Gold Futures On Malaysian Exchange End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).

Fifth MADANI Budget Maintains Resolve On Strengthening Economy, Translating Growth To Better Life -- Anwar

KUALA LUMPUR, Oct 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the Fifth MADANI Budget is based on a clear resolve to strengthen the nation’s economy and translate growth into a better life for the people.

CPO Prices Could Return To RM5,000 Per Tonne In 1Q 2027 – Thomas Mielke

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) prices could return to the RM5,000-per-tonne level as early as in the first quarter (1Q) of 2027, driven by potential disruptions to the sunflower oil market and developments surrounding the Russia-Ukraine conflict, said an analyst.

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.

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.