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There are 227 news based on search keyword "ree"

Gold Futures Snap Three-day Winning Streak To Close Lower

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives snapped a three-day winning streak to close lower on Friday, tracking weaker performance on the US Commodity Exchange (COMEX).

Ringgit Slips Against US Dollar Amid Global Risk-off Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar on Friday, weighed down by a broad risk-off sentiment across global markets amid renewed selling pressure in the semiconductor sector.

Seremban Engineering Bags RMB30 Mln Cross-border Supply Chain Contract

KUALA LUMPUR, Nov 6 (Bernama) -- Seremban Engineering Bhd’s wholly owned subsidiary, MIE Material Resources Sdn Bhd (MMR), has secured a cross-border supply chain services contract worth RM18.21 million from EPG Engineering System Sdn Bhd (EPGES).

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.

Abu Dhabi’s TII, Naval Group Partner On Underwater Drones

KUALA LUMPUR, Nov 6 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII) has signed an agreement with French naval defence company, Naval Group to explore jointly developing and commercialising uncrewed underwater vehicles (UUVs).

OPR Status Quo Consistent with Growth And Inflation Outlook -- BNM Governor

By M. Saraswathi and Karina Imran

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent reflects its assessment that the rate remains consistent with price stability outlook and sustainable economic growth, said Governor Datuk Seri Abdul Rasheed Ghaffour.

MHB Completes RM350 Mln Sukuk Murabahah Issuance

KUALA LUMPUR, Nov 6 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has completed the issuance of sukuk murabahah with an aggregate nominal value of RM350 million under its sukuk murabahah programme of up to RM1.0 billion.

Saudi Fund For Development Inks Over US$403 Mln Loans To Rebuild Syria

KUALA LUMPUR, Nov 6 (Bernama) -- The Saudi Fund for Development (SFD) has signed six concessional development loan agreements worth over US$403 million with Syria, to rebuild infrastructure and restore public services damaged by years of conflict. (US$1 = RM4.04)

Labuan Tuna Industry Player Vivendi Asset Expands Into Brunei 

By Jailani Hasan

LABUAN, Nov 6 (Bernama) -- Labuan's leading tuna industry player, Vivendi Asset Group, is expanding its regional footprint through a major investment in Brunei, where its seafood processing venture is set to become the sultanate's largest.

Bursa Malaysia Extends Losses At Midday On Weak Sentiment

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia continued its downtrend at midday on Friday, tracking losses among most regional peers as selling in heavyweight counters weighed on the market amid weak sentiment following Wall Street’s overnight rout.

MRM Health, Biocodex Partner On 15 Mln Euros Microbiome Medicine Facility

KUALA LUMPUR, Nov 6 (Bernama) -- Biotech company, MRM Health has formed a strategic partnership with French pharmaceutical company, Biocodex, which will invest 15 million euros in a manufacturing facility for microbiome-based medicines. (1 Euro = RM4.54)

More Than A Smartphone Brand: Xiaomi's Next Chapter In Malaysia

By K. Naveen Prabu

KUALA LUMPUR, Nov 6 (Bernama) -- Xiaomi is expanding beyond the smartphone market as it strengthens its position as a global technology company, with Malaysia playing an important role in its regional growth strategy.