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There are 112 news based on search keyword " strait of hormuz"

Rubber Market Closes Lower On Softer China Demand, Weaker US Economic Data

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 7 (Bernama) -- The Kuala Lumpur rubber market closed lower on Tuesday, weighed down by softer near-term demand from China and weaker economic data from the United States.

APAC Offshore Spending Remains Stable Post-West Asia Conflict

By Siti Radziah Hamzah

KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.

Tomei Calls For Import Duty Waiver On Stamped Gold Bars

By Niam Seet Wei

KUALA LUMPUR, July 5 (Bernama) -- Tomei Consolidated Bhd hopes the government will exempt imported stamped gold bars from the 10 per cent import duty to keep gold investment affordable for ordinary Malaysians.

Malaysia Welcomes Understanding Between US, Iran – PM Anwar

KUALA LUMPUR, July 2 (Bernama) -- Malaysia has welcomed the understanding reached between the United States and Iran aimed at ending months of hostilities, while commending the role of Gulf countries, Türkiye, Pakistan and others in facilitating the memorandum of understanding.

Global Air Passenger Demand Down 2.2 Pct In May 2026

KUALA LUMPUR, June 30 (Bernama) -- Total air passenger demand, measured in revenue passenger kilometres (RPK), declined 2.2 per cent year-on-year (y-o-y) in May 2026, according to the International Air Transport Association (IATA).

MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.

Ringgit To Trade Within RM4.09-RM4.11 Next Week Ahead Of Key Economic Data Releases

By Danni Haizal Danial Donald

KUALA LUMPUR, June 27 (Bernama) -- The ringgit is expected to trade within the RM4.09 to RM4.11 range next week as investors await key economic data releases.

Rubber Market Seen Lower Next Week On Improving Supply, Lower Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 27 (Bernama) -- The Kuala Lumpur rubber market is expected to trade lower next week, weighed down by lower crude oil prices and improving supply conditions, according to industry expert Denis Low.

Ringgit Opens Marginally Lower As Strong US GDP Supports Dollar

KUALA LUMPUR, June 26 (Bernama) -- The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback.

CPO Futures Extend Loss For Third Day On Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the third consecutive trading day, pressured by weaker crude oil prices.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Ringgit Opens Firmer On Stronger Investor Sentiment, FDI Surge

KUALA LUMPUR, June 25 (Bernama) -- The ringgit opened firmer against the US dollar today, extending yesterday’s gains as investor sentiment improved after data showed Malaysia’s foreign direct investment (FDI) surged 41.2 per cent to RM65.9 billion in 2025.