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MATRADE Takes Mitigation Steps To Safeguard Malaysian Exports Amid West Asia Conflicts

KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions. 

Bursa Malaysia Ends Morning Session Higher Ahead Of OPR Announcement

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended the morning trading session higher ahead of the announcement of Bank Negara Malaysia’s overnight policy rate (OPR), with the market expecting the central bank to maintain its policy rate at 2.75 per cent.

ImmunoScape Inks MoU With US Cancer Centre, Secures Investment

KUALA LUMPUR, March 5 (Bernama) -- ImmunoScape Pte Ltd, a clinical-stage biotechnology company, has announced the execution of a memorandum of understanding (MoU) with a premier National Cancer Institute (NCI)-designated Comprehensive Cancer Center in the United States (US).

Xsolla Acquires Wetaps, Launches Vietnam Gaming MoR Services

KUALA LUMPUR, March 5 (Bernama) -- Xsolla, a global video game commerce company, announced the acquisition of Ho Chi Minh City-based publisher Wetaps Corporation and the simultaneous launch of its Merchant of Record (MoR) services in Vietnam.

Bursa Malaysia Rises On Wall Street Gains

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis.

Ringgit Edges Up Vs Greenback Ahead Of OPR Decision

KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.

CPO Futures Close Lower On Weak Export Demand Concerns

By K. Naveen Prabu

KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.

Gold Futures On BMD Decline Despite COMEX Gains, Weighed By Higher Bond Yields

By Siti Noor Afera Abu

KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) declined on Wednesday despite the positive performance of COMEX gold futures, as the market closely monitored the conflict in the Middle East.

Ringgit Rebounds Against US Dollar On Renewed Demand

KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.

Bursa Malaysia Tracks Regional Declines Amid Widening Geopolitical Tensions

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended broadly lower on Wednesday, tracking declines across regional markets, with South Korea posting one of the sharpest drops as investors reacted to widening geopolitical fallout.

Rubber Market Ends Mixed Amid US-Iran Conflict

By Abdul Hamid A Rahman

KUALA LUMPUR, March 4 (Bernama) -- The Kuala Lumpur rubber market ended mixed today as the market sentiment was dampened by escalating geopolitical conflicts between the United States (US) and Iran, a dealer said.

Middle East Tensions Rattle Markets; Malaysia’s Strong Fundamentals Offer Buffer, Says Economist

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 4 (Bernama) -- The Middle East conflict, particularly disruptions along the Strait of Hormuz, has triggered heightened volatility in global markets, with investors shifting towards safe-haven assets amid concerns over energy supply security.