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Ringgit Closes Lower Ahead of Key US Economic Data

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The ringgit closed lower against the US dollar today as market participants stayed cautious ahead of key United States economic data due later tonight.

Medisca Founder Antonio Dos Santos Returns As CEO

KUALA LUMPUR, June 30 (Bernama) -- Medisca has appointed founder and chairman Antonio Dos Santos as chief executive officer (CEO), succeeding Sanjay Goorachurn as part of the company's leadership transition.

Bursa Malaysia Ends On A Softer Note

KUALA LUMPUR, June 30 (Bernama) -- Bursa Malaysia ended the first half of the 2026 trading year on a softer note, following a range-bound trading session as investors remained cautious amid the lack of fresh domestic catalysts.

KL Rubber Market Ends Mixed Amid Regional Futures Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, supported by gains in regional rubber futures markets and a slightly weaker ringgit against the US dollar, a dealer said.

Toshiba Unveils 80V N-Channel Power MOSFET For AI Data Centres

KUALA LUMPUR, June 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched “TPM1R408RH”, an 80-volt (V) N-channel power MOSFET fabricated using U-MOS11-H, its latest-generation process.

Public Mutual Declares Over RM96 Mln In Distributions For Five Funds

KUALA LUMPUR, June 30 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank Bhd, has declared distributions amounting to more than RM96 million for five funds for the financial year ended June 30, 2026.

Sabah Needs Integrated Logistics Masterplan To Give Holistic Direction

LABUAN, June 30 (Bernama) -- Sabah needs an integrated logistics and transport master plan to address challenges at the structural level instead of relying on fragmented, project-by-project solutions, a logistics expert said.

 Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).

Maybank Raises Sustainable Finance Target Across ASEAN To US$73 Bln By 2030

JAKARTA, June 30 (Bernama) -- Maybank Group has committed to mobilise US$73 billion (US$1 = RM 4.06) in sustainable finance across ASEAN by 2030, raising its ambition as it continues to support what it describes as a responsible and orderly transition that drives long-term growth and resilience.

MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.

PJL Sells First Team In US$50 Mln Deal To McCarthy Jumping Team

KUALA LUMPUR, June 30 (Bernama) -- The Premier Jumping League (PJL) announced that seasoned trader, investor, and competitive race car driver Jason McCarthy and McCarthy Jumping League LLC acquired the league’s first team in a landmark US$50 million transaction. (US$1=RM4.06)

BNM: Malaysia's Official Reserve Assets At US$130.63 Bln At End-May 2026

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$130.63 billion at the end of May 2026, compared with US$129.73 billion at the end of April 2026.