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Red Sea Issues, US-China Trade Diversions To Continue Influencing Seaport, Logistics Sectors

KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.

Rubber Market Ends Lower Amid Weaker Regional Performance, Crude Oil Prices

KUALA LUMPUR, Jan 6 (Bernama) -- The local rubber market closed lower on Monday following a downtrend in regional rubber futures markets and weaker benchmark crude oil prices, said a dealer.

Bursa Malaysia Ends Morning Session In Negative Territory

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia ended the morning session down as investors sold selected plantation and financial services blue chip stocks. 

CPO Futures To Trade Slightly Bullish Next Week Due To Seasonally Strong Fundamentals

KUALA LUMPUR, Jan 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight bullish bias next week, given the seasonally strong fundamentals, a dealer said.

Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.

Nikkiso CE&IG Group Strengthens Leadership Team With Jeff Mumford’s Promotion 

KUALA LUMPUR, Jan 3 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (CE&IG), part of Nikkiso Co Ltd’s Industrial Business segment, has appointed Jeff Mumford as its new Executive Vice President of Operations and Manufacturing, effective Jan 2.

Maybank IB Projects Crude Oil Prices At US$70 Per Barrel In 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Ringgit Closes Lower AS Greenback Demand Rises Amid Global Uncertainties

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.

Ringgit Closes Lower Amid Uncertainties on Fed Monetary Easing Cycle

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 amid uncertainties on the United States Federal Reserve’s monetary easing cycle.

Rising Electricity Costs, Green Power Initiatives To Propel Solar Adoption In 2025

KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.

Rubber Market Likely To Trade Range-bound With Downside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.