<div class=newsTextDataWrapInner><p>TOKYO (Feb 13): Benchmark Tokyo rubber futures hit their highest in nearly two weeks on Monday, as sharp gains in Shanghai futures and a weaker yen buoyed market sentiment.</p></div>

<div class=newsTextDataWrapInner><p>Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, jumped more than 5% to 327.8 yen (US$2.88) at one point, the highest since Feb 1.</p></div>

<div class=newsTextDataWrapInner><p>Brokers said TOCOM has been tracking Shanghai closely recently, which got support from much stronger-than-expected Chinese trade data.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The dollar rose to a two-week high versus the yen, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly.</p></div>

<div class=newsTextDataWrapInner><p>China's natural and synthetic rubber imports last month rose 10.9% from a year earlier to 510,000 tonnes, trade data showed on Friday.</p></div>

<div class=newsTextDataWrapInner><p>The Tokyo Commodity Exchange rubber contract for July delivery finished 14.3 yen or 4.6%, higher at 326 yen per kg.</p></div>

<div class=newsTextDataWrapInner><p>The most active rubber contract on the Shanghai futures exchange for May delivery rose 1,150 yuan to finish at 22,005 yuan (US$3,197) per tonne.</p></div>

<div class=newsTextDataWrapInner><p>The front-month rubber contract on Singapore's SICOM exchange for March delivery last traded at 229.40 U.S. cents per kg, up 5.6 cents.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><span style=&quot;font-size:12px;&quot;><em>(US$1 = 113.6600 yen)<br />
(US$1 = 6.8830 Chinese yuan)</em></span></p></div>


TOKYO (Feb 13): Benchmark Tokyo rubber futures hit their highest in nearly two weeks on Monday, as sharp gains in Shanghai futures and a weaker yen buoyed market sentiment.

Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, jumped more...

TOCOM hits near 2-week high on Shanghai gains

Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.

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Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.

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Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is the entity that is bidding to acquire SriLankan Airlines, and if it materialises, will raise its own capital for the acquisition, according to chief executive officer Tan Sri Tony Fernandes.

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It has been a volatile and strange month in the markets. Gold prices crossed an all-time high of over US$2,400 per ounce after Iran launched 350 drones and missiles against Israel, having just crossed US$2,000 earlier in the month. The US 10-year Treasuries yield went back up to 4.6% per annum, w...

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The original Canary Wharf estate has become a poster child for the problems facing office landlords. Ageing buildings, the new demands of flexible work and a banking industry upended by the global financial crisis have led to a steady drumbeat of shrinking demand and departing tenants over the past months.

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One of the world’s busiest land checkpoints is set to become less congested as Malaysians travelling to Singapore on factory buses will be able to clear immigration through QR code.

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<p>Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.</p>


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<p>E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.</p>


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<p>Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.</p>


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<p>Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.</p>


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<p>Analysts predict a decline in earnings for Malaysian automotive companies in 2024, attributed to lower sales volumes and higher operating costs, coupled with the emergence of several Chinese original equipment manufacturers (OEMs) offering attractive pricing.</p>


<p>Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.</p>


<p>Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.</p>


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<p>Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.</p>


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<p>Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.&nbsp;</p>


<p>Meta Bright Group Bhd said its wholly owned subsidiary FBO Land (Serendah) Sdn Bhd and Doople Tech Sdn Bhd have entered a solar supply agreement with Cherengin Hills Sdn Bhd, following its recent collaboration with Doople to form a joint venture (JV) company to bid for renewable energy (RE) projects with a Bumiputera equity requirement.</p>


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<p>RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.</p>


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<p>One of the world’s busiest land checkpoints is set to become less congested as Malaysians travelling to Singapore on factory buses will be able to clear immigration through QR code.</p>


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<p>Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.</p>
