Ringgit Closes Higher Against US Dollar, Major Currencies Ahead of US-China Meeting

ASEAN Urged To Address Financing Issues Before Implementing Regional Fuel-sharing Mechanism

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 13 (Bernama) -- ASEAN should look into the financing aspects of the proposed framework for regional fuel-sharing mechanism before implementing it, said ASEAN Economic Club chairman Tan Sri Michael Yeoh.

Aviation Sector Pushing Resilience, Sustainability Amid Global Shifts - ACI

From Kisho Kumari Sucedaram

BANGKOK, May 13 (Bernama) -- Airports are evolving beyond their traditional role as transportation hubs, and they are increasingly focusing on resilience, sustainability and adaptability amid a rapidly changing global landscape, according to Airports Council International (ACI) Asia-Pacific and Middle East director-general Stefano Baronci.

Rubber Market Ends Lower On Weaker Regional Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 11 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures despite firmer crude oil prices, a trader said.

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

Bursa Malaysia In Negative Territory At Midday On Uncertain West Asia Developments

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia maintained its downward momentum at midday, in line with the weaker performance across regional markets as sentiment was dragged by renewed developments surrounding the United States (US)-Iran conflict. 

Bursa Malaysia Opens Higher Ahead Of OPR Announcement

By Abdul Hamid A Rahman

KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by buying interest in banking and financial stocks ahead of Bank Negara Malaysia’s Overnight Policy Rate (OPR) announcement later today, in line with overnight gains on Wall Street.

Gold Futures End Firmer On Softer US Dollar, Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, May 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared yesterday’s losses to close higher on Wednesday, as a softer US dollar and crude oil prices lifted market sentiment.

Bursa Malaysia Closes Higher On Easing Geopolitical Tensions

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an analyst.

Bursa Malaysia Extends Gains At Midday In Line With Regional Peers

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia extended gains at midday, tracking firmer regional markets amid progress in US-Iran peace talks, an analyst said.

Ringgit Rises As Risk Appetite Returns On Strait Of Hormuz Assurances

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.