14d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the US Commodity Exchange (COMEX), amid rising expectations of a US interest rate hike following US Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium
15d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 1 (Bernama) -- The rubber market ended slightly higher today, supported by steady crude oil prices and a weaker ringgit against the US dollar, a dealer said.
15d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.
15d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) upstream capital expenditure (capex) will recover in the financial year ending Dec 31, 2027, alongside rising energy security investments across the region, said Hong Leong Investment Bank (HLIB) today.
15d ago
KUALA LUMPUR, Sept 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) posted above the neutral mark of 50.0 that separates growth from contraction for a third straight month in August.
15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia opened higher on Tuesday but soon pared its gains, tracking Wall Street’s weaker performance yesterday.
15d ago
KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
15d ago
KUALA LUMPUR, Aug 31 (Bernama) -- Global demand for air cargo, measured in cargo tonne-kilometres (CTK), grew 3.9 per cent in July from a year earlier, while international demand rose 4.7 per cent, the International Air Transport Association (IATA) said.
18d ago
KOTA BHARU, Aug 29 (Bernama) -- The government is monitoring inflation movements due to developments in the West Asian crisis to ensure cost pressures from supply disruptions and rising commodity prices do not burden the people.
18d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.
18d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.
18d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to maintain a bullish bias next week, supported by firm fundamentals and expectations of tighter supply.