1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- SambaNova Systems has teamed up with Canvass AI (Canvass), a leader in generative artificial intelligence (GenAI) enterprise solutions, to drive fast adoption of vertically-integrated AI Solutions, inference and training to South Asia and Europe, Middle East, and Africa (EMEA).
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Loob Holding Sdn Bhd, the owner of tea brand Tealive, has signed a master franchise agreement with Dubai-based conglomerate Eureka Restaurant and Café to bring the brand into the United Arab Emirates (UAE).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.
1y ago
SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday, tracking Wall Street’s positive performance amid declining crude oil prices and ongoing Middle East tension, an analyst said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, influenced by the downward momentum in the regional rubber futures markets and declining benchmark crude oil prices, a dealer said.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia remained lower at midday, along with most regional markets, as rising oil prices caused by the Middle East conflict weighed on sentiment, said an analyst.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel, said an analyst.