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Ringgit Eases Against US Dollar, Tracks Major Currencies

By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 23 (Bernama) -- The ringgit eased against the US dollar in the early session, tracking other major currencies, as the domestic unit is likely to stay cautious amid lingering West Asia tensions that further disrupt global oil and gas flows. 

Sapangar Port Expansion Expected To Be Completed By October 2027

KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).

Orkim To Buy Oil & Chemical Tanker For RM94.88 Mln, Expands Fleet To 20 Vessels

KUALA LUMPUR, July 22 (Bernama) -- Orkim Bhd’s wholly-owned subsidiary, Orkim Ambition Sdn Bhd, has entered into a Memorandum of Agreement with ALLContinents International Shipping Ltd for the proposed acquisition of an IMO Type II oil/chemical tanker for 157 million renminbi (about RM94.88 million).

GDB Holdings Bags RM439.4 Mln Mont Kiara Development Project

KUALA LUMPUR, July 22 (Bernama) -- GDB Holdings Bhd has secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur from Magma Kiara Sdn Bhd.

Ringgit Ends Higher Vs US Dollar, Other Currencies Amid Rising Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 22 (Bernama) -- The spike in crude oil prices helped lift the ringgit, which finished higher against the US dollar and other major currencies at today's close.

Bursa Malaysia Ends Lower Amid Profit-taking, Higher Oil Prices

By Karina Imran

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. 

Rubber Market Ends Mixed Despite Stronger Crude Oil Prices, China Growth Optimism

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 22 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, despite gains in regional rubber futures markets, firmer benchmark crude oil prices and a slightly weaker ringgit against the US dollar, according to a dealer.

Oil Price Spike Splits Global Markets As AI And Chip Stocks Attract Investors -- Analyst

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.

Kpler Analyst Warns Oil Prices Can Soar Above US$100 Per Barrel

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.

Daicel Launches DURACON POM Grades With 30 Pct Recycled Content

KUALA LUMPUR, July 22 (Bernama) -- Daicel Corporation's High Performance Polymers (HPPs) SBU (formerly Polyplastics Co Ltd) has launched four new DURACON POM grades containing 30 per cent post-consumer recycled (PCR) material.

BNM's International Reserves At US$131.8 Bln As At July 15, 2026

KUALA LUMPUR, July 22 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$131.8 billion as at July 15, 2026, compared with US$132.6 billion as at the end of last month.