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Asian Shares Plunge As Iran Conflict Worsens

BEIJING, March 19 (Bernama-dpa-AFX) -- Asian stocks nosedived on Thursday as rising oil prices following attacks on key energy infrastructure in West Asia rekindled concerns about inflation, interest rates, and the regional growth outlook, reported dpa-AFX.

Ringgit Opens Firmer Versus US Dollar On Improved Sentiment

KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand. 

Oil Prices Climb Again With Brent Crude Hitting US$106 A Barrel Amid US-Iran Escalation

ISTANBUL, March 16 (Bernama-Anadolu) -- Oil prices rose again, with Brent crude hitting US$106 a barrel early Monday before retreating slightly to over US$104 as an escalation in West Asia tensions persists, Anadolu Ajansi reported.

1,700 Level Crucial Turning Point On Bursa Malaysia Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia is likely to trade with a cautious tone as investors closely monitor developments in West Asia and movements in global energy prices.

Ringgit Opens Easier Against US Dollar, Firmer Against Majors

KUALA LUMPUR, March 13 (Bernama) -- The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an economist said.

Trump Says Oil Reserves Release Will Push Prices Down

WASHINGTON, March 12 (Bernama-dpa) -- US President Donald Trump said he will release strategic oil reserves to stabilise rapidly rising prices, adding that the reserves would be replenished afterwards, German Press Agency (dpa) reported.

US Investigates Manufacturing Overcapacity In 15 Economies, Including Malaysia, EU

By Nor Baizura Basri

KUALA LUMPUR, March 12 (Bernama) -- The United States (US) has initiated investigations into the acts, policies, and practices of 15 economies, including Malaysia and the European Union (EU), under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors.

Bursa Malaysia Higher At Midday, Tracking Gains In Most Regional Peers

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained higher at midday, tracking the upbeat performance of most regional peers.

Bursa Malaysia Opens Marginally Lower After Volatile Wall Street Session

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.

Ringgit Opens Flat Vs US Dollar, Firmer Against Other Majors

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.

Investors Should Diversify Portfolios Amid Oil Price Volatility - Asia School Of Business CEO

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.