Bursa Malaysia Opens Higher

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened higher on continued buying interest, underpinned by optimism over the semiconductor and artificial intelligence (AI) supercycle, a dealer said.

Malaysia Welcomes Understanding Between US, Iran – PM Anwar

KUALA LUMPUR, July 2 (Bernama) -- Malaysia has welcomed the understanding reached between the United States and Iran aimed at ending months of hostilities, while commending the role of Gulf countries, Türkiye, Pakistan and others in facilitating the memorandum of understanding.

SME Bank Appoints Samad Majid Zain As CEO

KUALA LUMPUR, July 2 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), a subsidiary of Bank Pembangunan Malaysia Bhd (BPMB) group, has appointed Samad Majid Zain as chief executive officer effective July 1, 2026.

Ringgit Opens Slightly Firmer Against Greenback As US Rate Concerns Ease

KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States' monetary policy outlook lifted sentiment following remarks by US Federal Reserve (Fed) officials on interest rates.

Malaysia-Thailand BEZ Development Proposal To Be Negotiated Bilaterally

KUALA LUMPUR, July 1 (Bernama) -- The proposal for the development of the Malaysia-Thailand Border Economic Zone (BEZ) will be negotiated bilaterally with Thailand before being implemented, said the Ministry of Economy.

CPO Futures Rebound On Indonesia's B50 Biodiesel Programme Rollout

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, supported by positive sentiment arising from Indonesia's implementation of the B50 biodiesel programme.

Iceberg X Sdn Bhd proprietary trader David Ng said stronger export performance in June also supported market sentiment.

Khazanah Backs PAC Recommendations To Strengthen Airport Ecosystem

KUALA LUMPUR, July 1 (Bernama) -- Khazanah Nasional Bhd has welcomed the recommendations of the Public Accounts Committee (PAC) on Malaysia Airports Holdings Bhd (MAHB) and the continued strengthening of Malaysia's airport ecosystem.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Bursa Malaysia Issues UMA Query To Skygate After Share Price Surge

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia has issued an unusual market activity (UMA) query to Skygate Solutions Bhd following a sharp rise in the company's share price.

Sarawak Govt Approves Appointment of Bintulu Port As Bintulu Port Operator

KUALA LUMPUR, July 1 (Bernama) -- Sarawak state government has approved in principle the appointment of Bintulu Port Holdings Bhd’s wholly owned subsidiary Bintulu Port Sdn Bhd (BPSB) as the port operator of Bintulu Port pursuant to Section 12(2) of the Port Authorities Ordinance, 1961.

Ringgit Ends Lower As Fed Rate Hike Concerns Lift US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market sentiment.

SC Appoints New Shariah Advisory Council For 2026-2029 Term

KUALA LUMPUR, July 1 (Bernama) -- The Securities Commission Malaysia (SC) has appointed a new seven-member Shariah Advisory Council (SAC) for a three-year term from July 1, 2026, to June 30, 2029.