20d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, tracking weaker regional rubber futures markets and declining crude oil prices, a dealer said.
20d ago
KUALA LUMPUR, July 24 (Bernama) -- Maritime company MISC Bhd is projected to deliver a three-year earnings compound annual growth rate (CAGR) of 12 per cent, driven by 19 asset additions and stronger contributions from fully owned liquefied natural gas (LNG) carriers, according to AmInvestment Bank Research.
20d ago
KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.
20d ago
KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.
20d ago
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened lower on Friday, with cautious sentiment expected to remain after Thursday's regional rally left Asian markets exposed to Wall Street's overnight pullback.
20d ago
KUALA LUMPUR, July 24 (Bernama) -- The ringgit opened higher against most major currencies on Friday but eased against the US dollar as markets turned risk-off, with crude oil prices continuing to climb and the Trump administration stepping up its trade protectionist policies.
21d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, driven by stronger crude oil and soybean oil prices amid tensions in West Asia.
21d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 23 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday as escalating tensions in West Asia fuelled expectations of a potential United States (US) interest rate hike, supporting the greenback.
21d ago
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.
21d ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.
21d ago
KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.
21d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 23 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, tracking gains in regional rubber futures markets and a surge in crude oil prices.