1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, influenced by a downtrend in crude oil prices and the stronger ringgit against the greenback, a dealer said.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) posted a wider net loss of RM246.42 million during the third quarter ended Sept 30, 2024 (3Q 2024), as compared to a net loss of RM55.58 million in the same quarter last year.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a four-day winning streak closing lower, taking the cue from the weakness in Chicago Board of Trade (CBOT) soybean oil futures, a dealer said.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.
1y ago
KOTA KINABALU, Nov 4 (Bernama) -- Sabah Electricity Sdn Bhd (Sabah Electricity) has insufficient funds and needs federal government financial support to ensure a sustainable power supply, said chairman Datuk Seri Wilfred Madius Tangau.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.
1y ago
KUALA LUMPUR, Nov 2 (Bernama) -- The Kita Peduli mySalam Carnival held at a shopping centre in Klang today received a positive response, attracting 5,000 visitors, according to Great Eastern Takaful Berhad (GETB) in a statement.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 1 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, influenced by weaker sentiment from regional rubber futures markets, said a dealer.