Bursa Malaysia Ends Lower As Selling Pressure In Oil-related Counters Weighs

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the previous session, an analyst said.

Rubber Market Ends Lower On Softer Oil Prices, Firmer Ringgit

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 13 (Bernama) -- The rubber market ended lower on Thursday, pressured by lower crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.

FatHopes Energy-PVOIL To Set Up Vietnam’s Used Cooking Oil Ecosystem

KUALA LUMPUR, Aug 13 (Bernama) -- FatHopes Energy Sdn Bhd has entered into a strategic partnership with PetroVietnam Oil (PVOIL) to establish Vietnam’s first nationwide used cooking oil collection ecosystem, marking a milestone for Southeast Asia’s clean energy transition.

VentureTECH Invests RM28 Mln In Three Bumiputera Tech Firms To Drive Innovation

PUTRAJAYA, Aug 13 (Bernama) -- VentureTECH Sdn Bhd has invested RM28 million in three bumiputera-led high-growth, high-value technology (tech) companies to accelerate innovation in industrial automation, healthcare and digital inclusion.

Toyota Aims To Bolster 'Earning Power' Amid Tariff, West Asia Headwinds

NAGOYA (Japan), Aug 13 (Bernama-Kyodo) -- Toyota Motor Corp.'s top executive vowed to strengthen its "earning power," with the industry facing headwinds from US tariffs and the prolonged conflict in the West Asia, Kyodo News reported.

Bursa Malaysia Retreats After Opening Higher In Early Trade

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price index (CPI).

Gold Futures End Higher On Global Fiscal Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, against a broader backdrop of global fiscal concerns, rising government debt burdens and persistent questions over the long-term credibility of sovereign balance sheets.

Ringgit Ends Higher Vs Greenback Ahead of US Inflation Data

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

Rubber Market Ends Higher On Firmer Oil Prices, Positive US Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 12 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, supported by firmer crude oil prices, a dealer said.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)