Kuala lumpur: Brent crude prices are expected to stabilise after an initial geopolitical-driven spike, keeping Malaysia’s inflation modest at 1.6-1.9 per cent and the 2026 fiscal deficit on track at 3.5 per cent of gross domestic product (GDP), Apex S…
Kuala lumpur: The government is studying the risk of cost-push inflation in light of the ongoing conflict in the Middle East that has driven up oil prices and fuel costs, said Deputy Economy Minister Datuk Mohd Shahar Abdullah. He said the conflict in…
Kuala lumpur: Gold futures on Bursa Malaysia Derivatives (BMD) settled lower on Thursday despite gains in COMEX gold futures, as shifting market sentiment reduced the urgency for investors to hold the precious metal as a geopolitical hedge.
Accordin…
Kuala lumpur: Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.
According to BERNAMA News …
Kuala lumpur: Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today. The central bank stated that this rate level is considered appropriate and su…
Abu dhabi: Petroliam Nasional Bhd (Petronas) has activated its business continuity protocols for its United Arab Emirates (UAE) operations to ensure operational and financial performance across the region. In an email response to Bernama, the national…