Malaysia’s medical glove makers face weeks of delays in delivering products to customers abroad due to a global shortage of shipping containers, hampering their ability to meet demand during the coronavirus crisis, industry officials said.

Kossan Rubber Industries Bhd continues to witness strong global glove demand owing to Covid-19 as the company's capacity has been fully taken up until end of 2021, said CSG-CIMB.

Foreign investors are expected to keep steering clear of the Thai bond market in 2021 after two years of selling due to low returns, while the country's benchmark interest rate is unlikely to fall further this year, an industry body said on Wednesday. Read m

Financial institutions are betting on more business opportunities in China’s finance industry, which Beijing is eager to crack open — even if analysts say major changes are a long way off.

MCX said that it has delivered 106 tonnes of natural rubber through its rubber futures contract on Wednesday. The commodity was delivered at Palakkad in Kerala.

Prices of natural rubber fell in key markets of Kerala due to higher supply as tapping is in full swing. Sluggish demand from domestic stockists further weighed down the prices, market participants said.

Malaysia led Asia's emerging stock markets higher while the ringgit ended stronger today as the market shrugged off the second round of Movement Control Order (MCO) and state of emergency jitters.

The ringgit opened marginally lower against the US dollar today due to the lack of buying interest, in spite of the greenback’s weaker performance, said an analyst.

The ringgit rebounded against the US dollar at the opening today on positive sentiment following the government’s moves to allow businesses to function during the nationwide state of emergency which is expected to last until Aug 1, 2021.

The ringgit rebounded 0.22% to open at 4.0472 this morning versus the US dollar (USD), following better clarity of the state of emergency, amid the reimplementation of the movement control order (MCO).