Ringgit Edges Up Vs Greenback Ahead Of OPR Decision

KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.

Ringgit Rebounds Against US Dollar On Renewed Demand

KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.

Uni-Fuels Expands Bunkering Operations Across Thailand To Support Global Growth

KUALA LUMPUR, March 4 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced that its regional operating subsidiaries have expanded its bunkering operations across major and strategic marine fuel supply locations in Thailand, marking a significant milestone in the company’s global growth strategy.

Transport, Food Prices To Face Early Impact From Middle East Conflict -- Economists

PUTRAJAYA, March 4 (Bernama) -- Transport and food prices are expected to face the earliest and most visible pressure from the escalating geopolitical conflict in the Middle East, with economists warning that a gradual rise in living costs, as higher oil, logistics, and agricultural input costs filter through the economy.

Oil Prices May Climb Towards US$90-US$100 On Saudi Aramco’s Ras Tanura Disruption, Analysts Say

By K. Naveen Prabu

KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.

Penang MICE Sector Surges With Estimated Economic Impact Of RM1.91 Bln In 2025

GEORGE TOWN, March 2 (Bernama) -- Meetings, Incentives, Conferences, and Exhibitions (MICE) activities in Penang generated about RM1.91 billion in estimated economic impact (EEI) for 2025, a significant 47.7 per cent increase compared to 2024.

Brent Crude May Spike By US$15-US$20 Per Barrel Amid Us-Iran Conflict, Says Public IB

KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).

CPO Futures Expected To Trade Higher Next Week Amid Weak Production

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week due to expected weak production.

Bursa Malaysia Likely To Trade Sideways At 1,710–1,740 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia is expected to trade sideways within the 1,710–1,740 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Ringgit Likely To Trade Range-Bound Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week ahead of key data points from the United States and further developments related to the US-Iran nuclear talks.

Ringgit Ends Mostly Higher Vs ASEAN Peers But Lower Against US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit closed mostly higher against ASEAN currencies on Friday but eased against the US dollar and other major currencies as traders remained cautious amid geopolitical risks and uncertainties over US tariffs.

Nippon Kinzoku Expands Magnesium Alloy Foil Sales

KUALA LUMPUR, Feb 27 (Bernama) -- Nippon Kinzoku Co Ltd, a pioneer in the rolling of magnesium alloys, has announced a strategic expansion in the sales of its magnesium alloy foil, positioned as a core "Eco-Product" to help reduce environmental impact.