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KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.
By Kisho Kumari Sucedaram
KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, mirroring the decline in oil prices following the ceasefire announced by the United States and Iran, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.
KUALA LUMPUR, April 8 (Bernama) -- Hartanah Kenyalang Bhd expects the ongoing United States (US)-Iran war to affect its margins, but the company will mitigate the impact by implementing cost-saving measures.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.
KUALA LUMPUR, April 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, weighed by softer regional futures and a firmer ringgit against the US dollar, a dealer said.
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional markets, amid improving sentiment following the two-week ceasefire deal between the United States and Iran.
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz.
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.
KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.
