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Southern Score Builders Pare Early Gains Despite RM40 Mln Job Win

KUALA LUMPUR, Sept 22 (Bernama) -- Southern Score Builders Bhd (SSBB) opened higher before paring its gains in early trading, despite its announcement yesterday that its unit, SJEE Engineering Sdn Bhd, had secured an RM40 million data centre subcontract project in Nilai, Negeri Sembilan.

FBM KLCI Futures Expected To Trade Cautiously Next Week Amid Higher Oil Prices

KUALA LUMPUR, Sept 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade cautiously next week as higher oil prices continue to put pressure on global risk appetite, said an analyst.

Bursa Malaysia Seen Cautious Next Week Amid Global Uncertainties

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia’s benchmark index is expected to remain cautious next week, with investor sentiment likely to be shaped by the Federal Reserve’s latest policy decision, developments in West Asia, oil prices and shifts in US interest rate expectations.

Ringgit Ends Higher vs US Dollar On Easing Oil Supply Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit strengthened against the US dollar and other major currencies at Friday's close, buoyed by improved market sentiment following easing concerns over crude oil supply, an analyst said.

Global Interest Rate Hike Cycle Main Concern For Gold Prices - MGA

KUALA LUMPUR, Sept 18 (Bernama) – The Malaysia Gold Association (MGA) stated that the ongoing interest rate hike cycle in major economies is anticipated to be the primary factor impacting gold prices in the future.

Penang Eyes Regional Partial Homeport Role For Swettenham Pier, Says Can Handle 12,000 Passengers

GEORGE TOWN, Sept 18 (Bernama) -- Penang is positioning Swettenham Pier for a bigger role in the regional cruise network, with the terminal now capable of accommodating two quantum-sized cruise ships simultaneously and up to 12,000 passengers.

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.

Ringgit Opens Higher Against US Dollar As Oil Prices Ease

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Friday, supported by improved market sentiment as easing West Asia crude oil supply concerns lifted risk appetite.

Ringgit Ends Higher Against Most Major Currencies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit ended mostly higher against major currencies on Thursday, but weakened against the greenback, as investors digested the US Federal Reserve's (Fed) latest interest rate decision, an analyst said.

Ringgit Ends Mostly Higher Against Major Currencies, But Weakens vs US Dollar

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit ended mostly higher against major currencies on Thursday, but weakened against the greenback, as investors digested the US Federal Reserve's (Fed) latest interest rate decision, an analyst said.

Airasia-Linked Shares Slide Amid Intervention Reports

KUALA LUMPUR, Sept 17 (Bernama) -- Capital A Bhd and AirAsia Group Bhd emerged among the top three active counters, following reports of potential government intervention in AirAsia’s domestic operations amid concerns over its financial health.

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.