1d ago
KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.
2d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 16 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday in tandem with regional rubber futures markets that tracked the economic performance of rubber consuming regions such as the United States and China, a dealer said.
4d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 14 (Bernama) -- The adjustment of fuel prices under the Automatic Pricing Mechanism (APM) is a critical tool to manage volatility in global oil markets and ensure a stable, continuous fuel supply in Malaysia, BHPetrol said.
6d ago
KUALA LUMPUR, March 12 (Bernama) -- The Armed Forces Fund Board (LTAT) expects its dividend payout to remain at five per cent for the financial year 2026, supported by a strategy to strengthen reserves to cushion potential market volatility.
8d ago
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.
8d ago
KUALA LUMPUR, March 10 (Bernama) -- The mobile market is on track for low single-digit revenue growth in 2026, consistent with guidance from both CelcomDigi Bhd (CDB) and Maxis Bhd, as Digital Nasional Bhd (DNB) is likely to remain as the focal point of investors’ concern in the near term.
16d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
16d ago
KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
17d ago
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
22d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Gas Bhd’s (PGB) net profit decreased to RM1.73 billion in the financial year ended Dec 31, 2025 (FY2025) from the previous financial year’s RM1.84 billion.
22d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking overnight losses on Wall Street.