KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
KUALA LUMPUR, March 2 (Bernama) -- Velesto Energy Bhd's (VEB) indirect wholly owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract worth US$157 million from Petronas Carigali Sdn Bhd (PCSB) to provide a jack-up drilling rig for the PCSB 2026-2030 contract period.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia opened in the red, with the benchmark index falling more than 1.0 per cent, in line with most regional markets, amid intensified risk-off sentiment as concerns over the Middle East conflict escalated.
KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia ended lower on Friday as investors locked in gains following a recent rally.
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia closed lower on Thursday but managed to rebound from its intraday low, weighed down by profit-taking, particularly in financial stocks.
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia closed the morning session lower, tracking softer regional markets.
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia opened higher on Thursday but slipped into negative territory amid profit-taking, despite Wall Street’s overnight rally.
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.
