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CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict

By K. Naveen Prabu

KUALA LUMPUR, March 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger crude oil prices amid the United States-Iran conflict, a trader said.

Gold Futures Close Lower As Safe-haven Demand Eases

By Siti Noor Afera Abu

KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) settled lower on Thursday despite gains in COMEX gold futures, as shifting market sentiment reduced the urgency for investors to hold the precious metal as a geopolitical hedge.

Ringgit Ends Lower As Middle East Conflict Lifts US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 5 (Bernama) -- The ringgit remained in a narrow trade and closed lower against the US dollar on Thursday, as heightened tensions in the Middle East weighed on market sentiment and supported the greenback.

Rubber Market Ends Mixed On Weak Regional Futures Amid US-Iran Conflict

By K. Naveen Prabu

KUALA LUMPUR, March 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets amid the United States-Iran conflict which continued to dampen market sentiment, a dealer said.

Kindred Labs Partners IPX To Launch AI-Powered Character Companions

KUALA LUMPUR, March 5 (Bernama) -- Kindred Labs, an artificial intelligence (AI) companion startup, has announced a strategic partnership with IPX (formerly known as LINE FRIENDS) to develop AI-powered companion experiences that bring beloved character personalities into everyday digital life.

Capcom’s Resident Evil Requiem Global Sales Exceed Five Million Units

KUALA LUMPUR, March 5 (Bernama) -- Capcom Co Ltd, the developer, publisher and distributor of interactive entertainment, announced that global sales of Resident Evil Requiem, released on Feb 27, have surpassed five million units.

Oil Prices Stabilise, Malaysia Inflation Remains Modest-- Apex

KUALA LUMPUR, March 5 (Bernama) -- Brent crude prices are expected to stabilise after an initial geopolitical-driven spike, keeping Malaysia’s inflation modest at 1.6–1.9 per cent and the 2026 fiscal deficit on track at 3.5 per cent of gross domestic product (GDP), Apex Securities Bhd said.

MATRADE Takes Mitigation Steps To Safeguard Malaysian Exports Amid West Asia Conflicts

KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions. 

Bursa Malaysia Ends Morning Session Higher Ahead Of OPR Announcement

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended the morning trading session higher ahead of the announcement of Bank Negara Malaysia’s overnight policy rate (OPR), with the market expecting the central bank to maintain its policy rate at 2.75 per cent.

ImmunoScape Inks MoU With US Cancer Centre, Secures Investment

KUALA LUMPUR, March 5 (Bernama) -- ImmunoScape Pte Ltd, a clinical-stage biotechnology company, has announced the execution of a memorandum of understanding (MoU) with a premier National Cancer Institute (NCI)-designated Comprehensive Cancer Center in the United States (US).

Xsolla Acquires Wetaps, Launches Vietnam Gaming MoR Services

KUALA LUMPUR, March 5 (Bernama) -- Xsolla, a global video game commerce company, announced the acquisition of Ho Chi Minh City-based publisher Wetaps Corporation and the simultaneous launch of its Merchant of Record (MoR) services in Vietnam.

Bursa Malaysia Rises On Wall Street Gains

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis.