LUMPUR, April 1 (Bernama) -- The Malaysian Automotive Component Parts Manufacturers (MACPMA) supports the Ministry of Investment, Trade and Industry's (MITI) position that automotive investment incentives and manufacturing licences should be aligned with national development objectives.
12d ago
KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional peers, amid persistent buying in heavyweight stocks, led by banking counters.