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Bursa Malaysia Opens Lower But Rebounds On Bargain Hunting

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s key index traded higher today, with bargain hunting expected to support trading, particularly in fundamentally sound blue-chip stocks that have been sold down, after the index closed 1.11 per cent lower on Tuesday.

UUE Eyes Large-Scale Power Grid Infrastructure Projects Through JV With EGP Singapore

JOHOR BAHRU, Sept 15 (Bernama) -- UUE Holdings Bhd (UUE), an underground utilities engineering solutions provider, is expanding into the high-barrier extra-high-voltage (EHV) and high-voltage (HV) substation engineering segment through a joint venture (JV) with Singapore-based electrical infrastructure solutions provider EGP Infrastructure Investments Pte Ltd (EGPII).

BMD Gold Futures Close Lower In Line With US COMEX Counterparts

KUALA LUMPUR, Sept 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower today following the decline in gold futures on the United States Commodity Exchange (US COMEX).

Ringgit Ends Lower Against US Dollar As Investors Await FOMC Decision

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 15 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as investors remained cautious ahead of the two-day US Federal Open Market Committee (FOMC) meeting, which begins tonight, an analyst said.

Bursa Malaysia Ends Lower Ahead Of FOMC Decision, Amid Higher Oil Prices

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia ended lower today in subdued trading as sentiment continued to remain cautious ahead of the Federal Open Market Committee (FOMC) interest rate decision tomorrow and soaring oil prices.

O&G Counters Remain In Focus Amid Persistent Oil Market Risks

KUALA LUMPUR, Sept 15 (Bernama) -- Oil and gas (O&G) counters remained in focus with investment banks maintaining a positive stance on the sector.

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.

Ringgit Opens Higher Vs US Dollar Ahead Of Key Central Bank Meetings

KUALA LUMPUR, Sept 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, amid cautious sentiment ahead of key central bank meetings this week, an economist said.

Yes Group Receives Nod For Listing On Bursa Malaysia's ACE Market

KUALA LUMPUR, Sept 14 (Bernama) -- Customised incentive travel solutions provider Yes Group Management Bhd (Yes Group) has received Bursa Malaysia Securities Bhd’s approval for its listing on the ACE Market.

MOF Has Taken Note Of Four Companies’ RM4.2 Bln Claim Against DBS Bank

KUALA LUMPUR, Sept 13 (Bernama) -- The Ministry of Finance (MOF) has taken note of a compensation claim amounting to approximately RM4.2 billion filed by four companies against DBS Bank Ltd at the Singapore High Court.

Segula Technologies Eyes Malaysia As Southeast Asia Engineering Hub

From Saraswathi Muniappan

NEW DELHI, Sept 12 (Bernama) -- Segula Technologies India Pvt Ltd is advancing plans to establish Malaysia as its regional hub for Southeast Asia following a “fruitful” discussion with Prime Minister Datuk Seri Anwar Ibrahim in India’s capital.

AWL Eyes Steady Palm Oil Imports From Malaysia, Explores Branded Exports Growth

From Saraswathi Muniappan

NEW DELHI, Sept 12 (Bernama) -- AWL Agri Business Ltd, one of India's largest food and fast-moving consumer goods companies, said it will continue to source the bulk of its palm oil requirements from Malaysia and is exploring opportunities to expand branded consumer exports to the Malaysian market.