CPO Futures Close Lower On Weak Export Demand Concerns
By K. Naveen Prabu
KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.
By K. Naveen Prabu
KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 4 (Bernama) -- The Kuala Lumpur rubber market ended mixed today as the market sentiment was dampened by escalating geopolitical conflicts between the United States (US) and Iran, a dealer said.
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking the continued rally in crude oil prices amid the ongoing US-Iran conflict.
KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
By K. Naveen Prabu
KUALA LUMPUR, March 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by a rally in crude oil prices amid the ongoing US-Iran conflict.
KUALA LUMPUR, March 2 (Bernama) -- Malaysia Airlines confirms that all services to and from London and Paris continue to operate as scheduled.
KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.
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.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 21 (Bernama) -- The Malaysian rubber market is expected to trend upward next week, as heavy rainfall continues to persist across key producing regions, adversely affecting rubber productivity, an industry expert Denis Low said.