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Govt To Form Special Committee To Study Impact Of US-Iran Conflict, National Oil Supply Under Control - PM Anwar

KUALA LUMPUR, March 11 (Bernama) -- The government will establish a special committee to study the impact of the United States (US)-Iran conflict on the national economy following geopolitical tensions in West Asia.

CPO Prices Seen Averaging RM4,100-RM4,200 Per Tonne In 2026

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) prices are projected to average between RM4,100 and RM4,200 per tonne in 2026, supported by firmer crude oil prices that could improve biodiesel economics and support Indonesia’s potential B50 mandate.

Bursa Malaysia Higher At Midday, Tracking Gains In Most Regional Peers

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained higher at midday, tracking the upbeat performance of most regional peers.

Bursa Malaysia Opens Marginally Lower After Volatile Wall Street Session

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.

Ringgit Opens Flat Vs US Dollar, Firmer Against Other Majors

KUALA LUMPUR, March 11 (Bernama) -- The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals.

Ringgit Rises As Oil Price Falls After Trump Signals Quick End To Iran War

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 10 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at Tuesday's close following a sharp drop in crude oil prices amid comments from US President Donald Trump suggesting the war in Iran could end soon.

Jet Fuel Surge Hits Asia's Airlines, Carriers Raise Surcharges

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.

Kuala Lumpur Rubber Market Unchanged Amid Mixed Regional Performance

By Danni Haizal Danial Donald

KUALA LUMPUR, March 10 (Bernama) -- The Kuala Lumpur rubber market remained steady today amid hopes that the United States-Israeli war on Iran will end soon, said a dealer.

Bursa Malaysia Rebounds To Reclaim 1,700 Level At Close

By Zufazlin Baharuddin

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran conflict, alongside Malaysia’s stronger Industrial Production Index (IPI) data.

Bursa Malaysia Stays Higher At Midday In Line With Regional Market Gains

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia remained higher at midday, tracking regional markets which rose after US President Donald Trump signalled a potential end to the war with Iran.

Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves

By Siti Radziah Hamzah

KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran. 

Short Selling Of Three O&G Companies' Shares Suspended Today

KUALA LUMPUR, March 10 (Bernama) -- The short selling under intraday short-selling (IDSS) for three oil and gas-related (O&G) companies on Bursa Malaysia has been suspended for the rest of the day today.