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CPO Futures Seen Bearish Next Week On High Inventories

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week, weighed down by high stock levels and profit-taking activities.

Ringgit Set To Trade Between 3.94 And 3.96 Against US Dollar Next Week

KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.

Malaysian Batik Makes Appearance On Runway At Modest Fashion Day, KazanForum 2026

From Nor Baizura Basri

KAZAN (Russia), May 16 (Bernama) -- Malaysian batik made an appearance during Modest Fashion Day at KazanForum 2026 held here, the capital of the Republic of Tatarstan, on Wednesday, signalling a continuous effort to strengthen Malaysia’s fashion ecosystem through international positioning while providing opportunities to local entrepreneurs.

Ringgit Snaps Seven-day Rally Ahead Of 1Q GDP Data

KUALA LUMPUR, May 15 (Bernama) -- The ringgit snapped a seven-trading-day rally to ease against the US dollar as traders turned cautious ahead of Malaysia’s first-quarter (1Q) 2026 gross domestic product (GDP) announcement later today.

AirAsia X Posts Net Loss Of RM154.88 Mln In First Quarter Due To Depreciation Of Local Currencies

KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.

Ringgit Opens Higher Vs US Dollar For 7th Straight Day

KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping on May 14-15, 2026.

Ringgit Opens Higher Against Greenback And Major Currencies

KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.

Taiwan Seeks Negotiations To Update 1993 Bilateral Investment Agreement With Malaysia

KUALA LUMPUR, May 12 (Bernama) -- Taiwan has urged the Malaysian government to initiate negotiations to update the Malaysia-Taiwan Bilateral Investment Agreement (BIA) signed in 1993 to reflect today’s evolving global investment landscape.

Investment Banks Expect 2026 CPO Prices Between RM4,250-RM4,350 Amid Biodiesel Demand, El Nino Risks

KUALA LUMPUR, May 12 (Bernama) -- Investment Banks are expecting crude palm oil (CPO) prices to range between RM4,250 and RM4,350 in 2026, driven by rising biodiesel demand and growing risks of a severe El Nino.

Ringgit Opens Higher Versus Greenback, Major Currencies

KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.