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Ringgit Ends Higher Against Major Currencies, Lower Versus US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed higher against most major currencies but lower against the US dollar on Wednesday, as the greenback strengthened broadly amid renewed concerns over Europe’s fiscal outlook, an analyst said.

Yinson Prices US$1.458 Bln In Bonds To Refinance Agogo FPSO

KUALA LUMPUR, Oct 7 (Bernama) -- Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has priced US$1.458 billion (US$1=RM4.08) in bonds to refinance its Agogo floating production, storage and offloading (FPSO) vessel off the coast of Angola.

ASEAN Launches School of Regulation To Strengthen Regional Energy Cooperation

KUALA LUMPUR, Oct 7 (Bernama) -- The ASEAN School of Regulation (ASR) has been officially launched at the 44th ASEAN Ministers on Energy Meeting (AMEM), marking a major step towards strengthening regulatory capabilities and regional cooperation to support ASEAN’s energy transition and interconnected power systems.

Bursa Malaysia Ends Lower As Higher US Yields, Oil Prices Weigh On Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended lower today in tandem with weaker regional markets, failing to track Wall Street’s rally as elevated US Treasury yields and renewed gains in crude oil weighed on sentiment.

Young Diplomats Need To Master Volatile Changes In Global Geopolitical And Geo-economic Landscape

PUTRAJAYA, Oct 7 (Bernama) -- Young prospective diplomats need to be exposed to a variety of approaches and experiences to enable them to adapt to the increasingly volatile changes in the global geopolitical and geo-economic landscape.

Rubber Market Ends Higher

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 7 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, tracking regional rubber futures markets' performance amid tighter rubber supply. 

Digital Realty Begins Construction Of 24 MW Japan Data Centre

KUALA LUMPUR, Oct 7 (Bernama) -- Digital Realty, a cloud- and carrier-neutral data centre platform, has announced the commencement of construction of KIX15, a new 24 megawatt (MW) data centre at its KIX Campus in Ibaraki City, Osaka Prefecture, Japan.

PEN SJ Electronics To Invest Over US$70 Mln In Penang, Create More Than 1,000 Jobs

GEORGE TOWN, Oct 7 (Bernama) -- PEN SJ Electronics Sdn Bhd has pledged to invest over US$70 million (US$1=RM4.08) to establish an advanced packaging materials and thermal management solutions facility in Penang, which is expected to create more than 1,000 jobs.

APO Databook Highlights Asia’s Productivity, Economic Growth Trends

KUALA LUMPUR, Oct 7 (Bernama) -- The Asian Productivity Organization (APO) has released the 19th edition of the APO Productivity Databook, providing harmonised comparisons of Asia’s economic growth and productivity from 1970 through 2024, with projections through 2035.

Bursa Malaysia Stays In The Red At Mid-afternoon

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon, in line with weaker regional markets.

Budget 2027: Penang Hopes For Good News On Penang Technology Financial Centre, 7 Projects Under RP2

GEORGE TOWN, Oct 7 (Bernama) -- Penang hopes Budget 2027 will bring good news regarding the proposal to establish the Penang Technology Financial Centre (PTFC) in collaboration with the federal government to strengthen the state’s technology ecosystem.

Japan’s Umios To Broaden Its Footprint In Malaysia

KUALA LUMPUR, Oct 7 (Bernama) -- Umios Corporation, one of the world’s largest fishery and food companies, plans to broaden its footprint in Malaysia with new investments which will expand both its human and pet food business.