1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher, snapping a three-day losing streak on bargain hunting.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, April 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) erased earlier gains to close marginally lower on Tuesday as mild bargain hunting activities were offset by cautious mode over ongoing global uncertainties.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, with bulls remaining on the sidelines amid a risk-off mood, fuelled by concerns over a potential global trade war.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed lower against the US dollar today, mirroring the broader trend across Asian currencies amid ongoing concerns over escalating trade tensions.
1y ago
KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 5 (Bernama) -- The ringgit is projected to trade between 4.41 and 4.42 against the US dollar next week, according to an analyst.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 4 (Bernama) -- The Malaysian-German Chamber of Commerce and Industry (MGCC) has ramped up its strategic advisory efforts to support Malaysian businesses in navigating the economic challenges posed by the United States’ (US) latest tariff measures.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 4 (Bernama) -- The ringgit ended the week on a firmer footing against the US dollar amidst uncertainties over the reciprocal tariff imposed by the United States (US) administration, said an analyst.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit retreated to open marginally lower today, weighed by pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 3 (Bernama) -- The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today, said an analyst.