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KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The Kuala Lumpur rubber market rebounds to end higher on Tuesday, supported by gains in regional rubber futures, firmer crude oil prices and encouraging global manufacturing data, said a dealer.
KUALA LUMPUR, Aug 4 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired H.M. Royal, a 101-year-old speciality distributor of rubber, plastics and adhesive additives, to strengthen its Performance Materials business and expand its presence in the United States (US).
KUALA LUMPUR, Aug 4 (Bernama) -- Lumora, South Korea's first Independent Power Producer (IPP) dedicated to underutilised industrial space, has closed a pre-seed financing round led by a fund anchored by Yuhan-Kimberly and managed by My Social Company (MYSC), alongside HGI and other strategic investors.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 3 (Bernama) -- The sharp decline in global crude oil prices today may be temporary, as market sentiment remains highly sensitive to developments surrounding the proposed talks between the United States and Iran, an economist said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's economy could record another year of growth exceeding 5.0 per cent, supported by robust exports and resilient domestic spending, said MBSB Investment Bank Bhd.
KUALA LUMPUR, Aug 3 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly-owned subsidiary Sunway Construction Sdn Bhd (SCSB) has accepted a letter of award from a multinational technology corporation headquartered in the United States for the mechanical, electrical and plumbing fit-out works for a data centre development in Johor worth RM1.02 billion.
KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a tight range of between US$4,050 and US$4,100 per troy ounce next week, with an upward bias.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 31 (Bernama) -- The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.
