Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

KUALA LUMPUR, The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

He said the ongo…

AKPK Introduces ‘GROW’ Series In Conjunction With Financial Literacy Month

KUALA LUMPUR, In conjunction with this year’s Financial Literacy Month (FLM), the Credit Counselling and Debt Management Agency (AKPK) has introduced a four-series publication with the salient objective of improving the current economic landscape thr…

Middle East Tensions To Sustain Interest In Gold Futures Next Week

KUALA LUMPUR, Interest in the gold futures contract on Bursa Malaysia Derivatives is likely to sustain next week amid the Middle East tensions, but the anticipation of a stronger US dollar could put downward pressure on prices.

SPI Asset Management …

Selangor Hopes Budget 2025 Will Provide Allocation To Empower EandE Industry, Flood Mitigation, Logistics

SHAH ALAM, The Selangor government hopes that Budget 2025 to be tabled by the Federal Government can provide an impetus in the allocation for the empowerment of the electrical and electronics (EandE) industry, flood mitigation and logistics in the st…

CPO Futures Likely To Trade With Upward Bias Next Week

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.

However, Palm oil trader David Ng said the market would likel…

Johor Govt Committed To Continuing Tabung Kasih Johor-Palestin Fund

BATU PAHAT, The Johor government is committed to continuing its support for the Palestinian people through the Tabung Kasih Johor – Palestin fund, which was established last year.

State Committee on Islamic Affairs chairman Mohd Fared Mohd Khalid, s…

Ringgit Seen Holding Steady Against US Dollar Next Week

KUALA LUMPUR, The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

Bank M…