Gold Futures Close Higher Amid Lower Oil Prices
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.
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Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.
Inflation Expected To Remain Between 1.5 And 2.5 Pct This Year - Akmal Nasrullah
PUTRAJAYA, June 15 (Bernama) -- The Economy Ministry expects Malaysia's inflation rate to remain under control at between 1.5 and 2.5 per cent throughout this year despite pressure from the energy supply crisis and global geopolitical uncertainties.
Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act
By Nik Nurfaqih Nik Wil
JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.
KLCI Futures Likely To Remain Positive Next Week
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.