Gold Prices See Biggest Weekly Drop Since 1983
ISTANBUL, March 21 (Bernama-Anadolu) -- The price of gold saw the biggest weekly drop since 1983, decreasing more than 10 per cent to below US$4,500 threshold on Friday.
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Volatility Seen Continuing For Bursa Malaysia Next Week After Raya Break
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- Trading on Bursa Malaysia is expected to continue to be volatile next week after the Raya break, although the broader trend still points to a gradually rising momentum.
Ringgit Set To Remain Stable At 3.95 Level Against US Dollar Next Week
By Danni Haizal Danial Donald
KUALA LUMPUR, March 21 (Bernama) -- The ringgit is expected to remain stable next week, trading at around the 3.95 level against the US dollar amid the festive period.
CPO Futures Seen Trading Higher Next Week Amid Rising Energy Prices
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week amid the conflict in West Asia.
FBM KLCI Futures Likely To Trade In Cautious Mode Next Week
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, in line with the cautious tone in the cash market.
Malaysia’s Unsubsidised Fuel Price Increase Reflects Global Oil Trends -- Analyst
KUALA LUMPUR, March 20 (Bernama) -- Recent increases in unsubsidised fuel prices in Malaysia reflect rising global oil prices, according to an analyst.
Indonesia To Boost Coal Output As Oil Prices Surge
JAKARTA, March 20 (Bernama) -- Indonesia plans to increase coal production in response to rising global oil prices, Coordinating Minister for Economic Affairs Airlangga Hartarto said.
MPOB Launches Used Cooking Oil Price Portal To Boost Circular Economy
KUALA LUMPUR, March 20 (Bernama) — The Malaysian Palm Oil Board (MPOB) is encouraging industry players and the public to participate actively in the trading of used cooking oil (UCO) as part of efforts to support the nation’s circular economy.
Social Media Sparks Rapid Growth In Malaysia’s “Durian Tourism”
KUALA LUMPUR, March 20 (Bernama) — Malaysia has seen a growing “durian tourism” trend, with international visitors, particularly those from China, increasingly building short breaks and day trips around peak durian seasons and well-known producing areas, which appeal is both culinary and experiential.
IMF Warns Prolonged Energy Price Surge Could Lift Inflation
ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.
European Energy Prices Rise Amid West Asia Tensions
LONDON, March 19 (Bernama-Xinhua) -- European gas and oil prices rose sharply in early trading on Thursday as escalating tensions in West Asia and attacks on energy infrastructure in Qatar and Iran have heightened concerns over supply disruptions, reported Xinhua.
CPO Futures Close Higher On Energy Gains, Indonesia Biodiesel Expectations
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Thursday, tracking gains in energy prices and Indonesia’s biodiesel policy expectations.