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KUALA LUMPUR, April 18 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir today described Iran’s commitment to keeping the strategic Strait of Hormuz open as a positive step.
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KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.
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KUALA LUMPUR, April 18 (Bernama) -- The rubber market is expected to be quiet with a tendency to move sideways and lower next week, said industry expert Denis Low.
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KUALA LUMPUR, April 18 (Bernama) -- Gold futures are expected to remain well-supported next week, underpinned by inflationary concerns as oil prices are expected to remain high.
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KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower on Friday as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.
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KUALA LUMPUR, April 17 (Bernama) -- The ringgit extended its gains against the US dollar and other major currencies on Friday, supported by firm domestic sentiment, as markets await Malaysia’s advance estimate of first-quarter 2026 (1Q 2026) gross domestic product (GDP) at noon, which could further underpin the local currency.
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KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia edged higher at midday today, supported by improving sentiment amid growing expectations of a de-escalation of tensions in West Asia.
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KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia pared earlier gains to end the morning session lower, as investors turned cautious ahead of the United States-Iran ceasefire deadline, coupled with selling pressure in selected financial heavyweights.
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PUTRAJAYA, April 15 (Bernama) -- Demand for palm oil is expected to continue increasing from traditional importing countries such as China and India, driven by global geopolitical uncertainty as well as their need to ensure energy and food security.
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KUALA LUMPUR, April 14 (Bernama) -- Malaysia’s sea and land transport sectors remain relatively stable, particularly in cargo handling and public transport passenger movement, despite the ongoing global energy crisis.
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By Zufazlin Baharuddin
KUALA LUMPUR, April 14 (Bernama) -- The ringgit rebounded to the 3.95 level against the US dollar at today’s close, buoyed by hopes of a second round of talks between the United States and Iran, an analyst said.
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KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street.