| LATEST NEWS | The ACE Market debutant, 5E Resources, opened at 28 sen, a two-sen premium to its IPO price, with 36.22 million shares traded. | |
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.
KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.
KUALA LUMPUR, March 8 (Bernama) - Malaysia’s Finance Minister II Amir Hamzah Azizan and Thailand’s Deputy Prime Minister and Finance Minister Dr Ekniti Nitithanprapas have met in Bangkok to discuss current economic developments and strengthen cooperation between Malaysia and Thailand.
PUTRAJAYA, March 7 (Bernama) -- Lufthansa German Airlines will resume direct services between Kuala Lumpur and Frankfurt at the Kuala Lumpur International Airport (KLIA) starting at the end of October this year, marking its return to Malaysia after nearly a decade.
From Nurhafizah Tan
BEIJING, March 7 (Bernama) -- China’s Guangdong province is looking to deepen economic cooperation with Southeast Asian countries, including Malaysia, through closer industrial integration, expanded market channels and increased two-way investments.
By Siti Noor Afera Abu
KUALA LUMPUR, March 7 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week as market sentiment continues to be shaped by developments in the Middle East, while investors will also keep a close watch on the trajectory of crude oil prices and upcoming US economic data.
KUALA LUMPUR, March 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to stay under pressure next week as higher US yields continue along its current trajectory.
KUALA LUMPUR, March 7 (Bernama) -- Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field of maritime and oil and gas, Nazery Khalid.
KUALA LUMPUR, March 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade positively next week, supported by stronger crude oil prices amid the United States-Iran conflict, a trader said.
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia is expected to trade with intermittent volatility next week as investors reassess the implications of the escalating conflict in the Middle East, said analysts.
By K. Naveen Prabu
KUALA LUMPUR, March 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger crude oil prices amid United States-Iran conflict, a trader said.
KUALA LUMPUR, March 6 (Bernama) -- ASEAN should mobilise its immense pool of regional funds to meet the bloc’s investment needs and in the process create corporate champions, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said.
