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JAKARTA, June 20 (Bernama) -- Indonesia's plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well as buyers and traders in major markets, with analysts assessing its potential implications for the global palm oil trade.
KUALA LUMPUR, June 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the RM4,200 to RM4,300 per tonne range despite easing tensions in West Asia, said a trader.
KUALA LUMPUR, June 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain volatile next week as investors await the release of the core personal consumption expenditures (core PCE) price index for clues on the US Federal Reserve's (Fed) interest rate trajectory.
KUALA LUMPUR, June 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to trend within the 1,700-1,730 range next week, with the potential to test the upper end of the range should external sentiment remain favourable.
KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market is expected to trade sideways with a slight downward bias next week as easing geopolitical tensions and mixed supply conditions shape sentiment, said industry expert Denis Low.
KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.
KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.
KUALA LUMPUR, June 20 (Bernama) -- Malaysia and Turkmenistan have reaffirmed their commitment to expanding cooperation in the energy sector, acknowledging Petroliam Nasional Bhd’s (Petronas) longstanding and positive contributions in the field.
From Sharifah Hunaini Syed Ismail
ASHGABAT, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), commemorated 30 years of operations in Turkmenistan today, through the signing of a series of agreements that reinforce its long-standing partnership with the country.
By K. Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday amid expectations of a possible US Federal Reserve (Fed) interest rate hike later this year, which will support the US dollar and weigh on the appeal of the precious metal.
KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN), June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Turkmenistan President Serdar Berdimuhamedov today witnessed the signing of a strategic partnership between Petronas and Turkmenistan authorities, marking a new chapter in economic and energy relations between the two countries.
