LATEST NEWS   PM Anwar announces the Progressive Acceleration for Capability and Employment Economic Resilience Package worth over RM710 million to strengthen the stability of the country's labour market | Malaysia continues to maintain the price of BUDI95 at RM1.99 per litre, even though most oil-producing countries have raised their prices - PM Anwar | The government will continue to take the necessary measures in facing global economic uncertainty - PM Anwar | Government proposes extending PERKESO coverage to Malaysians overseas - PM Anwar | Govt committed to empowering women as the main driver of economic growth and social well-being of the country - PM Anwar | 

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Ringgit Closes Lower On Volatile Oil Prices, Latest Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, April 30 (Bernama) -- The ringgit eased against most currencies, including the US dollar, as investors shifted towards safe-haven assets amid concerns over volatile crude oil prices.

Rubber Market Ends Lower On Weaker Regional Futures, Hawkish Fed Outlook

By K. Naveen Prabu

KUALA LUMPUR, April 30 (Bernama) -- The rubber market closed lower today due to weaker regional rubber futures, said a trader.

Oil Prices Surge On Potential Prolonged Blockade At Strait Of Hormuz

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. 

Bursa Malaysia Trade Choppy As Caution Persists Amid West Asia Tensions

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia traded choppily in early dealings, with sentiment cautious amid external uncertainties, traders said.

Ringgit Closes Higher Vs US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.

MOF Mulls More Targeted Diesel Subsidy Mechanism For Sabah, Sarawak -- Fahmi

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).

Ringgit Opens Higher Against US Dollar, Mixed Versus Peers

KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.

Global Oil Prices Rise On Knee-jerk Reaction Following UAE's Exit From OPEC, OPEC+ 

KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.

CPO Futures Close Mixed Despite Higher Crude Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, April 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mixed today, despite higher crude oil prices, a trader said.

Govt Moves To Boost Resilience, Ensure Energy Supply, Contain Costs - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.