Kuala lumpur: The ringgit closed lower against the US dollar on Thursday, with escalating tensions in the Middle East impacting market sentiment and strengthening the greenback. At 6 pm, the ringgit was recorded at 3.9415/9480 against the US dollar, d…
Ho chi minh city: Xsolla, a global video game commerce company, announced the acquisition of Ho Chi Minh City-based publisher Wetaps Corporation and the simultaneous launch of its Merchant of Record (MoR) services in Vietnam. This strategic initiative…
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
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
