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Gold Futures Close Lower Ahead of US PCE Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Wednesday as investors remain cautious ahead of the United States Personal Consumption Expenditures (PCE) inflation data release tomorrow.

Alderbuck Energy To Deploy Nexus Power Unit At San Diego Supercomputer Center

KUALA LUMPUR, June 24 (Bernama) -- Alderbuck Energy, a power conversion and intelligent energy management solutions developer, announced that its Nexus Power Unit (NPU) will be deployed at the San Diego Supercomputer Center (SDSC) at the University of California San Diego.

Rubber Market Ends Lower Amid Softer Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday amid softer crude oil prices and a mixed performance in regional rubber futures markets, a dealer said.

Malaysia FDI Jumps 41.2 Pct To RM65.9 Bln In 2025 -- DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s foreign direct investment (FDI) rose 41.2 per cent to RM65.9 billion in 2025 from RM46.7 billion a year earlier, the Department of Statistics Malaysia (DoSM) said.

Univar Solutions Unveils 2030 Sustainability Strategy 

KUALA LUMPUR, June 24 (Bernama) -- Univar Solutions LLC (Univar Solutions) has launched its 2030 sustainability strategy, "Growth Through Purpose", alongside the release of its 2025 Sustainability Report, outlining new environmental, social, and commercial targets aimed at driving long-term business value, managing risk, and meeting evolving stakeholder expectations.

Denodo Earns Snowflake “One To Watch” Recognition For Agentic AI Solutions

KUALA LUMPUR, June 24 (Bernama) -- Denodo has been recognised by Snowflake as a Data Integration and Data Modeling "One to Watch" in The Modern Marketing Data Stack 2026 report for enabling agentic artificial intelligence (AI) solutions for marketing leaders.

Malaysia's Onshore FX Market Remains Healthy, Daily Turnover Rises To US$21.3 Bln -- BNM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s onshore foreign exchange (FX) market remains healthy, with the average daily FX turnover rising to US$21.3 billion as of June this year, as compared with US$19.8 billion in 2025, according to Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

Johor Water Security Plan Strengthened Amid Rapid Industrial Growth

KUALA LUMPUR, June 24 (Bernama) -- The government is taking a long-term approach to ensure water security in Johor remains safeguarded, in line with rapid growth in the industrial sector, urban development and strategic investments, including data centres.

Malton Shares Up 30 Pct On AI Centre Partnership Proposal

KUALA LUMPUR, June 24 (Bernama) -- Shares of Malton Bhd rose almost 30 per cent in early trade today after it announced plans to collaborate with a United States-based NVIDIA cloud partner to establish artificial intelligence (AI) compute centres in Malaysia.

Ringgit Opens Easier As Strong US Data Supports Dollar

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.

Gold Futures Close Lower Amid Hawkish Fed Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking softer United States COMEX markets as the hawkish US Federal Reserve (Fed) outlook on a potential interest rate hike weighed down market sentiment.

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.