Sabah's Gas Supply Expected To Nearly Double By 2030 - Hajiji

KOTA KINABALU, Sept 18 (Bernama) -- Sabah's gas supply is expected to almost double to 1,350 million standard cubic feet per day (mmscfd) by 2030 compared to 700 mmscfd currently following the implementation of seven offshore development projects including four new gas fields.

Bursa Malaysia’s Key Index ends Morning Session Lower Amid Cautious Sentiment

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s key index saw interspersed buying and selling before ending the morning session in the red, as sentiment was cautious due to the Federal Reserve’s hawkish stance, elevated United States Treasury yields and persistent foreign selling.

Exports Of Sarawak's Timber, Timber-based Products Reach RM1.16 Bln As Of June

KUCHING, Sept 18  (Bernama) -- The export value of timber and timber-based products from Sarawak is estimated to have reached RM1.16 billion as of June this year, said Sarawak Timber Industry Development Corporation (Pusaka) general manager Datuk Zainal Abidin Abdullah.

Bursa Malaysia Rebounds On Lower Oil Prices, Easing US Yields

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday as lower oil prices, easing United States (US) Treasury yields and resilient labour market data encouraged bargain hunting in technology and semiconductor shares after the index closed 0.26 per cent lower yesterday, an analyst said.

Vertex Material Valued At US$7 Bln, Targets Nasdaq Listing In 2027

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysian advanced-materials company developing copper-composite materials for industrial applications Vertex Material has emerged as a new unicorn, achieving a valuation of approximately US$7 billion (US$1=RM4.08) and is targeting a listing on Nasdaq in 2027.

CAEXPO 2026, CABIS Open In Nanning, Strengthen China-ASEAN Economic Cooperation

From Siti Fauziah Hasan

NANNING (China), Sept 17 (Bernama) — The 23rd China-ASEAN Expo (CAEXPO) 2026 and China-ASEAN Business and Investment Summit (CABIS) opened here today, further strengthening economic and trade cooperation as well as regional economic integration.

Bursa Malaysia Ends Lower As US Bond Yields, Fed Tightening Concerns Weigh

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s main index closed lower today after a choppy trading session amid concerns over elevated United States (US) bond yields and the possibility of further monetary tightening by the US Federal Reserve, said an analyst.

Rubber Market Ends Higher On Resilient US Demand

By K. Naveen Prabu

KUALA LUMPUR, Sept 17 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, supported by resilient consumer demand in the United States.

Univar Solutions Expands Dow Distribution Agreement In North America

KUALA LUMPUR, Sept 17 (Bernama) -- Univar Solutions USA LLC (Univar Solutions), through its Ingredients + Specialties (I+S) from the Univar Solutions division, has expanded its agreement with Dow to distribute speciality ingredients for homecare and industrial cleaning applications across the United States and Canada.

Bursa Malaysia Ends Morning Session Lower Amid Cautious Risk Appetite

KUALA LUMPUR, Sept 17 -- Bursa Malaysia ended the morning session in the red following overnight weakness on Wall Street, as elevated oil prices, higher US Treasury yields and a US rate hike held risk appetite back.

RobotPlusPlus Closes Series C Round To Accelerate Global Expansion

KUALA LUMPUR, Sept 17 (Bernama) -- RobotPlusPlus has closed a Series C financing round worth hundreds of millions of Chinese yuan to accelerate global expansion and embodied artificial intelligence (AI) development.

Bursa Malaysia Opens Lower But Rebounds On Bargain Hunting

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s key index traded higher today, with bargain hunting expected to support trading, particularly in fundamentally sound blue-chip stocks that have been sold down, after the index closed 1.11 per cent lower on Tuesday.