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Trading firm bags awards for fifth consecutive year
A BROKERAGE firm has been honoured by Bursa Malaysia Bhd at the Bursa Excellence Awards 2021.
Oil prices dive as U.S. weighs record reserves release
SINGAPORE: Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near 50-year history of the SPR.
CPO stocks fall in December on lower production
KUALA LUMPUR: Malaysian crude palm oil (CPO) stocks for December 2021 fell 11.89% to 830,339 tonnes from 942,354 tonnes in the previous month on lower production and export, the Malaysian Palm Oil Board (MPOB) said.
Malaysia end-Dec palm oil stocks smaller than expected as output plummets
KUALA LUMPUR: Malaysia's palm oil stocks at the end of December fell steeper than expected as production nosedived to its lowest in nine months, data from the nation's palm oil board showed on Monday, further tightening inventories for 2022.
Gold holds biggest decline in six weeks after bond yields surge
NEW YORK: Gold was steady after posting its biggest drop in six weeks as bond yields surged, with investors bracing for monetary policy tightening in 2022.
Gold steady near 6-week high as Omicron woes counter higher yields
Gold prices held steady near a six-week high on Monday in thin trade, as safe-haven buying fuelled by an Omicron-driven surge in coronavirus infections countered pressure from higher U.S. Treasury yields.
Gold futures to remain muted
PETALING JAYA: The gold futures contract on Bursa Malaysia Derivatives is expected to remain muted this week on a lack of interest, a dealer says.
Alliance Bank's brokerage disposal could support dividend payout
KUALA LUMPUR: Alliance Bank Malaysia Bhd's disposal of its stockbroking business in Alliance Investment Bank to Phillip Futures could support dividend payout and allow the bank to redeploy capital, said RHB Research.
