Bursa Malaysia Pares Losses To Open Higher, Tracking Wall Street's Gains

KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street.

Ringgit Jumps 135 Basis Points To 3.96 Against US Dollar At Opening

KUALA LUMPUR, April 14 (Bernama) -- The ringgit jumped 135 basis points to rebound to the 3.96 level against the US dollar at the opening today, supported by improved global risk sentiment amid expectations of a potential second-round negotiation between the US and Iran.

CPO Futures Close Higher Tracking Stronger Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking stronger crude oil prices amid the ongoing conflict in West Asia, a trader said.

Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.

Lack Of GCC Unity Complicates Iran War, Says Academic

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.

Rubber Market Ends Mixed Tracing Regional Rubber Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday tracing the regional rubber futures, a dealer said.

Malaysia's Growth Outlook Intact Despite The Strait Of Hormuz Blockade -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.

Hibiscus Petroleum In Good Stead Despite West Asia Conflicts - Chairman

KOTA BHARU, April 13 (Bernama) -- Hibiscus Petroleum Bhd is well positioned to weather global geopolitical tensions and the ongoing conflict in West Asia, including uncertainty as a result of high crude oil prices.

Palm Oil To See Lower Inventory In 2Q, Driven By Stronger Exports - Analyst

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil inventory is expected to inch down in the second quarter (2Q) of the year, driven by stronger exports as buyers stock up amid uncertainty over the current ceasefire in West Asia.

Global Energy Crisis: Moderation, Public Prudence Key To National Resilience

By Nurul Hanis Izmir

PUTRAJAYA, April 13 (Bernama) -- Amid global economic uncertainty driven by geopolitical tensions and volatile crude oil prices, the key question is no longer only how effectively governments can manage the crisis, but how far the public is prepared to help limit its impact.

Government Explores Alternatives For Medicine, Device Supply And Price Issues – Akmal Nasrullah

JOHOR BAHRU, April 11 (Bernama) -- The government will take intervention measures to address issues of supply and rising prices of medicines and medical devices, including exploring alternative sources of materials, following the global energy crisis.

Geopolitical Developments May Pivot Gold Futures To US$4,800 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, April 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, potentially approaching US$4,800 amid ongoing geopolitical developments.