Bursa Malaysia Opens Higher

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened higher on continued buying interest, underpinned by optimism over the semiconductor and artificial intelligence (AI) supercycle, a dealer said.

Malaysia Welcomes Understanding Between US, Iran – PM Anwar

KUALA LUMPUR, July 2 (Bernama) -- Malaysia has welcomed the understanding reached between the United States and Iran aimed at ending months of hostilities, while commending the role of Gulf countries, Türkiye, Pakistan and others in facilitating the memorandum of understanding.

Ringgit Opens Slightly Firmer Against Greenback As US Rate Concerns Ease

KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States' monetary policy outlook lifted sentiment following remarks by US Federal Reserve (Fed) officials on interest rates.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Bursa Malaysia Issues UMA Query To Skygate After Share Price Surge

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia has issued an unusual market activity (UMA) query to Skygate Solutions Bhd following a sharp rise in the company's share price.

KLCI Futures Close Lower

KUALA LUMPUR, July 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower in line with the weaker performance of the cash market. 

Ringgit Ends Lower As Fed Rate Hike Concerns Lift US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market sentiment.

Bursa Malaysia Reverses Earlier Gains To End Lower

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day's advances.

Nippon Kinzoku Launches Decorative Stainless Steel Finishes For Exterior Use

KUALA LUMPUR, July 1 (Bernama) -- Nippon Kinzoku Co Ltd, a manufacturer of cold-rolled stainless steel, has introduced its new "Decorative Stainless Steel Finishes for Exterior Use".

Petroleum Product subsidies Expected To Reach RM40 Bln This Year - MOF

KUALA LUMPUR, July 1 (Bernama) -- The government is expected to bear almost RM40 billion in petroleum product subsidies this year as a result of the increase in global oil prices following the West Asia conflicts, according to the Ministry of Finance (MOF).

Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027

JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.

Nine Funds Earn Perfect Scores In Global SWF GSR Scoreboard

KUALA LUMPUR, July 1 (Bernama) -- Global SWF has published the seventh edition of its Governance, Sustainability, and Resilience (GSR) Scoreboard, with nine institutions achieving perfect scores in the 2026 assessment of state-owned investors.