16d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 6 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade in a volatile “yo-yo” pattern next week, as year-end holidays lead to reduced participation from international traders, a trader said.
16d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a two-day losing streak to close higher on Friday, supported by bargain buying following a bullish recovery in Dalian Commodity Exchange (DCE) refined, bleached, and deodorised (RBD) palm olein futures, a researcher said.
16d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.
16d ago
KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).
16d ago
GENTING HIGHLANDS, Dec 5 (Bernama) -- The Federal Land Development Authority (FELDA) has proposed the establishment a national task force led by the Ministry of Natural Resources and Environmental Sustainability to ensure that Malaysia develops a robust, transparent, and internationally recognised framework for oil palm-based carbon credits.
16d ago
GENTING HIGHLANDS, Dec 5 (Bernama) -- The palm oil sector could be a major contributor towards Malaysia’s goal of achieving net-zero emissions by 2050, rather than a liability, as mature oil palm plantations sequester substantial amounts of carbon dioxide (CO2).
16d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Two research firms expect order flows at VS Industry Bhd to improve over the coming quarters despite a weaker first-quarter performance, while another has maintained a cautious view due to softer customer demand and margin pressure.
17d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, announced the completion and commissioning of its first in-house quantum computer, assembled and operated at its Singapore headquarters.
17d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close lower on Thursday, driven by a confluence of bearish factors, while the stronger ringgit against the US dollar exerted additional downward pressure on ringgit-denominated CPO contracts.
17d ago
From Siti Noor Afera Abu
LAS VEGAS, Dec 3 (Bernama) -- US-based cloud company Snowflake today announced that it has deepened strategic partnerships with Amazon Web Services (AWS), Anthropic and Accenture to expand its artificial intelligence (AI) services and capabilities.
17d ago
KUALA LUMPUR, Dec 4 (Bernama) -- OTC Markets Group Inc and Moomoo, a global investment and trading platform, announced a major achievement in retail investing as Moomoo officially connects to OTC Markets’ MOON ATS, delivering seamless, around-the-clock market access for investors worldwide.
17d ago
KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to expand by 4.6 per cent in 2026, supported by improving external demand despite a slight moderation in domestic activity, said CGS International Securities Malaysia Sdn Bhd.