Gold Prices See Biggest Weekly Drop Since 1983
ISTANBUL, March 21 (Bernama-Anadolu) -- The price of gold saw the biggest weekly drop since 1983, decreasing more than 10 per cent to below US$4,500 threshold on Friday.
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Volatility Seen Continuing For Bursa Malaysia Next Week After Raya Break
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- Trading on Bursa Malaysia is expected to continue to be volatile next week after the Raya break, although the broader trend still points to a gradually rising momentum.
Ringgit Set To Remain Stable At 3.95 Level Against US Dollar Next Week
By Danni Haizal Danial Donald
KUALA LUMPUR, March 21 (Bernama) -- The ringgit is expected to remain stable next week, trading at around the 3.95 level against the US dollar amid the festive period.
CPO Futures Seen Trading Higher Next Week Amid Rising Energy Prices
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week amid the conflict in West Asia.
Gold Futures May See Volatile Trading Next Week
By Danni Haizal Danial Donald
KUALA LUMPUR, March 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives may experience volatile trading next week as investors monitor uncertainty in crude oil price movements.
FBM KLCI Futures Likely To Trade In Cautious Mode Next Week
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, in line with the cautious tone in the cash market.
Maybank Extends S$65 Mln Loan For Singapore’s Fourth Egg Farm Project
SINGAPORE, March 20 (Bernama) -- Maybank has extended a term loan facility of up to S$65 million (S$1=RM3.08) to ISE Foods Holdings (IFH) as the sole bank financier to partially finance the development of Singapore’s fourth egg farm (SG4EF).
Malaysia’s Unsubsidised Fuel Price Increase Reflects Global Oil Trends -- Analyst
KUALA LUMPUR, March 20 (Bernama) -- Recent increases in unsubsidised fuel prices in Malaysia reflect rising global oil prices, according to an analyst.
European Central Bank Leaves Rates Unchanged Amidst Heightened Geopolitical Tensions
FRANKFURT, March 20 (Bernama-Xinhua) -- The European Central Bank (ECB) on Thursday kept key interest rates unchanged as heightened geopolitical tensions weigh on the outlook of inflation and economy in the euro area, reported Xinhua.
Indonesia To Boost Coal Output As Oil Prices Surge
JAKARTA, March 20 (Bernama) -- Indonesia plans to increase coal production in response to rising global oil prices, Coordinating Minister for Economic Affairs Airlangga Hartarto said.
MPOB Launches Used Cooking Oil Price Portal To Boost Circular Economy
KUALA LUMPUR, March 20 (Bernama) — The Malaysian Palm Oil Board (MPOB) is encouraging industry players and the public to participate actively in the trading of used cooking oil (UCO) as part of efforts to support the nation’s circular economy.
Attack On Qatar's LNG Facility Raises Risk Of Wider Supply Disruptions In Asia
KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.