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Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Enhanced BioNexus Status Strengthens Malaysia’s Biotechnology Ecosystem

KUALA LUMPUR, Aug 28 (Bernama) -- The enhanced BioNexus Status framework strengthens Malaysia’s position as a platform for growing biotechnology companies by expanding support and responding to the industry’s evolving needs.

Bursa Malaysia Ends Lower On Broad-based Selling Ahead of Long Weekend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia ended lower on Friday, weighed down by broad-based selling ahead of the long weekend.

AIREI Launches Its Second AI-Based Smart Palm Oil Mill

IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.

OSK Posts Higher Net Profit Of RM143.41 Mln In Second Quarter

KUALA LUMPUR, Aug 28 (Bernama) -- OSK Holdings Bhd posted a slightly higher net profit of RM143.41 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM142.00 million in the corresponding quarter last year.

Malaysia's PPI Rises By 9.7 Pct In July 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia’s Producer Price Index (PPI) increased by 9.7 per cent in July 2026, slightly higher than a 9.2 per cent increase in the previous month, according to the Department of Statistics Malaysia (DOSM).

ASM 2 Wawasan Declares income Distribution Amounting To RM1.31 Bln, Highest In 7 Years

KUALA LUMPUR, Aug 28 (Bernama)-- Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a RM1.31 billion income distribution for its fixed price fund, Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan).

Utility Counters Weigh On Bursa Malaysia At Midday

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia remained in negative territory at midday, weighed down by persistent selling pressure in selected heavyweights, particularly utility counters.

Bursa Malaysia Turns Lower At Mid-Morning

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia’s key index turned lower at mid-morning, weighed down by selected heavyweights, particularly in the utilities, construction and financial services sectors.

FBM KLCI Futures Open Mostly Higher In Early Trade

KUALA LUMPUR, Aug 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened mostly higher on Friday.

Bursa Malaysia Opens Higher On Buying Interest Ahead Of National Day

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia opened higher on Friday, with pre-Merdeka buying interest potentially providing further support ahead of the National Day celebrations.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid cautious sentiment ahead of signals from the United States Federal Reserve (US Fed) at the annual Jackson Hole Symposium, said an analyst.