Gold Futures Close Lower Despite Gains On COMEX

KUALA LUMPUR, Nov 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, amid firmer performance on the US Commodity Exchange (COMEX).

Ringgit Ends Lower Against US Dollar Amid Stronger US Economic Data Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit ended lower against the US dollar on Monday with positive United States economic data outlook lending support to the greenback.

JS-SEZ Approved Investments Hit RM88.83 Bln, 45 Pct Realised

By Anas Abu Hassan

SINGAPORE, Nov 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) recorded RM88.83 billion in approved investments between January 2025 and June 2026, with the potential to create 28,755 jobs, said Economy Minister Akmal Nasrullah Mohd Nasir.

Brent Forecast Raised To US$100 Per Barrel By End-2026 -- OCBC

KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.

FIHB Subsidiary Secures RM46.96 Mln Structural Works Contract

KUALA LUMPUR, Nov 2 (Bernama) -- Federal International Holdings Bhd’s (FIHB) wholly-owned subsidiary, Federal Builders Industries Sdn Bhd, has secured a RM46.96 million contract from Perumahan Masteron Sdn Bhd.

Bursa Malaysia's Key Index Ends Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia’s key index ended higher today, recovering from early losses to remain above the 1,600-point level, supported by selective bargain hunting in telecommunications and commodity-related heavyweights despite continued weakness in technology stocks.

Rubber Market Ends Mixed

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 2 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker ringgit against the US dollar, a dealer said.

MATRADE Expects Malaysia's Trade Surplus To Grow By 20 Pct This Year

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 2 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) expects the country's trade surplus to grow by at least 15 to 20 per cent this year, compared with RM156.83 billion last year, said its chief executive officer Datuk Indera Abu Bakar Yusof.

Atos Names Judith Stewart To Lead Asia Pacific Healthcare, Life Sciences

KUALA LUMPUR, Nov 2 (Bernama) -- Atos, an artificial intelligence (AI)-powered digital transformation company, has appointed Judith Stewart as Head of Healthcare & Life Sciences for Asia Pacific, as it seeks to grow the business and help healthcare organisations use AI, sovereign technologies and cybersecurity.

Chinese Businesses Delegation Indicates US$15 Bln Investments In Malaysia -- Ahmad Zahid

KUALA LUMPUR, Nov 2 (Bernama) -- A Chinese business delegation has indicated intentions to invest US$15 billion (US$1 = RM4.06) in Malaysia, across six high-potential sectors including electrical and electronics (E&E), semiconductors, and the halal industry, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

EPMB Starts Production Of Two New GWM Hybrid Models In Melaka

ALOR GAJAH, Nov 2 (Bernama) -- EP Manufacturing Bhd (EPMB) is expanding its vehicle assembly operations in Pegoh, Melaka, with the roll-out of two new Great Wall Motor (GWM) models, namely the Wey G9 HEV multi-purpose vehicle and EC15S hybrid sport utility vehicle (SUV).

Heathrow Trails, JFK Tops In Airport Wi-Fi Stress Index - Holafly

KUALA LUMPUR, Nov 2 (Bernama) -- London Heathrow ranked last and New York’s JFK first among eight international business hubs in eSIM provider Holafly’s Airport WiFi Stress Index, which compares airport Wi-Fi conditions for business travellers.