Malaysia Should Adopt Phased, Fiscally Prudent Approach To Petroleum Reserve Stock -- Economist

KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.

Ringgit Firms As Us Rate Hike Expectations Recede

By Abdul Hamid A Rahman

KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.

Bursa Malaysia Ends Higher On Broad-based Buying

By Siti Noor Afera Abu

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.

Ringgit Rises As Soft US Data Weighs On Greenback

KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.

Rubber Market Ends Lower On Expectation Of Higher Supply From Thailand

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 15 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, despite gains across regional rubber futures markets.

Govt To Study The Need For National Petroleum Reserve Stock - PM Anwar

KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.

Bursa Malaysia Ends Lower, Weighed By Profit-taking In Banking, Energy Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia’s key index closed lower as investors locked in profits following three consecutive sessions of gains, with banking and oil and gas counters leading the decline.

PTL Properties Opens Sales Gallery For The Rimbun In Bukit Mertajam

BUKIT MERTAJAM, July 15 (Bernama) -- Penang-based property developer, PTL Properties Sdn Bhd has officially opened the sales gallery for The Rimbun, its latest affordable strata townhouse development in Bukit Mertajam.

Bursa Malaysia Lower At Midday On Profit-Taking

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly in the banking and utilities counters. 

Bursa Malaysia Opens Higher Ahead Of 2Q GDP Estimate

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved investor sentiment ahead of Malaysia's advance estimate for second-quarter (2Q) gross domestic product (GDP), while tracking Wall Street's mostly positive performance.