CPO Market To Trade In Yo-yo Mode next Week Amid Holiday, Production Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 21 (Bernama) -- The crude palm oil (CPO) market is expected to experience yo-yo price movements next week due to a shortened trading week, said Interband Group of Companies senior palm oil trader Jim Teh.

Gold Futures On Bursa Malaysia Likely To See Thin Trading Amid Christmas Holidays Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be thinly traded during the upcoming Christmas holiday week, with prices projected to range between US$2,585 and US$2,635 amid cautious market sentiment and subdued year-end activity.

Council Of EU Adopts One-year Postponement For Deforestation Law

KUALA LUMPUR, Dec 20 (Bernama) -- The Council of the European Union (EU) has formally adopted the regulation on the postponement of application of the EU deforestation law by one year.

Tune Protect Introduces Delay Lounge Pass For Airasia Travel Insurance Customers

KUALA LUMPUR, Dec 19 (Bernama) -- Tune Protect Group Bhd has launched the Delay Lounge Pass, offering access to over 1,500 airport lounges worldwide when flights are delayed by two hours or more, a perk available across AirAsia’s extensive global network.

Key Projects Make Rapid Progress, Changing Malaysia’s Transportation Landscape

KUALA LUMPUR, Dec 18 (Bernama) – Malaysia’s infrastructure landscape is undergoing significant changes, with major transportation projects driving greater connectivity and growth while transforming the skyline of cities and townships in an unprecedented manner.

Bursa Malaysia Ends Higher Amid Strong Interest In Utility, Tech Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia rallied to close broadly higher on Wednesday amid strong buying interests mainly in utility and technology stocks, with the benchmark index gaining 0.44 per cent.

MIDF Amanah Anticipates Ringgit To Trade Higher At RM4.30 By Year-end

KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.

TH Plantations 3Q Net Profit Rises To RM21.55 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.

Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.

Cpo Futures Fall As Weaker Demand, Rising Output Weigh On Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, pressured by expectations of weaker domestic demand, according to market sources. 

Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits. 

Bermuda’s Evergreen Insurance Credit Ratings Downgraded  - AM Best

KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).