Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon today, in line with regional markets, amid cautious sentiment amid the ongoing Middle East conflict, which is expected to disrupt energy supply and heighten inflation risks.  

APAC Commodity Issuers Likely To See Divergent Effects With Prolonged Iran Conflict - Fitch Ratings

KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking the weaker Wall Street performance overnight amid concerns over global oil and gas supplies and inflation risks as the Middle East crisis continues.   

GE Aerospace Ramps Up APAC Investment, Malaysia As MRO Growth Hub

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 4 (Bernama) -- GE Aerospace has accelerated investments in Asia Pacific (APAC) with Malaysia as the cornerstone for its regional maintenance, repair and overhaul (MRO) expansion strategy, as the aerospace major prepares for sustained growth in post-pandemic air travel demand.

Bursa Malaysia Lower In Early Trade Amid Weaker Wall Street Overnight

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, tracking Wall Street’s weaker performance overnight.

Ringgit Opens Higher But Remains Under Pressure, Geopolitical Risks Lift US Dollar

KUALA LUMPUR, March 4 (Bernama) -- The ringgit opened slightly higher against the US dollar today but is expected to remain under pressure amid mounting geopolitical tensions, with traders continuing to favour the greenback as a safe-haven asset.

Gold Futures Slip As Stronger US Dollar Offsets Safe-haven Appeal

By Siti Noor Afera Abu

KUALA LUMPUR, March 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives declined on Tuesday, in line with weaker US COMEX gold futures as the greenback strengthens amid the Middle East conflict.

Ringgit Ends Lower As Risk Aversion Boosts US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 3 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as risk aversion strengthened the greenback, with investors remaining cautious amid the escalating conflict in the Middle East.

PAC Calls On Felcra To Reassess 30,000-Hectare Land Bank Goal

KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.

European Markets Fall As Middle East Tensions Escalate

BRUSSELS/FRANKFURT/PARIS, March 3 (Bernama-dpa-AFX) -- Most European markets closed sharply lower on Monday as stocks tumbled amid escalating tensions in the Middle East, following coordinated US and Israeli strikes on Iran and Tehran’s retaliatory attacks on US bases across the region, reported dpa-AFX.

KLCI Futures End Lower

KUALA LUMPUR, March 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on Monday, in line with the subdued performance of the cash market.

Ringgit Eases As Prevailing Risk-off Sentiment Weighs On Local Currency

KUALA LUMPUR, March 2 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as prevailing risk-off sentiment weighed on the local currency amid heightened uncertainty over the conflict in the Middle East.