9d ago
KUALA LUMPUR, June 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is raising its calendar year 2026 (CY2026) crude palm oil (CPO) price forecast by four per cent to RM4,400 per tonne from RM4,250 per tonne, citing the El Niño phenomenon.
13d ago
KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.
22d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 29 (Bernama) -- The World Bank Group says the effect of the West Asia conflict on global food commodity prices in 2026 and 2027 is expected to be smaller compared to the early stages of the Russia-Ukraine conflict under the baseline assumption that supply disruptions in West Asia ease by mid-year.
27d ago
By Anas Abu Hassan
SINGAPORE, May 25 (Bernama) -- Singapore’s economy is expected to maintain growth of 2.0 per cent to 4.0 per cent in 2026 despite rising downside risks of the West Asia conflict, according to the Ministry of Trade and Industry (MTI).
30d ago
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight gains as hopes grew for a resolution of the West Asia conflict, coupled with positive domestic economic data.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, trading on the back of strong support from crude oil price movements.
1m ago
KUALA LUMPUR, May 11 (Bernama) -- BMI, a unit of Fitch Solutions, expects Bank Negara Malaysia (BNM) to leave the overnight policy rate (OPR) on hold at 2.75 per cent at its next meeting on July 9, following the central bank’s May 7 rate decision.
1m ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
1m ago
KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 30 (Bernama) -- Oil prices surged above US$120 per barrel on Thursday as US President Donald Trump warned Iran that US naval blockade at the Strait of Hormuz could last months.
1m ago
KUALA LUMPUR, April 30 (Bernama) -- The ringgit opened lower against the US dollar and was mixed against other currencies, as support from firmer oil prices was offset by broad dollar strength and cautious positioning following the US Federal Reserve (Fed)’s rate decision.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 26 (Bernama) -- The ongoing conflict in West Asia is reshaping the global energy landscape, underscoring that energy security for import-dependent regions is no longer about efficiency but resilience under sustained disruption.