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Gold Futures End Lower Ahead Of FOMC Minutes Next Week

KUALA LUMPUR, July 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as investors awaited the release of the Federal Open Market Committee (FOMC) meeting minutes next week. 

KLCI Futures Close Lower

KUALA LUMPUR, July 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Friday in line with the cash market. 

Bursa Malaysia Reprimands Meridian, Fines Executive Director Over Late Annual Reports

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Meridian Bhd and its executive director, Tang Boon Koon, for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR), while Tang was also fined RM8,500.

Lagenda Lodges RM1.5 Bln Sukuk Wakalah Programme With SC To Fund Housing Developments

KUALA LUMPUR, July 24 (Bernama) -- Lagenda Properties Bhd's (Lagenda) wholly owned subsidiary, Lagenda Capital Bhd has today made a lodgement with the Securities Commission Malaysia (SC) for the establishment of an Islamic medium term notes (sukuk wakalah) programme of RM1.5 billion on the shariah principle of wakalah bi al-istithmar (sukuk wakalah programme).

Ringgit Ends Slightly Lower Against Greenback Amid West Asia Tensions, US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.

MITI To Continue To Engage With US As 10 Pct Forced Labour-Related Tariff On Malaysia Takes Effect

KUALA LUMPUR, July 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to engage with the United States over the 10 per cent forced labour-related tariff imposed on Malaysian exports effective today.

Bursa Malaysia Retreats As Market Digests Latest US Tariffs

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.

SMEs Should Diversify Export Markets As US Tariff Takes Effect - SAMENTA

KUALA LUMPUR, July 24 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States’ latest 10 per cent import tariff.

Shanxi, Malaysia Boost Economic, Cultural Tourism Ties 

KUALA LUMPUR, July 24 (Bernama) -- China’s Shanxi Province and Malaysia have strengthened cooperation in economic, trade, and cultural tourism sectors following an exchange conference held in Kuala Lumpur on July 21.

Govt To Continue Tariff Talks With US Over Forced Labour Issue -- PM Anwar

PORT DICKSON, July 24 (Bernama) --  Prime Minister Datuk Seri Anwar Ibrahim said the government will continue negotiations with the United States over the new tariffs imposed on Malaysia related to the forced labour issue if the outcome remains unsatisfactory.

Bursa Malaysia Remains Lower At Midday Amid Rising West Asia Tensions

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia traded lower at midday in subdued market sentiment, as investors were cautious due to escalating West Asia tensions ahead of the weekend.

RHB IB Initiates ‘Buy’ Call For Gas Malaysia On MRP, RGT4 Prospects

KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.