Ringgit Opens Slightly Higher Amid Hopes Of US-Iran Talks Progress

KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday amid signs of progress in diplomatic talks between Washington and Tehran.

CPO Futures End Lower On Weaker Crude Oil Prices, Inventory Concerns

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, weighed down by weaker crude oil prices and concerns over elevated Malaysian inventories.

Dialog To Expand Tanjung Langsat Storage Capacity By 100,000 Cubic Metres

KUALA LUMPUR, Nov 2 (Bernama) -- Dialog Group Bhd is undertaking a new expansion phase at its Tanjung Langsat terminals in Johor with an additional 100,000 cubic metres of storage capacity for petroleum products.

Brent Forecast Raised To US$100 Per Barrel By End-2026 -- OCBC

KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.

Rubber Market Ends Mixed

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 2 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker ringgit against the US dollar, a dealer said.

HSBC Sees Ringgit Trading At 4.10-4.20 Against US Dollar In 2027

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit could trade between 4.10 and 4.20 against the US dollar in 2027, compared with its current range of 4.05 to 4.10, according to HSBC Global Investment Research.

Local Gold Prices Expected To Remain Stable Until Year-end

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 2 (Bernama) -- Local gold prices are expected to remain stable or slightly increase from current levels until the end of this year, amid geopolitical uncertainties and changes in the global economic structure, said an economist.

Bursa Malaysia's Key Index Ends Morning Session Higher

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia’s key index ended the morning session higher, supported by bargain hunting in selected blue-chip stocks amid cautious regional sentiment.

BNM Issues Commemorative Coins For National Audit Department’s 120th Anniversary, EPF’s 75th Anniversary

KUALA LUMPUR, Nov 2 (Bernama) -- Bank Negara Malaysia (BNM) has announced the issuance of two limited-editioncommemorative coins in conjunction with the 120th anniversary of the National Audit Department (JAN120) and the 75th anniversary of the Employees Provident Fund (KWSP75).

MotoGP To Assess West Asia Conditions For Next Year, Rules Out Rotation Plans - Deputy CEO

KUALA LUMPUR Nov 2 (Bernama) -- MotoGP Sports Entertainment Group SL will assess conditions in West Asia as it plans next year’s schedule, with no immediate plans to rotate races if the regional conflict is prolonged, its deputy chief executive officer (CEO) Carlos Ezpeleta said.

Mi Technovation Shares Fall Following Singapore Property Acquisition

KUALA LUMPUR, Nov 2 (Bernama) -- Mi Technovation Bhd’s shares fell in early trade on Monday following the group’s planned acquisition of a freehold industrial building in Singapore for S$103.88 million (RM331.8 million).

Kenanga Raises Loan Growth Forecast To 5.5-6.0 Pct, Expects OPR To Stay At 2.75 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- Kenanga Investment Bank Bhd has raised its loan growth forecast for this year to a range of 5.5 per cent to six per cent from five per cent to 5.5 per cent, with projections extended into 2027.