14d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, tracking losses in regional rubber futures markets and lower benchmark crude oil prices.
14d ago
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended higher at midday, supported by continued buying interest in heavyweights, amid mixed regional market performance.
14d ago
KUALA LUMPUR, June 18 (Bernama) -- Daicel Corporation’s High Performance Polymers Strategic Business Unit (formerly Polyplastics Co Ltd) has announced its DURAST POM fine powder has been adopted in a new stick-form lubricant developed by Japan-based Maia Co Ltd, marking a novel application for the engineering plastic material in maintenance operations.
14d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.
14d ago
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN) June 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Turkmenistan from June 18 to 19 is highly significant as it is expected not only to create more opportunities for cooperation in the oil and gas sector but also to enhance collaboration in other industries such as transportation, logistics and agriculture between the two countries.
14d ago
By Nurul Hanis Izmir
KAZAN, June 18 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim expressed appreciation to Russian President Vladimir Putin for Russia’s support in strengthening energy cooperation with Malaysia, especially Petroliam Nasional Bhd (Petronas).
14d ago
By Nurul Hanis Izmir
KAZAN, June 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin discussed various aspects of bilateral cooperation, including the potential to strengthen ties in the energy sector, one of the strategic areas for both countries.
14d ago
By Siti Radziah Hamzah
TASHKENT, June 17 (Bernama) -- Agrobank is targeting to establish trade facilitation and payment settlement arrangements linking Malaysia with Uzbekistan and the wider Commonwealth of Independent States (CIS) region by year-end.
15d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.
15d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today amid concerns over weather-related issues, a trader said.
15d ago
KUALA LUMPUR, June 16 (Bernama) -- Crude oil prices are expected to retain a residual geopolitical risk premium of between US$5 and US$10 per barrel despite the virtual signing of the United States (US)-Iran memorandum of understanding (MoU), said Rystad Energy.
15d ago
KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.