1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday amid higher Brent crude oil prices, which heightened inflation concerns, boosting expectations of a US Federal Reserve (Fed) rate hike, said an analyst.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by stronger Chicago Board of Trade (CBOT) soybean oil prices.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the US Commodity Exchange (COMEX), amid rising expectations of a US interest rate hike following US Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 1 (Bernama) -- The rubber market ended slightly higher today, supported by steady crude oil prices and a weaker ringgit against the US dollar, a dealer said.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) upstream capital expenditure (capex) will recover in the financial year ending Dec 31, 2027, alongside rising energy security investments across the region, said Hong Leong Investment Bank (HLIB) today.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) posted above the neutral mark of 50.0 that separates growth from contraction for a third straight month in August.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia opened higher on Tuesday but soon pared its gains, tracking Wall Street’s weaker performance yesterday.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
1m ago
KUALA LUMPUR, Aug 31 (Bernama) -- Global demand for air cargo, measured in cargo tonne-kilometres (CTK), grew 3.9 per cent in July from a year earlier, while international demand rose 4.7 per cent, the International Air Transport Association (IATA) said.
1m ago
KOTA BHARU, Aug 29 (Bernama) -- The government is monitoring inflation movements due to developments in the West Asian crisis to ensure cost pressures from supply disruptions and rising commodity prices do not burden the people.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.