Local Gold Futures End Higher In Line With US Market
KUALA LUMPUR, Nov 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, mirroring the positive momentum in the United States COMEX gold market.
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CPO Futures End Higher For Third Consecutive Day
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the third consecutive day, a trader said.
Tropicana Corp's 3Q Net Loss Surges To RM454.93 Mln
KUALA LUMPUR, Nov 27 (Bernama) -- Tropicana Corporation Bhd’s net loss surged to RM454.93 million in the third quarter (3Q) ended Sept 30, 2024, from RM10.34 million net loss recorded in the same period last year.
Rubber Market Ends Mixed Amid Steady Oil, Supply Tightness
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.
Targeted Diesel Subsidy Rationalisation Not Main Driver Of Rising Manufacturing Costs - MOF
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.
CPO Futures End Higher, Tracking Firmer Soybean Oil Futures On CBOT
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking the stronger soybean oil market on the Chicago Board of Trade (CBOT), a trader said.
Gold Futures End Lower As Investors Shift Focus, Diverging From COMEX Gains
KUALA LUMPUR, Nov 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, contrary to the positive trend seen in the United States COMEX gold market.
Ringgit Weakens After Trump Announces New Tariffs On Mexico, Canada
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.
CPO Futures End Three-day Losing Streak Amid Stronger Soybean Oil Prices
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 25 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.
MPIC Confident About Hitting Timber Industry Export Target Of RM28 Bln By 2025
KUALA LUMPUR, Nov 25 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) is confident of achieving its target of RM28 billion in export value for timber and timber products by 2025, as outlined under the National Agricommodity Policy 2030.
Gold Futures End Lower, Tracking US COMEX Gold Market
KUALA LUMPUR, Nov 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, mirroring the downtrend in the United States COMEX gold market.
Malaysia Boosts Global Semiconductor Ties As Protectionist Measures Loom
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.