17d ago
KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday amid continued caution over vessel movements in the Strait of Hormuz as investors monitored geopolitical tension.
17d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders reacted to Indonesia's official announcement of its B50 biodiesel mandate, which projected lower-than-expected domestic palm oil consumption.
17d ago
KUALA LUMPUR, July 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher tracking the firmer COMEX gold prices, supported by renewed safe-haven demand amid geopolitical uncertainties.
17d ago
KUALA LUMPUR, July 9 (Bernama) -- Insurance and takaful provider AIA Malaysia has secured the top position in the Million Dollar Round Table (MDRT) rankings in Malaysia for the 10th time, recording a total of 827 MDRT qualifiers, including 19 Top of the Table (TOT) and 67 Court of the Table (COT) members.
17d ago
KUALA LUMPUR, July 9 (Bernama) -- Exsim Hospitality Bhd’s wholly owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), has accepted a letter of award from Cosmopolitan Avenue Sdn Bhd for the design and build of interior works under a RM63.5 million contract.
17d ago
KUALA LUMPUR, July 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher on Thursday.
17d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed flat against the US dollar after the latest US Federal Open Market Committee (FOMC) minutes suggested a less unified stance on further policy tightening, an analyst said.
17d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.
17d ago
By Harizah Hanim Mohamed
BANDUNG, July 9 (Bernama) -- Selangor wants to build trade relations and enhance connections between investors in the state and West Java, Indonesia, to drive stronger economic growth for both parties, said Selangor Menteri Besar Datuk Seri Amirudin Shari.
17d ago
PUTRAJAYA, July 9 (Bernama) -- Malaysia Airlines Bhd has expanded its network in China with the launch of direct services from Kuala Lumpur to Shenzhen and Changsha, bringing the total number of destinations served by the airline in the country to nine.
17d ago
KUALA LUMPUR, July 9 (Bernama) -- Foreign investors returned to the Malaysian bond market in June, recording net inflows of RM4.9 billion compared with net outflows of RM4.3 billion in May, supported by easing geopolitical tensions and continued confidence in the country’s economic fundamentals, according to Kenanga Investment Bank Bhd (Kenanga IB).
17d ago
KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia (BNM) has maintained its Overnight Policy Rate (OPR) at 2.75 per cent today, for the seventh consecutive period.