4d ago
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.
5d ago
By K. Naveen Prabu
KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- Both of Malaysia's commitments regarding Licensing Certainty as contained in the Joint Statement on the Agreement on Reciprocal Trade (ART) (Article 5.2) and the memorandum of understanding (MoU) on Critical Minerals (Areas of Cooperation, Section 3) do not affect the government's decision to enforce technical conditions on Lynas Malaysia or other rare earth elements (REE) companies that are about to be approved to operate in Malaysia.
5d ago
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.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended broadly lower on Wednesday, tracking declines across regional markets, with South Korea posting one of the sharpest drops as investors reacted to widening geopolitical fallout.
5d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 4 (Bernama) -- The Middle East conflict, particularly disruptions along the Strait of Hormuz, has triggered heightened volatility in global markets, with investors shifting towards safe-haven assets amid concerns over energy supply security.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- The government is monitoring the current conflict in the Middle East but has assured that there will be minimal impact on Malaysia’s total trade, said Deputy Investment, Trade and Industry Minister Sim Tze Tzen.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking the weaker Wall Street performance overnight amid concerns over global oil and gas supplies and inflation risks as the Middle East crisis continues.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- Crude oil and condensate production rose by 1.1 per cent to 183.6 million barrels in 2025, reversing the 3.5 per cent decline recorded in 2024, said the Department of Statistics Malaysia (DOSM).
5d ago
KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s neutral and non-aligned approach is reflected in its strong trade performance, which reached a milestone, exceeding RM3 trillion to RM3.06 trillion in 2025, said Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.
5d ago
KUALA LUMPUR, March 4 (Bernama) -- The Ministry of Plantation and Commodities (MPC) aims to consolidate RM32.8 billion in total timber exports by 2030 under the National Agri-Commodity Policy 2030 (DAKN 2030) and the New Industrial Master Plan (NIMP) 2030.