11m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 5 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rose on Wednesday due to positive market sentiment, with prices surpassing RM4,400 per tonne for the May 2025 benchmark contract, a trader said.
11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
11m ago
KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.
11m ago
KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.
11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives surged at the close on Tuesday as investors turned to safe haven assets after US President Donald Trump confirmed tariffs on Canada, Mexico and China.
11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.
11m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia closed lower for a fourth consecutive day today in tandem with the weak regional market performance on trade war concerns following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has said that the summit that ASEAN plans to hold with the United States (US) is currently in the planning stages.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia stayed in the red at midday as investors braced for an impending escalation in the global trade war, following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- The implementation of renewable energy (RE) exports through the Energy Exchange Malaysia (ENEGEM) is based on excess electricity from the existing electricity supply system, said the Ministry of Energy Transition and Water Transformation (PETRA).
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Local solar industry players should explore alternative markets, particularly in ASEAN, to reduce reliance on the United States (US), the Ministry of Investment, Trade and Industry (MITI) said.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States (US) tariff implementation, an analyst said.