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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.
KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)
KUALA LUMPUR, July 8 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.2 billion, following a US$1.28 billion issuance and reissuance exercise (US$1=RM4.07).
KUALA LUMPUR, July 8 (Bernama) -- Modon has recorded more than 13 billion Emirati dirham in sales within days of launching Hudayriyat Golf Estates on Hudayriyat Island in Abu Dhabi, setting what the company claimed is the highest publicly recorded sales value for a single residential project launch in the United Arab Emirates (UAE). (100 Emirati dirham = RM111.03)
KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Wednesday as demand for the greenback strengthened amid escalating geopolitical tensions in West Asia.
KUALA LUMPUR, July 7 (Bernama) -- Crude oil supplies for industrial production, including resin manufacturing, remain stable, and industries are also adjusting their operations to cope with rising costs, the Ministry of Economy said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.
By Karina Imran
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.
By Danni Haizal Danial Donald
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
KUALA LUMPUR, July 7 (Bernama) -- The government is focusing on preventing exclusion errors, or eligible individuals being left out of assistance programmes, as part of preparations to address the challenges of an ageing population.
