Gold Futures Close Higher Amid Escalating West Asia Conflict

KUALA LUMPUR, March 31 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher today amid the escalating war in West Asia.

Energy Security Remains Paramount Amid Escalating Geopolitical Tensions - Petronas 

KUALA LUMPUR, March 31 (Bernama) -- Energy security will remain paramount as the global energy system comes under increasing strain from escalating geopolitical tensions in West Asia, Petroliam Nasional Bhd (Petronas) said today.

​​​​​​​Gold Futures Close Higher Amid Safe-haven Demand

KUALA LUMPUR, March 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Monday, as investors took the opportunity to buy gold following the precious metal’s significant decline this month amid escalating war tensions.

Ringgit, Regional Currencies End Lower Vs US Dollar As Geopolitical Tensions Persist

By Harizah Hanim Mohamed

KUALA LUMPUR, March 30 (Bernama) -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.

Ringgit, Regional Currencies End lower vs US Dollar As Geopolitical Tensions Persist

KUALA LUMPUR, March 30 -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.

Move To Adjust BUDI95 Quota Temporarily A Reasonable Step To Reduce Subsidy Payout, Govt Spending

By Mikhail Raj Abdullah

KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.

Bursa Malaysia Ends Lower As Conflicting Signals From West Asia Cloud Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia reversed yesterday’s gains to close at an intraday low, with the benchmark index easing 0.34 per cent as investors tracked developments in West Asia while remaining cautious amid increasingly conflicting signals from both the United States (US) and Iran over potential peace negotiations. 

European Stocks Close On Strong Note On Hopes Of US-Iran Peace Deal

FRANKFURT, March 26 (Bernama-dpa-AFX) -- European stocks closed on a strong note on Wednesday, as the mood turned a bit bullish amid some hopes of a de-escalation in tensions in West Asia, dpa-AFX reported. 

Gold Futures End Lower On Geopolitical Uncertainties

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday as investors traded with a cautious stance amid rising uncertainties surrounding the escalating war involving the United States-Israel and Iran, which weighed on market sentiment.

Foreign Investors Record US$12.13 Bln Outflow Across Eight Asian Markets Last Week

KUALA LUMPUR, March 24 (Bernama) -- Foreign investors extended a five-week streak of net selling across eight Asian markets, with net outflows totalling US$12.13 billion, according to MBSB Investment Bank Bhd.

Gold Prices See Biggest Weekly Drop Since 1983

ISTANBUL, March 21 (Bernama-Anadolu) -- The price of gold saw the biggest weekly drop since 1983, decreasing more than 10 per cent to below US$4,500 threshold on Friday.

European Energy Prices Rise Amid West Asia Tensions

LONDON, March 19 (Bernama-Xinhua) -- European gas and oil prices rose sharply in early trading on Thursday as escalating tensions in West Asia and attacks on energy infrastructure in Qatar and Iran have heightened concerns over supply disruptions, reported Xinhua.