KUALA LUMPUR, March 11 (Bernama) -- The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 10 (Bernama) -- Investors should diversify their portfolios and consider shifting towards low-risk, higher-quality investments during periods of uncertainty caused by volatile oil prices, according to Asia School of Business chief executive officer and president Prof Joseph Cherian.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives pared yesterday’s gains to close lower on Tuesday.
KUALA LUMPUR, March 10 (Bernama) -- Malaysia’s status as an oil producer, along with the income generated from the sector, helps the government protect the public from the impact of rising energy prices, said the chairman of the Malaysian Investment Development Authority (MIDA), Tengku Datuk Seri Zafrul Abdul Aziz.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 10 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at Tuesday's close following a sharp drop in crude oil prices amid comments from US President Donald Trump suggesting the war in Iran could end soon.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.
KUALA LUMPUR, March 10 (Bernama) -- The Dewan Negara has passed the Supplementary Supply Bill (2025) 2026 for the first additional operating expenditure for 2025 amounting to RM8.4 billion.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The Kuala Lumpur rubber market remained steady today amid hopes that the United States-Israeli war on Iran will end soon, said a dealer.
By Zufazlin Baharuddin
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran conflict, alongside Malaysia’s stronger Industrial Production Index (IPI) data.
By Siti Radziah Hamzah
KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran.
KUALA LUMPUR, March 10 (Bernama) -- The short selling under intraday short-selling (IDSS) for three oil and gas-related (O&G) companies on Bursa Malaysia has been suspended for the rest of the day today.
KUALA LUMPUR, March 10 (Bernama) -- A coordinated government–industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruption around the Strait of Hormuz on Malaysia’s manufacturing exports and maritime trade, said the Federation of Malaysian Manufacturing (FMM).
