2d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) settled lower on Thursday despite gains in COMEX gold futures, as shifting market sentiment reduced the urgency for investors to hold the precious metal as a geopolitical hedge.
2d ago
KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.
5d ago
KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.
6d ago
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 16 (Bernama) -- Indonesia’s decision to delay the implementation of the B50 biodiesel mandate presents Malaysia with a short-term opportunity to increase palm oil exports as the commodity’s price is kept stable by the move, according to an academic.
6m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.
7m ago
KUALA LUMPUR, July 29 (Bernama) -- OMS Energy Technologies Inc (OMS) has posted a blockbuster fiscal year 2025 (FY2025), marking its first full-year earnings since going public with US$203.6 million in revenue and US$47 million in net profit. (US$1=RM4.21)
8m ago
KUALA LUMPUR, June 26 (Bernama) -- Newpark Fluids Systems (Newpark), a global independent provider of drilling and completion fluids solutions, has announced key additions to its executive leadership and Board of Directors, alongside significant capital investments aimed at accelerating global growth and operational excellence.
8m ago
KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.
9m ago
KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada.
9m ago
KUALA LUMPUR, May 20 (Bernama) -- Crude palm oil (CPO) prices are expected to remain in the range of RM3,750 to RM4,050 per tonne in May before gradually recovering, according to the Malaysian Palm Oil Council (MPOC).
9m ago
KUALA LUMPUR, May 14 (Bernama) -- Keyfield International Bhd's wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has entered into a memorandum of understanding (MoU) with PT Elnusa Trans Samudera (ETSA) to explore and pursue marine services opportunities, primarily in the oil and gas sector and related industries across Indonesia.